Talent and Competitiveness in the Uae

In: Business and Management

Submitted By peteclarkuk
Words 13872
Pages 56
Talent

and Competitiveness

In the United Arab Emirates

A study by Aleron Partners in conjunction with Boyden Global Executive Search

Aleron Partners
London │ Dubai │ Singapore

2

Aleron Partners FZ-LLC 2012 ©

Contents

Foreword by Matthew Lewis – Boyden Global Executive Search Executive Summary: ‘The Two Page Version’

1. Introduction
2. The Economics of Talent 3. People Power 4. Acquiring Talent

Olympic Potential Opportunity for the UAE An Example More Money, More Problems

pg 14 pg 20 pg 28 pg 34

5. Managing Talent
6. Making Decisions 7. Final Remarks

Investing in People
Better by a Margin Starting the Process

pg 48 pg 64 pg 72

3

Aleron Partners FZ-LLC 2012 ©

4

Aleron Partners FZ-LLC 2012 ©

Foreword by Matthew Lewis
Much has been written about the Macro and Socioeconomic impact on the UAE and its economy since the global financial crisis – the oil price, the Arab Spring and on-going Middle East instability are all valid factors in this regard. What we have not seen until now is the resultant effect and impact on the often overlooked but most important assets of any business – its people and their productivity. Our research seeks to fill that omission. The period from 2008 to 2012 has seen a cataclysmic shift in the fundamental areas of demand, quality and flexibility of the talent pool in the UAE. High costs of expatriation and the regional pressure of localisation have put more focus on the productivity of people working within shrinking organisations. Many UAE employees, not having previously worked in a constant change environment and under unfamiliar circumstances, are struggling to perform with fewer resources, less direction, less personal development and / or rewards.

Foreword By Matthew Lewis,
Director – Boyden Global Executive Search, Middle East and North Africa “The UAE has succeeded in…...

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