ManpowerGroup: Unleashing Potential of People Key to Companies' Success and Economic Prosperity
ManpowerGroup: Unleashing Potential of People Key to Companies' Success and Economic Prosperity in the Human Age
ManpowerGroup to Convene Thought Leaders on How to Navigate Challenging and Complex Economic Environment at The Economist's "Ideas Economy: Human Potential" Event
ManpowerGroup (NYSE: MAN), the world leader in innovative workforce solutions, will host a panel discussion at The Economist's "Ideas Economy: Human Potential" event next week, titled "Epic Shifts in the Human Age," focusing on how business and work models must be redesigned, value propositions and people practices redefined, and social systems reinvented so that leaders can unleash the potential of their people.
The thought-provoking panel discussion will be held at the Times Center, New York City and is sponsored by Right Management, the global leader in talent and career management workforce solutions within ManpowerGroup. Panelists, and thought leaders in their own right, include:
Rich Floersch, Executive Vice President and Chief Human Resource Officer, McDonald's
Lynda Gratton, Professor of Management Practice at London Business School
Gerry Crispin, Founder and Principal of CareerXroads
Mara Swan, Executive Vice President, Global Strategy and Talent, ManpowerGroup
Moderating the discussion, which promises to reveal intriguing insights from various industry, business and academic perspectives, will be James Rubin, who has covered recruitment and employment issues for more than a decade and is a regular contributor to the Economist Intelligence Unit.
"Understanding how to unleash this spirit, enthusiasm and potential is not a one-size-fits-all strategy and will require employers to interact with their people on a human level," said Swan. "Companies will need to update their work models and people practices because the old ways of doing things no longer apply, and with skilled talent at a premium, must align their talent strategy closely with their business strategy. They should also become more agile in terms of attracting, retaining and developing employees, with the motivations and inspirations of individuals becoming increasingly important."
The Human Age is the culmination of several factors, including the continuing need for companies to do more with less as they are reluctant to shed financial flexibility following the global recession. Shifting demographics also mean rapidly aging populations in many developed markets and a lack of skilled people in emerging markets to keep up with economic growth. In addition, advancements in technology allow work to be performed anywhere at any time, individuals with in-demand skills have the ability to be more selective about where they work and rising customer sophistication necessitates a greater emphasis on innovation, delivery of greater value and efficiency.
Despite the many challenges associated with new world era, where employers' need for productivity and efficiency means they are seeking candidates with a greater specificity of skills — both technical and "soft" skills — to function effectively in a volatile global market, companies who invest in talent for the long term will have the ability to unleash the potential of their people and drive economic growth.
"This new reality requires a new mindset: new recruiting and development strategies to nurture talented individuals, an environment where creativity and collaboration can flourish, and increased transparency that allows the workforce to feel more in tune with the company to understand how they are contributing to the successful execution of its strategy," added Swan. "Unleashing the potential of individuals and having a robust workforce strategy that takes into account external factors as well as internal demand will help employers make sense of this new reality."
The "Ideas Economy: Human Potential" Event brings together business leaders, policymakers and academics to discuss the forces at work in the world, their implications for the global economy, the increasingly competitive war for talents and the new opportunities that this volatility and complexity presents for savvy organizations and individuals alike.