Pedro Videla Ph.D., Professor of Economics, IESE Business School
The next generation of talent management practices and solutions will largely be driven by economic evolution, demographic changes, and technological advancements. These factors are dramatically influencing the way people work, the way companies are organized, and the way talent is managed. The top expansion prospects for global companies now include China, Russia and Eastern Europe, Mexico and South America, and the rest of Asia. This continued expansion provides both challenges and opportunities around talent utilization, diversity, and risk management. A clear understanding of the current global economy as well as future projections can aid organizations in creating strategies to combat their current challenges, and those on the horizon.
In this session, Professor Pedro Videla will discuss the three main risks that the world economy currently faces. First, the Euro zone’s financial crisis that is still active and pushing some country members toward recession. Second, although the U.S economy continues to recover, the pace of the recovery has been slow and the headwinds loom large. Third, China, one of the only remaining engines of growth, seems to be facing trouble due to overinvestment in the real estate sector. In addition, Professor Videla will explain the implications of these risks to the world economy and global organizations.