Reverse brain drain to rule global trends in coming yrs: Study

New Delhi, Apr 13 (PTI) One of the top mega trends that
will influence and shape the world in the coming years would
be reverse brain drain, with a steady flow of foreign
nationals and migrants returning back home to fill vacancies
for the senior level positions, says a study.
According to a new report by Frost and Sullivan one of
the top global mega trends the world will witness reverse
brain drain, wherein the vast vacancies for CXOs in countries
like India will be filled not only by returning Indians, but
also by Americans and Europeans seeking better prospects.
There will be as many as two million BPO- KPO jobs for
foreign nationals from China, Poland, Philippines, besides,
salary given by the BRIC nations would be at par with
developed countries (in terms of purchasing power) and even
more benefits.
The objective of the report titled -- World's Top Global
Mega Trends to 2020 and Implications to Business, Society and
Cultures -- was to provide companies with special reports to
focus on the evolution of these global trends to help them
drive growth and innovation in a rapidly changing environment.
"Frost & Sullivan defines Mega Trends as global,
sustained and macroeconomic forces of development that impact
business, economy, cultures, careers and personal lives,
thereby defining our future world and its increasing pace of
change," Frost & Sullivan Partner, Sarwant Singh said.
Besides, reverse brain drain, some of the other top mega
trends include urbanisation as there will be emergence of 30
Mega-cities, 15 mega-regions and at least 10 mega-corridors
with over 20 million people by 2020 forcing organisations to
re-think their "Urban" business model.
Second most striking trend would be e-Mobility. There
would be over 40 million electric vehicles, including electric
pedal cycles, scooters, four-wheelers and buses will be sold
annually around the globe in 2020.
The next level of social networking will focus on
geographic services and capabilities such as geocoding and
geotagging to enable additional social dynamics. This type of
geo-networking will drive markets, businesses and individuals
to interact, advertise and promote in real time.
Another trend identified by Frost & Sullivan is
Innovating to Zero, which means a world of zero emissions,
zero accidents, zero fatalities, zero defects, zero breaches
of security and carbon-neutral factories.
Interestingly, women empowerment will reach new heights,
with one in three workers being a woman and up to 40 per cent
of boardrooms in some nations comprising women by 2020, the
report said.