>>reporter: they are calling it the talent corporation. and though its task is far from simple, its mandate is clear: to find ways to boost the pool of skilled workers to help malaysia become a fully-developed country by 2020. >>razak: there is broad agreement that malaysia must look at all sources of talent including malaysians, our malaysian diaspora and foreigners, both in malaysia and abroad. in undertaking an economic transformation, malaysia must build both world class companies and world class talent." >>reporter: as malaysia has begun placing greater emphasis on developing its services sector, the talent shortfall has been laid bare. and it's a clear impediment to private investment -- both foreign and domestic. >>bardan: of course it is very much a concern of the malaysian employers' federation because there are many complaints by our members that they don't get the right talent to man their human resource requirements. >>reporter: an estimated 700-thousand malaysians, almost all of them skilled, are currently working abroad. theb

>>reporter: they are calling it the talent corporation.its task is far from simple, its mandate is clear: to find ways to boost the pool of skilled workers to help malaysia become a fully-developed country by 2020. >>razak: there is broad agreement that malaysia must look at all sources of talent including malaysians, our malaysian diaspora and foreigners, both in malaysia and abroad. in undertaking an economic transformation, malaysia must build both world class companies and world class talent." >>reporter: as malaysia has begun placing greater emphasisrvices sector, the talent shortfall has been laid bare. and it's a clear impediment to private investment -- both foreign and domestic. >>bardan: of course it is very much a concern of the malaysian employers' federation because there are many complaints by our members that they don't get the right talent to man their human resource requirements. >>reporter: an estimated 700-thousand malaysians, almost all of them skilled, are currently working abroad. thebulk is just next door in singapor

the plea that i would have is that you use your talents and corporate power and wealth and the things that you have created and done to actually help the people in this room reverse and dismantle the system that has failed to work and to help us create the clout to build the new system that is necessary as opposed to trying to save this system that is beyond salvation. >> you know, great point. part of what we go through is how do you better understand the consumer today? and i think everyone up here, there is not -- single consumer. the demographics spread in terms of how you connect with different age groups. it might be much more complex today than ever before. focusing in on that customer and while we typically do not think of a student as being a customer, they are. and how do we connect with them? do we bring them into a classroom and use the black board and some form of electronics that they are accustomed too? -- to? do i have some sort of black board or mobile device that i communicate with all of my friends? why can't we use that in the classroom and we think through all of

corporate recruiters. the social hour is a rare chance to make a decisive impression. it also helps company recruiters locate and hire talent. >> my strong points? one is my language ability. i can speak chinese, english, malay and japanese. the second is i like the challenge. >> i've been in japan for nine years. so i know japanese culture well. i have been educated to be a global person, i believe to be. i think that would be my strong point. >> reporter: recently, 30,000 businesses in japan were surveyed about who they would hire during the next fiscal year. they show the number of companies planning to import at least one nonjapanese graduate doubled from last year to 21.7%. there's more international students choosing to study at japanese schools. the tight job market for new graduates is expected to get even more crowded. >>> changing times. all right. here's the latest market figures. >>> many residents of indian cities need to take a break from the pace and hustle and bustle economy. many choose to take holiday at places that allow them to experience the simplicity of rural live and revitalized family relationships.

a lot of the tile that there is, -- a lot of the talent that there is, culturally, socially, it gravitates to london. almost every big corporation would feel the need to have its headquarters in london. the civil service is in london. the legislature is in london. we are not a very big country and we are hugely centralized country. for the better part of a century, labor of the government to try to devolve talent across the regions. but you're kind of kicking against gravity all the time. >> for years, the bbc world service which can be heard all across the united states was headed by the office here in great britain. i understand that it is supposed to be funded by the bbc itself. is that true? what impact will that have? >> i remember when the world service was funded by the bbc and then it was decided that it would be funded by the foreign office instead. by the government of the day. everyone thought this would be a disaster for the world service. it with his become an arm of british foreign policy and they would starve it of money and try to direct its operation. that did not happen. it has prospered under the wing of the f

talent. >> putting money in the right places is the biggest challenge and you have taken a sort of -- you've copied the corporate culture a little bit in creating a new organization to make sure the dollars are properly allocated. tell us about that. >> student first is the new organization. and what we are trying to do is make sure we're focusing in on kids, first and foremost. if you look right now in public education, we have more than doubled the amount of money that we spend per child in education over the last three decades in america. but our results actually haven't gotten any better. and so -- >> you actually wrote, i think this is important to repeat, that this will be the first generation that is not better educated than the preceding one. >> that's right. the children in school today will be less educated than their parents were. the first time that's happened in american society. >> education has always been a local issue. it is one of the -- for a lot of reasons, historical and political, there has not been a national effort to raise standards. no child left behind was step one perhaps and race to

talented man. he has received lucrative offers to go to work for corporate law firms outside of the united states where his citizenship statistic will not be an issue but his dream to is stay in the united states and still enlist in the military as a member of the judge advocate general corps. without the dream act cesar vargas has no comans to enlist in the united states military and serve our nailings. this is david cho. david's parents brought him here from south korea ten years ago when he was nine years old. since thence a been a model american, 3.9 g.p.a. in high school. nigh now a senior at ucla where he is majoring with international finance with a g.p.a. of 3.6. he is the leader of the ucla marching band. might see him on television at half time. david wants to serve in the air force. if the dream act doesn't pass, he won't get that chafnlts here's another great story. oscar vasquez. he was brought to phoenix by his parents when he was a child. spent his high school years in junior rotc. dreamed of enlisting in the military. nears his uniform. tend of his junior year, the recruiting officer to