Why New Zealand needs to attract world class talent to compete
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Transcript of Why New Zealand needs to attract world class talent to compete
The world is getting:• Hungrier• Wealthier• Older• More connected
....and morepressure on thenatural environment
A great opportunity
NZ can establish substantial niche industry
• Clean Technology
• Quality food
• Software
• High-value manufacturing
• Life Sciences
• Film
+
We also need to:
• Rebuild our 2nd largest city
• Modernise Auckland
• Digitally empower the country
A great opportunity
3 Challenging Factors
THE BRICS have figuredout retention, they are providing opportunity
Skill shortages – they’re here and will become worse
Emerging Nations
Kiwi’s love to fly
Skill shortages
THE BRICS have figuredout retention, they are providing opportunity
McKinsey Global suggests that by 2020, the world could have 40 million too few college-educated workers
Skill shortages
Over one third of employers continue to experience a lack of talent. Higher than reported in 2007. More acute in the Asia Pacific and the Americas. Japan (85%), Brazil (68%), India (61%), Hong Kong (57%) New Zealand (51%).
Skill shortages
Emerging Nations Emerging Nations
BRICS have established workforce plans in place
Losing talent to developed markets is a big issue
73% will increase pay
65% will increase training
The Economist Intelligence Unit
Frontier Markets
Vietnam successfully competes against both China and India for software development centers
Frontier Markets
Vietnam – China and India are feeding grounds for Software developers
Philippines – 26 Tech Universities feeding into local Tech Cluster
Mexico – Paying more for Advanced programmers than India
• No rush
• 83% keep in touch through online news channels
• 60% social channels
• How connected are they to you?
Kiwi’s Love to Fly
Clean and Pristine 3rd Ease of doing business
1st Starting a business
1st Protecting Investors
World bank 2012 findings
Lack of opportunity?
“Only a handful roles”
“Need to take a step backwards to return”
It’s why we’re clean and green
Think first, think harder
Time zone advantage
Who....? Where.....?
Far away from family
Connectivity
-Content and conversation
led
-Adopt a CRM approach to
manage talent
-Educate potential prospects on
what its really like in NZ in real
time
-Engage through their social
Channels
Consider
-Deliver jobs that match their skill set
and aspirations
-Help candidates present themselves
well to NZ employers
-Help NZ employers filter through
inappropriate responses
-Help close deals, create connections
Decide
Move
Joined up services connecting to:
-Banking-Education-Spousal employment-Property
Source: New Zealand Now