How will CEOs overcome the challenge of accessing and attracting the best talent in Africa?

With an increase in activity within the emerging market space, and the opportunities of the new revenue streams this space presents, companies are increasing their focus on sourcing the right talent and moving the talent around in an optimal manner. The trend on global workforce mobility is becoming increasingly important, which indicates that the way our workforce is sourced, managed and deployed is going to change drastically over the next ten years.

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How will CEOs overcome the challenge of accessing  and attracting the best talent in Africa?

by Helen Bimbassis of Deloitte RecruitTalent

We envision that by the year 2020 there will be an increase in international assignments, which will further contribute to an increase in overall global mobility. The world continues to shrink as technology links people across time zones, cultures and language divides.

One of the biggest challenges most company CEOs face is access to the best talent, as this is one of the most critical factors for their business growth strategy.

Africa, today, is one of the emerging markets that most companies are exploring and expanding into. Africa exhibits risks and opportunities seen in countries like China and  India during the early 1990s. Back then, few global players knew how to react when these countries opened up their markets for business. It was difficult to assess how serious or committed their governments were, and yet – companies that took in capital early have lucrative businesses today. New regimes in North Africa have yet to demonstrate their intention, while in Sub-Saharan Africa lives the deadly scourge of AIDS and has singularly reduced life expectancy at birth by a staggering 10 years, all of which contributes to the brain-drain phenomena.

In a paper presented at the Institute for African Studies and Slovenia Global Action (“African Migration and the Brain Drain”), the following statistics were provided:

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