Today-Nov 4
Singapore moved up one spot this year to rank sixth among cities in attracting and developing talent, while retaining its second position behind Switzerland in the ranking among countries. The latest Global Talent Competitiveness Index report, released on Thursday (Nov 3), showed that Singapore was the only country in Asia to feature among the top 20 for both cities and countries in the rankings, which were dominated by European countries. Denmark overtook the United States to place third in the country ranking. The report also showed, though, that Singapore did not do so well in retaining talent. In the ranking by cities, the top five before Singapore were leader San Francisco in the US, followed by Boston in the US, Zurich in Switzerland, Seattle in the US and Lausanne in Switzerland. The index is published yearly by graduate business school Insead. It is a comprehensive benchmarking report that measures how countries and cities grow, attract and retain talent. The findings are meant to allow decision-makers to develop strategies to boost competitiveness. The 2022 report covered 133 countries and 175 cities from around the world across all groups of income and levels of development. Cities are ranked separately from nations because cities are generally considered more unequal compared to other parts of national territories. Singapore has been the second-most talent-competitive country in the world and has held its position since the index was first put out in 2013 — except in 2020 when it fell to third place. Read more at: https://www.todayonline.com/minute/singapore-ranks-2nd-after-switzerland-attracting-talents-has-trouble-retaining-them-insead-2036871