Survey: Thailand ranks 34 out of 60 in 'World Talent Report'

[webfact]

SURVEY
Kingdom ranks 34 out of 60 in 'World Talent Report'
Pichaya Changsorn
The Nation
Singapore



BANGKOK: -- IMD, a business school based in Switzerland, yesterday announced its new "IMD World Talent Report" that gauges the "people development" metric, a key factor for national competitiveness.

The report ranks Thailand 34th out of 60 countries included in the research. The Kingdom slips seven positions from the previous year, based on statistical models that compared year-on-year data.

Arturo Bris, IMD world competitiveness director, said that unlike the school's global competitiveness rankings, which are based on the outcomes of countries' efforts, the talent ranking measures an important input to competitiveness, and indicates whether a country will do better or not in the future.

Switzerland tops the talent index, followed by Denmark, Germany, Finland and Malaysia - the only Asian country ranked in the top 10.

Of all of the Asian economies rated in the talent study, Thailand at No 34 outranks only South Korea (40th), the Philippines (41st), China (43rd) and India (48th). In comparison, Thailand is ranked 29th in the IMD global competitiveness index.

IMD's talent study in essence measures the ability of a country to attract, retain, and develop talent.

"Or I would like to call it 'people development' - ability of a country to develop their people's skills that fit the labour market," Bris said. "It's important because it explains truly if a country is best positioned for the future." The talent index takes into account three major pillars: "investment and development" in education; "appeal", or the ability of the country to attract talent; and "readiness", which means the ability of the country to promote and reward talent.

Thailand is ranked 44th on the "investment and development" pillar, 20th on "appeal", and 43rd on the "readiness" factor. Bris said Thailand shared the typical characteristic of Asian economies that have appealed to talented people but need to invest more in education and prepare their people to be ready for the employment sector.

The investment and development factor incorporates sub-parameters including public expenditure on education, pupil-teacher ratio, apprenticeship, and female workforce.

The appeal pillar takes into account factors such as quality of life, worker motivation, brain drain, and people who have acquired skills overseas. The readiness pillar considers factors such as labour-force growth, finance skills, international experience, competent senior managers, science in school, management education, and language skills.

Bris said countries that performed well in the talent ranking were those that had an education system that allowed their people to join the labour force when they are quite young, such as Germany and Switzerland, which have apprenticeship systems.

On the other hand, countries like Spain and India produce large numbers of engineers in economies that cannot absorb all of them, resulting in a mismatch with the requirements of their labour markets.

Source: http://www.nationmultimedia.com/business/Kingdom-ranks-34-out-of-60-in-World-Talent-Report-30248240.html


-- The Nation 2014-11-21

[thesetat2013]

I wonder if they base their statistical information on figures the Thais give them?

[whatawonderfulday]

I wonder if they base their statistical information on figures the Thais give them?

I suspect the statistical information used is what the Thais paid them to use !!

[Commerce]

Interesting the report was written in Switzerland, and who came out on top?

[Tokay]

Talent for what exactly, cheating?

No offense to Thais, but very few Thais ever shine on the world stage or do anything of note outside of Thailand. They just had their first (and only) Mt. Everest climber a few years ago.

I saw a show on TV last week where young adults go to K-Pop school in Korea to learn how to be stars. There was a Thai girl on the show who goes there, speaks Korean, trying to be a star there. She said in her interview (also speaks perfect English), well, in a nutshell she said Thailand didn't have what it took and was too relaxed. She made it sound like she knew the Thais were not able to compete on that level, so that is why she went to Korea.

[ramrod711]

The report ranks Thailand 34th out of 60 countries included in the research. The Kingdom slips seven positions from the previous year, based on statistical models that compared year-on-year data.

The fact that the country fell seven spots after deposing Kittirat the white liar is frightening. Who is the finance minister now, Mickey Mouse?

[chainarong]

Thailand would do well to forget about bouncy survey figures that make the feel good brigade full of happiness and concentrate in actual achievement , there are a few international figures especially from the medical science area that are world leaders in their trade and you never hear much about them as they quietly go about their business , indirectly what I am saying is for Talent Thailand to stop being something you are not, not everyone can be a star.

[Zonka]

Just tells us what we all know already - Thailand is going backwards!

[sawadee1947]

I wonder if they base their statistical information on figures the Thais give them?

of course...or does anybody believe in this HIGH RANK.....?

[sanuk711]

No offense to Thais, but very few Thais ever shine on the world stage or do anything of note outside of Thailand. They just had their first (and only) Mt. Everest climber a few years ago.---Tokay

Wow countries to be judged in their competitiveness by climbing Mt Everest---that's a newie...... I take it we overlook a few points on the way Tokay...Like Malaysia being number 4 on the list -- and Everest mountain climbers, that will be none then.

