The Global Talent Competitiveness Index [GTCI] is an annual benchmark study that tries to understand the dimension of human capital/talent and its connection to competitiveness. This index is released as part of the yearly GTCI report, first launched in 2013. The 2021 report is released by INSEAD, in partnership with Accenture, ranking 134 countries on how they grow, attract and retain talent.
Global Talent Competitiveness Index - Overview
For its 2021 edition, the theme of the GTCI was 'Talent Competitiveness in Times of COVID', addressing the impact of the COVID-19 pandemic on global talent and the changes it has ushered in at levels of countries, cities and organizations. The report includes 68 variables and covers 134 countries and 155 cities, covering talent across all income groups and levels. This year's report accesses each nation and key city using six pillars - Enable, Attract, Grow, Retain, Vocational Technical Skills, Global Knowledge Skills.
Global Talent Competitiveness Index [GTCI] Country Ranking
The top 20 countries in this year's report are all high-income nations that have performed well across both input (like education) and output pillars (like employability) of the GTCI model. In addition, countries that showed impressive performance and stability despite the disruption of the pandemic were ranked at the top. Switzerland featured at the top of this list for the eight-year, with an impressive performance in all aspects of talent competitiveness, closely followed by Singapore (Rank 2) and the United States (Rank 3).
Global Talent Competitiveness Index [GTCI] City Ranking
The GTCI Rankings 2021 also assessed cities using similar parameters and found that in the top quartile (Ranked above 39), 17 cities are in Europe, 17 in North America, 3 in Australia, and 2 in Eastern or Southeastern Asia. Mumbai, ranked at 121 on this list, is the only Indian city mentioned in this report.
The top-performing cities as per the GTCI 2021 Report are as follows:
|1||San Francisco (United States)|
|3||Boston (United States)|
|8||Seattle (United States)|
|9||London (United Kingdom)|
Global Talent Competitiveness Index Takeaways for India
India's Global Talent Competitiveness Index position fell from 72 in 2020 to 88 in 2021. This fall is primarily attributed to the disparity in the regulatory landscape, high urbanization, and migration, lack of high-level skills, and employability of its workers.
The report has highlighted the challenge of attracting and retaining talent and the need to strengthen the role of minorities and women representation in the talent pool to help raise the level of internal openness in the country.
|India's Ranking in GTCI Report||GTCI Year|
FAQs on Global Talent Competitiveness Index [GTCI]
Q.1. Who releases the Global Talent Competitiveness Index [GTCI]?
The Global Talent Competitiveness Index [GTCI] report is published annually by INSEAD, a graduate business school based in France along with Portland Institute, an independent learning and research institute based in the US.
Q.2. What is the Global Talent Competitiveness Index?
The Global Talent Competitiveness Index (GTCI) is an innovative, annual benchmarking study that tries to understand the dimension of human capital/talent and its connection to competitiveness. The report provides a tool for governments, cities, and businesses to understand gaps risks and overcome talent mismatches in the global marketplace.
Q.3. What is India's rank in the Global Talent Competitiveness Index 2021?
India is ranked at 88th position among 134 nations in the Global Talent Competitiveness Index 2021.
Q.4. Which country has the best talent as per the Global Talent Competitiveness Index?
Switzerland has ranked at the top of the Global Talent Competitiveness Index for the eighth time, with an impressive performance in all aspects of talent competitiveness.