Workforce transformation is essential to the success of national agendas in the GCC – AMEinfo

Workforce transformation is essential to the success of national agendas in the GCC – AMEinfo

A holistic approach can help promote private sector employment amongst citizens in the GCC and rebalance the workforce between the public and private sectors, according to a new Oliver Wyman report.

Titled, 'Is Money All That Matters: The Three Lenses of Value to Drive a Workforce Transformation', the report indicates that a nation's human-capital policies must account for extrinsic, intrinsic, and cultural factors to drive successful national-scale transformation, and recommends a holistic five-step framework to achieve this. The framework is designed to address labor market barriers and allow GCC countries to attract talent from the national pool towards the private sector or plug employment gaps.