Why global capability centers matter
90%
of CEOs globally report talent scarcity and a lack of relevant skills for the future of work in the top five global challenges affecting their business
65%
of executives say hiring and retaining data professionals is difficult – but new skills are needed
71%
of organizations are making moderate to significant investments to develop capability centers in the next 12 months
What you need to do
Accessing the right skilled workers, continuously training them to meet the demands of changing work, and building a culture that retains the skills needed to transform the business is key.
56%
of highly skilled workers would prefer multinational companies as employers for the next three years. This is even more the case with younger generations.
The largest growth area in global capability centers is in research and development. Other growing areas include engineering, technology innovation, product design and development, marketing, supply chain and transformation.
75+%
of the global capability centers opened since 2021 focus on research and development (R&D).
In determining where to establish the global capability centers, think about where you will be able to access the necessary talent.
62%
of the world’s highly skilled workers live in Asia Pacific, Africa and Latin America. This percentage is estimated to grow to 67% by 2030.
Carefully consider which technical capabilities must be developed to support each business objective and the reinvention journey overall. Commit to continuous investment in technology.
Many companies are trapped in functional silos. Global capability centers often work cross-functionally, integrating data, technology and business processes. Their multi-disciplinary agility unlocks powerful business outcomes.
To establish global capability centers, organizations can benefit from using a third-party provider or external partners. Providers have the experience and access to skilled talent.
80%
of organizations are planning to use a third-party provider or to collaborate with external partners in the next 12 months to establish their centers
