According to a Randstad report, human resource leaders are investing heavily in Talent Analytics.
Nearshoring is key for getting closer target markets. AmCham bets that El Salavador is a good country for that.
With a high mobile penetration in South Africa, telecom operators need to focus on improving mobile experience through enhanced network reliability to gain and retain customers.
K2 Partering Solutions is looking for expansion in LatAm and the acquisition is directed to that goal.
Ally-Shoring is the process which a country rethink critical supply chains and source essential materials, goods, and services among trusted democratic partners.
The US-Mexico Foundation is promoting the Ally-Shoring between the United States and Mexico to strengthen and deepen joint manufacturing, R&D, trade, security, and governance ties
According to the binational organization, ally-shoring can boost both countries and make them more competitive. The foundation highlighted four areas for the cooperation between Mexico and the United States:
- COVID-19 pandemic containment and treatment
- Critical supply chain rework, with a focus on transformational export and emerging sectors
- Smart border infrastructure, trade facilitation, and data-driven supply chain management and security systems
- Rule of Law Enhancement: US-Mexico institution-building and trust strengthening
From walls to bridges
New Biden administration is refocusing the foreign policy of the United States, working in its International engagement.
As the US and Mexico have shared interests in enhancing cross-border economic development, the relationship is the best example of Ally-shoring. The United States-Mexico-Canada Agreement provides a stronger trading framework between both countries and can help them to reduce the dependence of any particular country.
From China to Mexico
In 2020, Mexico received 31,000 million dollars in foreign direct investment, however, the willingness of States to decouple their production chain from the Chinese supply represents an opportunity to double the amount of investment that it can receive each year due to the trend called allied underpinning.
In an interview with Forbes Mexico, Enrique Perret, an internationalist expert in the Mexico-United States relationship and director of the US-Mexico Foundation, explains that the decision of the United States to reduce dependence on Asian suppliers is related to the risk of exposure unreliable or non-intellectual property products.
He points out that, in the face of paralysis generated by the pandemic, many industries have seen the arrival of critical components reduced, which evidenced opaque and fragile supply chains in industries such as biotechnology.
“The search process for the supply chains to be more integrated with Latin America has accelerated. A few years ago there was talk of off-shoring, which was the search for the installation of some production processes in locations that were competitive. from near-shoring, which meant doing the same thing but in nearby countries, then re-shoring came, which was going back to the process. In the case of ally-shoring, it is about relocating these processes in countries that coincide in fundamental aspects, that is why the opportunity is so great for Mexico ”, he details.
Trends in the US-Mexico trading
Mexico sends 80% of its exports to the US market and, for every dollar, Mexican exports contain 40 cents in US components.
In the automotive, aerospace, defense, telecom, medical device, driver, and chip industries, the opportunity for Mexico is vast in the face of the ally-shoring trend; also, it has the T-MEC as a factor in favor.
“We might think that today we have a 4-year window, but it is only the beginning, there is a longer window because the technological race will last a couple of decades and Mexico not only has proximity, but also a commercial agreement that sets clear rules in labor matters, compliance. Mexico has great advantages, a young workforce, a productive manufacturing base, and a lot of experience in key sectors ”, he affirms.
For taking advantage of this opportunity, Mexico needs to behave like a commercial ally.
“For companies, there are factors that weight making investment decisions, such as access to cheap and clean energy, logistics access, export regulation. We have everything to take advantage of this moment ”Enrique Perret.
Women were particularly affected by the pandemic. According to the ILO, 13 million of them lost their jobs in Latin America, bringing the female unemployment rate to levels similar to 15 years ago.
According to the 2021 Salary Guide, carried out by the recruitment company for managerial and executive positions Michael Page, the search for talent with digital and technological skills has increased 20% since the pandemic hit.
Remote Desktop Software helps organizations to adopt remote work. In Latin America, Mexico and Brazil are leading the trend.
What are your favorite video games? This question could become common in job interviews. According to a study carried out by the human resources consultancy ManpowerGroup, video games help develop skills that can be transferred to the work environment.
Today, many industries are struggling to survive. However, this is not the case for video games, which saw a sales increase of 37% during 2020 according to a market study by The NPD Group. For the specialists at ManpowerGroup, gamers have been doing everything, except wasting time. With their addiction to video games, they may be developing soft skills necessary for the workplace and that is sometimes difficult to find.
In today’s work environment, employers must evaluate skills differently and creatively to attract new sources of talent.
Tomas Chamorro-Premuzic, Chief Talent Scientist, ManpowerGroup
Gamers upgrade their soft skills
Soft skills are becoming more valuable in a work environment where tasks are increasingly automated. According to the ManpowerGroup study, gamers bring critical thinking, creativity, emotional intelligence, and complex problem solving to companies.
With this in mind, ManpowerGroup analyzed more than 11 thousand video games of different genres, such as action, adventure, role-playing games, music, and indie to identify the social skills linked to each of them.
A position such as a warehouse packer, for example, requires skills such as critical thinking, spatial awareness, and problem-solving, which are developed in video games such as Call of Duty or Fortnite, according to the results obtained by the consulting firm of Human Resources.
Your abilities according to your favorite video games
Strategy, Puzzle, and Quiz
Strategy or puzzle games help develop critical thinking, creativity, problem-solving, and spatial perception. Titles like SpaceCraft, Civilization, Pac-Man, Words with Friends of League of Legends is at its heart planning and concentration. These games enhance the ability to make inferences.
These skills match what is sought in jobs such as production and machinery operators, warehouse and construction workers, or quality control technicians.
Action, adventure, and role play
Action games are becoming more and more social and titles like World of Warcraft, Assasin’s Creed, Monster Hunter, or Pokémon promote collaboration and communication, as well as problem-solving and decision making.
Those who prefer these types of games can be well suited for positions such as Administrative Assistant, Financial Analyst, or Customer Service Manager.
Open world games improve visuospatial skills and promote creativity. Titles like Minecraft, Legend of Zelda, or The Elder Scrolls improve coordination and social perception. Electrical engineers, graphic designers, chefs, or cooks can be the best positions for these gamers.
Team-playing, Sports and Racing
Some video games help people to give more effective feedback and this is present in titles like Call of Duty, FIFA, Rocket League, or Mario Kart. When people play as a team, they also develop planning, tactical, collaboration, and communication skills.
Positions such as call center leaders or representatives, warehouse packers, or healthcare providers may be the best job matches for these positions.
Indie and Music
Practice and perseverance pay off and this fact is well known by players of titles like Mario Party, Just Dance, Guitar Hero, or Rock Band. These games promote active learning and improve coordination.
Some positions that match these profiles are digital manufacturing specialists, healthcare providers, and sales representatives.
Test to assess video game skills
To better identify the skills developed by gamers, ManpowerGroup created a test for candidates to enter their gaming preferences and how much time they spend playing. This tool translates data into job skills that can be added to resumes and featured in job interviews.
With this tool, recruiters can more easily identify the most promising talents who can offer the most to an organization.
Most people prefer not talking about mental disorders due to the stigma and prejudices around the topic. Companies need to change this for success.