World Talent Rankings Show the Best Countries for Franchising Abroad
Company Added
Company Removed
Apply to Request List

World Talent Rankings Show the Best Countries for Franchising Abroad

World Talent Rankings Show the Best Countries for Franchising Abroad

As any franchisor worth their salt knows, success - whether at home or abroad - depends not only on the franchisees you partner with, but also on their ability to hire competent managers and front-line employees, no matter the country, no matter the sector.

So, following up on this issue's first article by MSA's Kay Ainsley, here's another important factor in deciding which countries to consider for international expansion: the available talent pool.

IMD, a business school based in Lausanne, Switzerland, has published the 5th edition of its World Talent Ranking, which ranks 63 countries based on their ability to develop, attract, and retain the talent needed to supply businesses with a sustainable pool of qualified employees.

"Cultivating a skilled and educated workforce is crucial to strengthening competitiveness and achieving long-term prosperity, particularly in the current dynamic landscape where artificial intelligence, robotics, and other new technologies constantly redefine the challenges that governments, businesses, and society in general will have to face in the future," said Arturo Bris, director of the IMD World Competitiveness Center.

The assessment is based on 3 factors: 1) investment and development, 2) appeal, and 3) readiness. IMD says these factors include indicators that capture the resources invested in developing local talent, the extent to which a country attracts and retains talent, and the quality of skills available in the talent pool. The survey compiled input from more than 6,000 executives based in 63 different economies.

The full report is available online. Here are some highlights to get you started:

  • Top 10: Western Europe dominated, with Canada the only country not from that region. Among the top 5, Switzerland was #1 and Denmark #2 (both again), followed by Norway, Austria, and the Netherlands. The remaining top 10, in ranked order, were Canada, Finland, Sweden, Luxembourg, and Germany.
  • Bottom 5: The Slovak Republic, Colombia, Mexico, Mongolia, and Venezuela.

And, since you asked, the USA was #12, rising four positions from 2017.

Published: December 26th, 2018

Share this Feature

HomeTowne Studios by Red Roof
SPONSORED CONTENT
HomeTowne Studios by Red Roof
SPONSORED CONTENT
HomeTowne Studios by Red Roof
SPONSORED CONTENT

Recommended Reading:

Comments:

comments powered by Disqus
Smoothie King
ADVERTISE SPONSORED CONTENT

FRANCHISE TOPICS

UBreakiFix
ADVERTISE SPONSORED CONTENT
Conferences
Caesar's Forum, Las Vegas
MAR 29-1ST, 2022

Featured Opportunities

PrimoHoagies - Italian Specialty Sandwiches
PrimoHoagies Franchise is a sandwich franchise company that specializes in hoagies and is committed to quality quick, casual foodservice.
Dunkin'
Dunkin' Is Now Expanding! Find out about our franchise investment opportunities.
Roy Rogers Restaurants
Roy Rogers has built a loyal following across multiple generations by serving up quality and freshness that sets a new standard in QSR.
The Bar Method
As more and more people discover the benefits of a barre-based workout, the demand for The Bar Method locations continues to grow. Studio locations...
Hungry Howie's Pizza
Hungry Howie's is currently EXPANDING! Top Markets are available for single or multiple unit development. Get the EDGE over the competition with...

Share This Page

Subscribe to Our Newsletters