This book looks at the circumstances surrounding talent today. It also asks business leaders to step back and understand the global talent landscape, before translating this understanding into strategy. It is in this area that economic inquiry as a disciple can be invaluable to human resource management, as simply put - economics is the study of how the forces of supply and demand allocate scarce resources.
Talent Economics is an interdisciplinary viewpoint, which seeks to bring workforce analysis, management practice and strategy together.
The specific aim is to spark greater inquiry and understanding of -
1. The Macro talent realities of supply and demand within a country's labour force.
2. The Micro talent trends which help us understand how the 21st century employment relationship is changing.