Talent Boost Open Space Session September 7, 2017

It’s time to put Finland on the global talent map

– but how? Open Space Session September 7, 2017

Maria 01 Helsinki

#TalentBoost @tem_uutiset

Join the event in social media:

#TalentBoost @tem_uutiset

Facebook livestream by @onnivators

8.9.2017 Työ- ja elinkeinoministeriö • www.tem.fi 2

PROGRAM 12.00 Welcome words & introduction to the Talent Boost programme Sonja Hämäläinen & Laura Lindeman Ministry of Economic Affairs and Employment 12.20 Fireside chat: Trust and happiness – the cornerstones for the Finnish talent attraction model? Teemu Moisala, Futurice Oy Rasmus Roiha, Ohjelmistoyrittäjät ry 12.40 Panel discussion: Who and how should Finland attract? – Perspectives from key stakeholders Concluding comments Egbert Scrham, Itim International 13.20 Break 13.45 Workshop: Defining the target group, communication channels and stakeholder roles to attract international talent to Finland 15.45 Wrap up

Talent Boost – International talents boosting growth

Ministry of Economic Affairs and Employment

Sonja Hämäläinen & Laura Lindeman

Open Space session: It's time to put Finland on the global talent map - but how? Sep 7, 2017

#TalentBoost

5

Internationalisation of people

Now

In 2020

In 2030

Top 3 reasons to move to Finland:

Work Family Studies

More than half of all immigrants live in the capital region.

330 000 foreign citizens

240 000 foreign citizens

Half a million foreign citizens

Source: Statistics Finland

Why do we need international talent attraction and retention management?

- Global competition for talents is here. - Lack of right kind of competence is one of the biggest challenges for growth

and internationalisation of companies.

- Investments follow talents.

- An open, attractive and international labour market safeguards the availability of workforce.

- The potential of international talents is underutilised in companies.

- Diversity produces new innovations and companies.

- Strong growth of migration vs. aging population. 8.9.2017 Työ- ja elinkeinoministeriö • www.tem.fi 6

Trends in global migration of talent

- Exceptionally talented people migrate much more frequently than general population. - The US receives an exceptionally large share of these inflows, and its “trade balance”

for talent flows is very lopsided. - Big immigration destination countries are heavily dependent on migrants for the their

skill development. - Growth in the migration of talent to a country closely timed with that location’s growth

in overall leadership. - These migrants are crucial for

- Firm creation / entrepreneurship - Job creation - Innovation & productivity growth

Sources: • Sari Pekkala Kerr, William Robert Kerr, Caglar Özden, and Christopher Parsons: “Global Talent

Flows”, Journal of Economic Perspectives 30:4, 83-106 (2016). • Sari Pekkala Kerr, William Robert Kerr, Caglar Özden, and Christopher Parsons: “High-Skilled

Migration and Agglomeration”, Annual Review of Economics 9, 204-234.


Talent Attraction

Talent Reception

Talent Integration

Talent Reputation


Framework conditions: Policies Regulations Economic situation Political climate

Enablers: Jobs Quality of life Culture & leisure Accessibility Place brand & marketing Education & research Clusters & networks

Management of ecosystem

Copyright: Andersson, King-Grubert & van Hest, modified from Tendersor

Cornerstones of talent attraction management

Talent Boost - International talents boosting growth programme by the Government

The Government launches the Talent Boost –programme in the autumn 2017. OBJECTIVE: International expertise will support the growth and

internationalisation of companies. TARGETS: Target 1: International talents consider Finland attractive. Target 2: The business sector utilises networks and expertise of

international talents to accelerate growth and internationalisation and attract investments.

Target 3: Finnish business ecosystems, innovation platforms and labour market are inclusive for international talents and encourage entrepreneurship.

8.9.2017 Ministry of Economic Affairs and Employment • www.tem.fi 9

Dialogue is in the heart of the Talent Boost programme - The actions of the Talent Boost programme are decided on the basis of the

active dialogue between different stakeholders.

- The Open Space series is one of the methods for having the dialogue. - The Open Space events 2017:

1. International talents boosting growth, Team Finland house, Feb 1 2. Innovation ecosystems and international human capital, Microsoft Flux, Apr 25 3. It's time to put Finland on the global talent map - but how?, Maria 01, Sep 7

- Coming up: The Talent Boost Summit at Koskenranta on November 22

- Organised by the Ministry of Economic Affairs and Employment, Helsinki Region Chamber of Commerce, Turku Science Park and Business Tampere

Would you like to organise a Talent Boost event in the future?


