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GHRF 2008: Creating Competitive Advantage through Global Talents

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Uploaded by on Jul 26, 2009

O. The New Paradigm for Future Business: Creating Competitive Advantage through Global Talents

- This session identifies 8 key HR challenges to address through 2015 (based on an analysis of a global survey of 4,741 executives in 83 countries);
- Analyzes HR policy examples of global giants with a great impact on their management and productivity;
- And defines top future HR challenges for Korean companies and discusses strategies to obtain people advantage in emerging economies.

People are more important than ever to success of a company, and their importance will only grow in the future. The working population is aging in the developed world and skilled labor is harder to obtain in developing countries. Just a few years ago, companies were restructuring and reducing their workforces, but many of them started to find it difficult to fill key positions and replace the valuable knowledge held by retiring employees. It may soon be harder to find and keep talented employees than to raise money in an IPO.

This session aims to recognizing the changing attitude of businesses toward HR, based on a global survey of 4,741 executives in 83 countries by the Boston Consulting Group (BCG) and the World Federation of Personnel Management Associations (WFPMA), and to seeking new solutions to global talent management challenges by analyzing best practices.

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