The World in 2050

Talent Mobility and the Future of Jobs

Businesses and governments around the world are beginning to come to terms with the new reality of the post-financial crisis era. In response to the excesses leading to the crisis, today there is a primary emphasis on constraints, not growth—e.g., reductions in government spending, postponed corporate expansion, stagnant or declining hiring, and slowing growth in the Far East coupled with little growth in the EU and US. At the same time, there is a critical need to unleash growth, to leverage emerging trends in technology, market needs, and society to expand enterprise and economic opportunity. Success in breaking through to a new wave of growth and prosperity will depend increasingly on human and social capital. In turn, a new, global burst of innovation and entrepreneurship will require a deep pool of highly skilled, creative, inclusive, risk taking individuals and communities.

 

Given the essential role of human capital in the coming expansion, a global war for talent is beginning and will intensify. At the heart of this competition are three issues: 

 

Skill Gaps
Almost 200 million people around the world (40 million of which are in the advanced economies alone) are unemployed. Yet global businesses are struggling with jobs that remain vacant. Seventy five million of these unemployed are youth.The inability to fill jobs despite massive unemployment is not only due to geographic imbalances in demand and supply, but also due to large skill gaps between the needs of the industry and the output of the education systems.

 

Technology Development
Advances in technology, especially Information Technology, will continue to disrupt societies in the coming years. Cloud, mobile technology, social networks and collaboration technologies, and big data provide almost infinite computing, storage, and bandwidth at very low cost. This has increased the amount of innovation in every sector and aspect of our lives. These developments are redefining jobs of the future and with it, the talent needed for the future.

 

Change in Demographics
Emerging economies like India and China are increasingly becoming magnets for talent while advanced economies like Japan, the EU and the U.S. are facing the challenges of an aging workforce. The most direct impact of the widespread aging around the globe is that regional and national economies that depend on a largely static local workforce will be challenged, as the local population ages out of the working economy. 

 

 

“Talent Mobility for the 21st Century” is an article written by Kris Gopalakrishnan. The excerpts and ideas here were published for the G20 magazine edited by Ana C. Rold.

Hosts

Sponsors

Speakers

Ana C. Rold

Editor-in-Chief
Diplomatic Courier

HE Manuel Sager

Ambassador of Switzerland
to the United States

David Chavern

Chief Operations Officer
U.S. Chamber of Commerce

Ambassador Stuart Holliday

President and CEO
Meridian International Center

Fumbi Chima

Vice President of Global Technology Services and Strategic Partnerships

Wal-Mart

Surya Kant

President, North America, UK & Europe 

Tata Consultancy Services

Stephan Vincent-Lancrin

Senior Analyst 

OECD

Larry Quinlan

Global Chief Information Officer
Deloitte

Wayne Scholes

Chief Executive Officer
Red Touch Media

Karenann Terrell

EVP & Chief Information Officer
Wal-Mart

Steve Currall

Dean, School of Business

UC Davis

Gary Beach

Publisher Emeritus

CIO Magazine

Guillermo Fernandez de la Garza

Executive Director

FUMEC

Dr. Heidi Kleinbach-Sauter

Senior Vice President, Global Foods

PepsiCo

John Ruff

Former President

Institute of Food Technologists

Elisa Villanueva Beard

Co-CEO

Teach For America

Lucian Tarnowski

Founder and CEO

BraveNew Talent

Michael Norris

Chief Operating Officer and Market President

Sodexo, Inc.

Schedule

Welcome & Introductions
Ana C. Rold

Morning Keynote
David Chavern

PANEL I: Changing Demographics
Panelists: Stephan Vincent-Lancrin, Michael Norris, and Surya Kant;
Moderated by Ambassador Stuart Holliday

PANEL II: Technology Developments
Panelists: Karenann Terrell, Larry Quinlan, Steve Currall,
and John Ruff; 
Moderated by Wayne Scholes

Luncheon Keynote
Ambassador Manuel Sager

PANEL III: Skill Gaps
Panelists: Dr. Heidi Kleinbach-Sauter, Elisa Villanueva Beard,
Guillermo Fernandez de la Garza, and Lucian Tarnowski; Moderated by Gary Beach

January
14
14
8
30
am
3
30
pm
January
14
3
30
pm
Date TBD
The National Press Club
529 14th Street, NW
LOCATION TBD
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