Still an achievement to forget! This time to say it is a Swiss organization, it is theInternational Institute for Management Development, IMD for short.
IMD, born in 1990 from the union of two Swiss institutes, is a private institution that deals with economic and managerial studies and offers products of the highest level (MBA and Executive MBA). For several years now it has published some annual reports focused on economic development and competitiveness, from different points of view.
The main rankings are three:
- World Competitiveness Ranking, which clearly shows that small countries, well managed, are more competitive than large countries. In first position Singapore, followed by Denmark, Switzerland, the Netherlands and Hong Kong. The United States of America occupies the tenth position, while China is twentieth and Russia fiftieth. Italy in this ranking is forty-fourth out of 63 states, preceded by India and followed by the Philippines.
- World Talent Ranking, for this ranking three key factors are measured: "Investment and Development" which measures the resources used to grow the internal workforce, "Appeal", which measures the attraction exercised by a country towards local and foreign talent, " Readiness "which measures the quality of skills and competences available in a country. In this ranking, the first position is firmly held by Switzerland, followed in order by Denmark, Luxembourg, Iceland and Sweden, the United States of America is fifteenth, China XNUMXth and Russia XNUMXth. Italy is XNUMXth, preceded by Poland and followed by Greece.
- World Digital Competitiveness RankingFor this ranking, which is ultimately the one that interests us most, 52 criteria are analyzed, from which three main factors can be calculated: "Knowledge", "Technology", "Future Readiness", used to draw up the final ranking. In this ranking we find the United States of America in first position, for the third consecutive year. Singapore occupies the second position, Denmark, Sweden and Hong Kong are third, fourth and fifth respectively. China occupies the sixteenth position while Russia is only forty-third. Italy ranks forty-second, before Russia and after Chile.
Let's go into the merits of this last ranking. From reading the study it is possible to note that the USA is in first position mainly due to the "Knowledge" and "Future Readiness" factors, in particular the scientific concentration, the use of robots in the education and research sector, the availability of capital and the adaptive attitude of businesses and the workforce.
In the last five years, Italy has gone from thirty-sixth position to forty-second, recording the lowest scores in the sector "Training & Education" (58th place) and "Capital" (54th place).
Particularly worrying, in my opinion, are some values of the "Talent" factor, in particular the inability to attract highly skilled personnel from abroad and the little international experience Anchor me low level of digital skills (51st), not to mention 60th place in training of employees.
The impression I got from reading the report is that of a blocked country, old, unable to react, in which investments and digital capabilities are lacking. I hope I'm wrong!
To learn more:
- World Competitiveness Ranking 2020 (imd.org)
- IMD business school for management and leadership courses
