The most important corporate resource over the next twenty years will be talent. It is also the resource in shortest supply. This is particularly true in the field of high tech and finance but also in the field of policy-making at the highest level of world affairs, such as in international organisations. Jasmine Champenois, from the Executive Education Department of the Graduate Institute of International and Development Studies, offers some analysis.
In this time of high uncertainty on the
international job market, what is the
“war for talents”?
The “war for talents” is a term coined by
headhunting companies to describe the
shortage of qualified human resources forecasted
in the next decade. Organisations,
not only in the corporate sector but also
on the market of governmental and nongovernmental
organisations will have to
fight to attract the best talented individuals
and develop their skills. Talent is difficult
to define. In the current economic context,
new competences are clearly needed and it
is necessary to build skills such as leadership,
innovative and critical thinking.
Which skills do you think are important
for a young professional in the
world of global governance?
When we reflect on the cluster of skills
needed by participants in our executive
programmes, we come up with an endless
list. What really matters, therefore, is
for each individual to have a clear vision
of where to find the information he needs,
and not to be overloaded by it. For example,
if one is looking to sell more milk in a
new market or develop a local-governance
project, what type of information should
they be looking for? An efficient professional
needs to build a framework for analysis and action based on expert knowledge,
available global information and most
importantly, what we term “innovative
thinking”. This is very often the missing skill
that participants are seeking when they turn
to our programmes. It is this asset that gives
any organisation a comparative advantage
in the world today.
The Graduate Institute launches a
battery of executive education programmes
for professionals with high
potential: how do these fit in the
context of the war for talents?
It is while analysing these new trends that
the Graduate Institute created its new Executive
Master in International Negotiation
and Policy-Making programme. It is a part time
programme centered on the analysis
of global governance, international negotiation
and decision-making in the public and
private sectors. As the Graduate Institute is
ideally located at the heart of international
Geneva, this programme enables professionals
to refine their skills while working.
Each year, about 30 professionals with
high potential reflect upon key scenarios of
evolution of the international arena. This
programme aims at equipping professionals
with the new skills that are critical to world
affairs today.
What category of participants usually
attends this Executive Master in
International Negotiation?
Participants have between 3 to 10 years’
professional experience in both private
and public sectors. They are usually well
equipped in terms of professional expertise
(engineering, administration, finance, communication,
banking) but also wish to develop
a set of new skills such as intercultural
leadership and negotiation. The core of our
participants is drawn from international organisations
in Geneva such as UN agencies.
Field workers, programme officers, public
relations managers of these organisations
have well understood that a traditional MBA
is not appropriate for their career needs.
They join our programme since it deals
closely with what they face daily at work.
How do you see it makes a difference
back in their working environment?
An executive education programme usually
helps participants to design their own analytical
framework through which to quickly
and critically make sense of their global environment.
Our programmes on International negotiation
offer participants a space within which
to think beyond the frame of their own organisation
and an opportunity to discover
alternative perspectives that they might
not have otherwise explored. For instance,
one diplomat recently admitted that a case
study that she had examined as part of our
programme on international law had been
spotted on! The very next day she had to
adopt a multi-stakeholder approach in order
to solve an issue with a business partner.
She will definitely make a difference in the
organisation she belongs to.
Do you think international organisations
recognise that they need to
equip their employees with this set of
new competences?
Most organisations have realised that they
are talent-constrained but have not yet defined long-term strategies for developing
their competences. Without doubt, the organisations
that are most likely to succeed
are the ones that spend the most energy on
attracting, developing, and retaining talent.
Therefore, as the war for talents intensifies,
training and innovative thinking will definitely widen the gap between the winners
and the losers.
More information on the Executive Education at the Graduate Institute, http://graduateinstitute.ch/executive