MANPOWER INC EMPLOYMENT INDUSTRY

Manpower Inc Employment Industry



Executive Summary

Manpower Inc., a world leader in the employment services industry and a strategic partner of the Annual Meeting of the World Economic Forum, today announced four World of Work Mega Trends that are transforming where, when, why and how individuals and companies work.

"In recent weeks, the status and significance of the rapidly expanding temporary workforce has been widely discussed - and woefully misunderstood," said Jeff Joerres, Manpower Inc. Chairman and CEO. "Companies will increasingly look to temporary workers to gain the flexibility and agility required to appropriately and strategically adjust to consumer demand. At the same time, individuals are increasingly exercising more choice when it comes to pursuing employment that meets their expectations and taps their motivations."

Manpower Inc. has identified four trends that should be top concerns for business leaders around the globe when planning their workforce management strategy throughout the recovery. They are:

* The Talent Mismatch is deepening as the working age population declines and the nature of work changes. These significant shifts in talent supply are transforming the global labor market.

* Individual Choice will be exercised by those with the skills that are most in demand, requiring companies to think differently about how jobs are defined and how they will attract and retain scarce talent.

* Rising Customer Sophistication requires businesses to work in a new way, driven by innovation and delivering greater value and efficiency.

* Technological Revolutions have the power to change where, when and how we work, enabling organizations to be more agile and innovative - if they know how to leverage it.

Business leaders around the world will need to ask themselves what the trends mean for their organizations and what they will do to respond to them, according to Manpower research. Organizations need to carefully consider their people practices, a critical element to navigating the changing world of work.

Manpower Inc Employment Industry

Introduction

No organization can exist in a vacuum; each is set in a particular country and region to which it is inextricably linked. This setting provides multiple contexts that influence how the organization operates and how and what it produces. Thus, the concept of "external environment" is an important consideration for IDRC as it attempts to understand the research institutions it supports. An analysis of the external environment is an attempt to understand the forces outside organizational boundaries that are helping to shape the organization.

Forces outside the institution's walls clearly have considerable bearing on that which transpires within. The external environment can provide both facilitating and inhibiting influences on organizational performance. Multiple influences in the immediate or proximal environment form the boundaries within which an organization is able to function; these influences likewise shape how the organization defines itself and how it articulates what is good and appropriate to achieve.

Key dimensions of the environment that bear on the institution include the administrative/legal, technological, political, economic, and social and cultural contexts, the demands and needs of external clients and stakeholders, and relations with other pertinent ...