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Manpower: Think long term about talent

September 27, 2010

Companies must create a long-term workforce strategy that aligns with their business strategy, or they will struggle to find the talent they need to grow, according to a report by Manpower Inc. (NYSE: MAN).

"In the current economic environment, employers are thinking short term about talent needs, but if businesses don't change this mindset, external forces in the rapidly-changing world of work will leave them talent-poor - an excellent business strategy is no use if you do not have the talent to execute it," said Manpower Chairman and CEO Jeff Joerres.

"Just as it would be unthinkable for a chief financial officer to focus on the short-term instead of implementing a five- to 10-year debt-to-capital plan, human resources requires a five- to 10-year talent plan," Joerres said. "The ability to have the talent plan reflect where the talent is coming from, and which talent should be owned long-term versus which talent should be owned short-term, leads to a robust workforce strategy."

To view Manpower's report, click here.