Talent Attraction and Migration

by Jörgen Eriksson on May 6, 2013

Human migration is movement by humans from one area to another, sometimes over long distances or in large groups. Historically this movement was nomadic, often causing significant conflict with the indigenous population and their displacement or cultural assimilation. Only a few nomadic people have retained this form of lifestyle in modern times.

Migration has continued under the form of both voluntary migration within one’s region, country, or beyond and involuntary migration, which includes the slave trade, trafficking in human beings and ethnic cleansing.

Historically migration was a large extent involuntary or out of desperation, with a smaller proportion of people migrating by the attraction from new opportunities. For example the Viking raids was to some extent started by the Viking population in Scandinavia exceeding the agricultural potential of their homeland and reforms allowing only the oldest son to inherit his father. Younger sons were thus tempted to emigrate or go on raids.

Nowadays migration to take opportunities is becoming increasingly important and we have a new name for this, talent attraction. Migration is becoming increasingly more about the “pull” from opportunities and demand for talented people than about the “push” from overpopulation and too extensive labour supply. I am myself a migrant, having moved from my native Sweden to France in 1997 for a career opportunity.

Amazing ChinaQuite a number of people I know have in the past 3-5 years moved to China, where they find a job market that is much better to offer them opportunities and good compensation than they had in todays Europe.


For the big perspective, in the video below the Economist explains on how immigrants help both the countries they leave and those to which they move, through meeting excess demand for workers and through remittances.

Migration

About Jörgen Eriksson :

Jörgen Eriksson is the founder of Bearing and is the Chairman of the firm since it was created. He has successfully expanded Bearing into covering projects on four continents. He is also Adjunct Professor of Innovation Management at the International University of Monaco and at Universitat Politècnica de Catalunya in Barcelona and he is an active member of the Founders Alliance organisation.

Working with consulting engagements across Bearings practices, he has over the past fifteen years participated in and supervised a large number of client projects, from innovation system development and place development and branding, to merger and acquisition assignments and leading edge research and business development activities for key clients.

His new book, Branding for Hooligans, will be published in 2015. It is about how innovation and branding are key survival factors in our modern times of hyper competitive markets.

Prior to Bearing, he was Director of Europe, Middle East, and Africa for Trema Treasury Management, a technology and consulting services provider, supplying financial software solutions for the global financial industry, Clients included The European Central Bank, Citibank, SEB, South African reserve Bank, Deutsche Bank, Abu Dhabi Investment Authority (ADIA), as well as many other large financial institutions and Fortune 500 companies.

Early in his career Eriksson was educated at the Stockholm School of Economics, where he studied economics, financial economics and philosophy. He then worked in Scandinavian investment banks and also for the Swedish Institute of National Defense Research.

You can contact Jörgen on e-mail jorgen.eriksson@bearing-consulting.com, connect on LinkedIn on http://fr.linkedin.com/pub/jörgen-eriksson/0/38/8a0/ and follow him on twitter on joreri508.

{ 1 comment… read it below or add one }

Samantha Manniex May 11, 2013 at 07:36

Ireland is an interesting case in point here. Over the last few years it has gone from suffering a mass exodus of talent, to attracting it back in droves with the boom of the country’s IT and tech sector.
China used to have a strong job market for foreign talent, but I believe this is dwindling as the numbers of Western-educated, bi-lingual young Chinese grow.

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