Companies based in the Gulf have increasingly grown to recognise the importance of modern talent management strategies, according to ReThink MEA.
According to an analysis of the market by the specialist Dubai-based recruiter, the Gulf has joined the UK and the USA as one of the regions to most effectively embrace talent management.
Gavin Smith, Director at ReThink MEA commented on the analysis.
“America has always led the way when it comes to talent management, but that’s hardly surprising. You only need to look at the work of cutting-edge HR academics like Dave Ulrich to understand why. And in recent years, the UK has also recognised the importance of having holistic talent strategies in place. However, it’s now the Gulf’s turn and companies across the region are buying in to the idea of outsourcing their hiring plans and adopting best practice from other countries. In fact, the region has actually leapfrogged many of its competitors in the global market including major economies such as China, India and a number of Western European nations that have yet to really embrace talent management.
At a time when the global markets are picking up and McKinsey’s ‘War For Talent’ has well and truly reignited, it’s extremely encouraging to see firms here recognise that people are what creates a true competitive advantage. With talent becoming an increasingly global commodity, the future looks bright for Gulf firms that adopt these strategies.”