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Solutions for Business, Culture and Religion in Eastern Europe and Beyond - The 2016 Griffiths School of Management Annual Conference on Business, Entrepreneurship and Ethics (GSMAC) (Hardcover, 1st ed. 2018)
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Solutions for Business, Culture and Religion in Eastern Europe and Beyond - The 2016 Griffiths School of Management Annual Conference on Business, Entrepreneurship and Ethics (GSMAC) (Hardcover, 1st ed. 2018)
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This book explores the increased necessity of organizations to
encourage human talent in the globalized economy, with particular
emphasis on the impact in Eastern Europe. Featuring contributions
presented at the 7th Annual Griffiths School of Management
International Conference on Business and Ethics (GSMAC) organized
by Emanuel University of Oradea, this book presents in-depth
analysis of the economic, social and religious implications of the
transition from low cost of labor to increased human talent in
Eastern Europe and offers multiple theoretical and practical
solutions. In 2004, Klaus Schwab, president and founder of the
World Economic Forum, stated that the old era of capitalism and
socialism is being replaced by a new era of "talentalism". The true
competitive advantage of organizations and nations is increasingly
becoming human talent, defined as the ability to "have new ideas
that have value". Nations and organizations are exploring ways to
reform their education systems and organizational structures in
order to train, foster and encourage human talent. In Eastern
Europe since the fall of communism in 1989, the competitive
advantage of the region has been low cost of labor. However, since
the integration within the European Union, millions of Eastern
Europeans have left their home countries rendering the "low-wage
competitive advantage" almost obsolete. In addition, the migration
of able-working individuals has left behind mainly children and
pensioners, placing a disproportionately heavy burden upon public
and government services. It is within this context that the
contents of this book explore the impact of the increased need of
high human talent on Eastern European countries. Featuring
contributions around topics such as poverty, healthcare management,
cross-border cooperation, education systems, and religious
influence on economic development, this book will be of interest of
scholars, researchers, students and policy-makers interested in the
business development and economic growth of Eastern Europe.
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