Challenges in Finland

- Shortage of labour: - ICT professionals, especially software developers - Tourism and restaurant personnel - Health care professionals: nurses, doctors, dentists - Construction workers - Positive structural change in the South-West Finland Need for tens of thousands of workers for car industry and ship building. Multiplier effect Need for labour also in other professions.

- The tuition fees of the universities Has brought new kinds of

challenges in international student attraction.

- OECD: Finland should attract more international researchers in order to have internationally significant innovation ecosystem.


• Helsinki 3rd and Finland 9th in the Global Talent Competitiveness Index 2017


Fifteen years ago, 80 percent of people said they chose the company before the city. Today, 64 percent choose the city before they choose the company or the job. Charles Landry, Robert Bosch Academy

Cities as talent magnets - the Global Talent Competitiveness Index 2017

http://www.adecco.fi/fi-fi/uutishuone/#/documents/gtci-tutkimus-2017-63503


Finland 9th in the Global Talent Competitiveness Index 2017




Brain drain or brain gain? – Males


Sari Pekkala Kerr, William Robert Kerr, Caglar Özden, and Christopher Parsons: “Global Talent Flows”, Journal of Economic Perspectives 30:4, 83-106 (2016). Sari Pekkala Kerr, William Robert Kerr, Caglar Özden, and Christopher Parsons: “High-Skilled Migration and Agglomeration”, Annual Review of Economics 9, 204-234.

Brain drain or brain gain? – Females


Sari Pekkala Kerr, William Robert Kerr, Caglar Özden, and Christopher Parsons: “Global Talent Flows”, Journal of Economic Perspectives 30:4, 83-106 (2016). Sari Pekkala Kerr, William Robert Kerr, Caglar Özden, and Christopher Parsons: “High-Skilled Migration and Agglomeration”, Annual Review of Economics 9, 204-234.

Why do we lose talents even though we succeed in the talent attraction

indicators?



Finland as it appears on the global experts’ field of choices

(The Welfare State in Competition for Global Talent, Raunio &

Forsander, 2007)

The attraction factors of Finland

Other countries put a lot of effort in talent attraction



Toolbox Finland – at your disposal


This is Finland website

https://finland.fi/

Questions for today:

- Who should we attract? - How do we reach them? - How can we cooperate in making Finland the #1 talent

destination?


Thank you! Sonja Hämäläinen Director of Migration [email protected] Tel. 029 50 47112

Laura Lindeman Senior Specialist [email protected] Tel. 029 504 7205 Ministry of Economic Affairs and Employment T

mailto:[email protected]

mailto:[email protected]

International professionals in

Finland Onnivators

PROGRAM 11.30 Coffee & sandwich 12.00 Welcome words & introduction to the Talent Boost programme Sonja Hämäläinen & Laura Lindeman Ministry of Economic Affairs and Employment 12.20 Fireside chat: Trust and happiness – the cornerstones for the Finnish talent attraction model? Teemu Moisala, Futurice Oy Rasmus Roiha, Ohjelmistoyrittäjät ry 12.40 Panel discussion: Who and how should Finland attract? – Perspectives from key stakeholders 13.20 Break 13.45 Workshop: Defining the target group, communication channels and stakeholder roles to attract international talent to Finland 15.45 Wrap up

Trust and happiness – the cornerstones for the

Finnish talent attraction model

Teemu Moisala Futurice Oy

Rasmus Roiha Finnish Software Industry & Entrepreneurs Association

Who and how should Finland Attract?

Perspectives from key stakeholders

PANEL DISCUSSION

Voitto Kangas, Maria 01 Kirsi Korhonen, University of Helsinki Joanna Kumpula, Finnish National Agency for Education Iiro Lindborg, Rolls Royce Marja-Liisa Niinikoski, Helsinki Business Hub Topi Järvinen, Nestholma

Concluding remarks:

Egbert Schram, Itim International

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by @onnivators

Workshop

1. Define the target group

2. Identify relevant communication channels and

3. Identify key stakeholders and

their roles & responsibilities

Government & Nonprofit

Talent Boost Open Space Session September 7, 2017