But the most competitive country by far-measured by "The Tokay Everest Mountain climbers chart--for measuring a country's competitiveness". didn't even make the IMD. list let alone the top 60 of it, and this country had sent a group of 25 climb to the summit in one go---& 16 year old boy being the youngest ever climber, They also have had more people climb to the summit then any other country, & in 2010 one of their citizens had climbed to the summit 20 times.

.

I wonder if we could start a competition name it-- "Ways we can give Thailand a good kicking"--- Did they make the Cricket world cup ?? how are they at Domino's & Darts, when did they produce the last great American football Player--Who was the last Thai to score in the FA cup.

Wow -- I think your right Tokay---just a bunch of losers.

Edited November 21, 2014 by sanuk711

[oxo1947]

What country was that then?

[sanuk711]

The person from the country that heads "The Tokay Everest Mountain climbers chart-- for measuring a country's competitiveness". is-after reaching the summit 20 times in 2010 (21 times now he climbed last year) & now lives in the USA is named

Lhakpa Tenzing Sherpa--his last name might give you a small clue.......

Edited November 21, 2014 by sanuk711

[12DrinkMore]

Talent for what exactly, cheating?

No offense to Thais, but very few Thais ever shine on the world stage or do anything of note outside of Thailand. They just had their first (and only) Mt. Everest climber a few years ago.

I saw a show on TV last week where young adults go to K-Pop school in Korea to learn how to be stars. There was a Thai girl on the show who goes there, speaks Korean, trying to be a star there. She said in her interview (also speaks perfect English), well, in a nutshell she said Thailand didn't have what it took and was too relaxed. She made it sound like she knew the Thais were not able to compete on that level, so that is why she went to Korea.

I think you are mistaking the use of the word "talent".

It is not about "xxx-country has Talent" TV show, it is about educated and talented young people who will be able to propel their country forward in the 21st Century.

Thailand is more about the wealthy maintaining the status quo and restraining any progress which could be perceived as threatening their lifestyles.

(And it does not take talent to get up Everest anymore. Essentially all you need is a pile of cash and the Sherpas will haul your arse to the top and back)

Edited November 21, 2014 by 12DrinkMore

[steven100]

thought it could have been a bit higher than that .....

I know a few clowns out there .........

[Baerboxer]

Talent for what exactly, cheating?

No offense to Thais, but very few Thais ever shine on the world stage or do anything of note outside of Thailand. They just had their first (and only) Mt. Everest climber a few years ago.

I saw a show on TV last week where young adults go to K-Pop school in Korea to learn how to be stars. There was a Thai girl on the show who goes there, speaks Korean, trying to be a star there. She said in her interview (also speaks perfect English), well, in a nutshell she said Thailand didn't have what it took and was too relaxed. She made it sound like she knew the Thais were not able to compete on that level, so that is why she went to Korea.

I think you are mistaking the use of the word "talent".

It is not about "xxx-country has Talent" TV show, it is about educated and talented young people who will be able to propel their country forward in the 21st Century.

Thailand is more about the wealthy maintaining the status quo and restraining any progress which could be perceived as threatening their lifestyles.

(And it does not take talent to get up Everest anymore. Essentially all you need is a pile of cash and the Sherpas will haul your arse to the top and back)

Sort of connects. The incredibly wealthy rich elite hiso Thais like to hide their money offshore in safe havens. The traditional safe haven for any one wanting to hide wealth, avoid takes, ensure safety - Switzerland.

The gnomes of Zurich got that right - hold all the secret stashes, look after it well and everybody will guarantee your neutrality.

[Mudcrab]

I've been around a bit...certainly not all countries mentioned...but Thailand would have to be up there amongst the best, as would Brazil, on the talent/cost/p4p index.

[selftaopath]

Just tells us what we all know already - Thailand is going backwards!

Has been for a very very long time IMO.

All things considered, how could it not?

[Oryx816]

No offense to Thais, but very few Thais ever shine on the world stage or do anything of note outside of Thailand. They just had their first (and only) Mt. Everest climber a few years ago.---Tokay

Wow countries to be judged in their competitiveness by climbing Mt Everest---that's a newie...... I take it we overlook a few points on the way Tokay...Like Malaysia being number 4 on the list -- and Everest mountain climbers, that will be none then.

But the most competitive country by far-measured by "The Tokay Everest Mountain climbers chart--for measuring a country's competitiveness". didn't even make the IMD. list let alone the top 60 of it, and this country had sent a group of 25 climb to the summit in one go---& 16 year old boy being the youngest ever climber, They also have had more people climb to the summit then any other country, & in 2010 one of their citizens had climbed to the summit 20 times.

.

I wonder if we could start a competition name it-- "Ways we can give Thailand a good kicking"--- Did they make the Cricket world cup ?? how are they at Domino's & Darts, when did they produce the last great American football Player--Who was the last Thai to score in the FA cup.

Wow -- I think your right Tokay---just a bunch of losers.

Nobel Prize winners represent a fairly wide range of universally highly regarded talents. Please let us know when a Thai brings one home.

Not saying they are losers, one has to be able to compete and be in the running to be a winner or loser.