Estonia has been ranked 20th in the 2017 Global Talent Competitiveness Index that measures how countries grow, attract and retain talent.
The index, compiled by INSEAD, a global graduate business school, provides a resource for decision makers to develop strategies for boosting their talent competitiveness.
Estonia is ranked 20th, just after the United Arab Emirates and before Qatar. Latvia was ranked 32nd and Lithuania 33rd.
Switzerland was ranked first in the index, followed by Singapore and the United Kingdom. The United States was ranked fourth.
Estonia is also a top performer in the Global Knowledge Skills subindex.
Tallinn ranked 22nd in the Global City Talent Competitiveness Index
The Estonian capital, Tallinn, was also ranked 22nd in the Global City Talent Competitiveness Index. That index is topped by Copenhagen, Denmark; Zürich, Switzerland; and Helsinki, Finland.
According to INSEAD, the 2017 report explores the effects of technological change on talent competitiveness, arguing that while jobs at all levels continue to be replaced by machines, technology is also creating new opportunities.
“However, people and organisations will need to adapt to a working environment in which technology know-how, people skills, flexibility and collaboration are key to success, and in which horizontal networks are replacing hierarchies as the new leadership norm,” the business school said. “Governments and business players need to work together to build educational systems and labour market policies that are fit for purpose.”
Cover: Tallinn skyline through a window (photo by Tõnu Tunnel)