ManpowerGroup: Create Environments that Develop Women Leaders
Women Remain Under-represented in Leadership Roles Despite Chronic Talent
DAVOS, Switzerland, Jan. 25, 2013
DAVOS, Switzerland, Jan. 25, 2013 /PRNewswire/ -- ManpowerGroup (NYSE: MAN),
the world leader in innovative workforce solutions and World Economic Forum
(WEF) strategic partner, advises companies to embrace greater flexibility in
order to empower women leaders in an era of unpredictability that demands new
approaches to doing business.
ManpowerGroup's 2012 Talent Shortage Survey found that, globally, management
and executive roles are among the most difficult to fill. Despite this, Grant
Thornton's 2012 International Business Report revealed that barely one in five
senior management positions globally is held by women. In her opening plenary
remarks at the WEF Annual Meeting, International Monetary Fund Managing
Director Christine Lagarde urged the business world to focus on inclusive
growth. She said: "The evidence is clear; when women do better, economies do
better. Seventy percent of all consumption decisions in the world are made by
"The world simply cannot afford such a poor representation of half the talent
pool when filling key leadership positions is posing such a global challenge.
Growing the pipeline of women in management roles is critical to having the
talent businesses need to win," said Mara Swan, ManpowerGroup Executive Vice
President, Global Strategy and Talent. "Companies should revisit old-fashioned
work models and people practices so that high-performing women are not
prevented from rising to leadership positions."
Swan, who yesterday participated in a meeting of the Women Leaders Advisory
Board at the WEF Annual Meeting, was recently named a member of the WEF Global
Agenda Council on Leadership and was honored as HR Executive of the Year for
2012 by Human Resource Executive magazine.
As world economic growth continues to shift considerably South and East and
demographic shifts accelerate, emerging markets in particular need to devote
more resources to developing women for leadership roles. For example, the 2012
International Business Report revealed that India has among the fewest women
in senior management positions (14%), yet ManpowerGroup's Talent Shortage
Survey found that nearly half of Indian businesses are impacted by talent
ManpowerGroup's new insights paper, "Leading in the Human Age," details steps
businesses can take in order to formulate strategies for responding to
unpredictable situations in this era of "certain uncertainty". In an age where
talentism has become the dominant economic system, a company's strategies,
processes and solutions must start with its people.
ManpowerGroup™ (NYSE: MAN), the world leader in innovative workforce
solutions, creates and delivers high-impact solutions that enable our clients
to achieve their business goals and enhance their competitiveness. With over
60 years of experience, our $22 billion company creates unique time to value
through a comprehensive suite of innovative solutions that help clients win in
the Human Age. These solutions cover an entire range of talent-driven needs
from recruitment and assessment, training and development, and career
management, to outsourcing and workforce consulting. ManpowerGroup maintains
the world's largest and industry-leading network of 3,600 offices in 80
countries and territories, generating a dynamic mix of an unmatched global
footprint with valuable insight and local expertise to meet the needs of its
400,000 clients per year, across all industry sectors, small and medium-sized
enterprises, local, multinational and global companies. By connecting our deep
understanding of human potential to the ambitions of clients, ManpowerGroup
helps the organizations and individuals we serve achieve more than they
imagined – because their success leads to our success. And by creating these
powerful connections, we create power that drives organizations forward,
accelerates personal success and builds more sustainable communities. We help
power the world of work. The ManpowerGroup suite of solutions is offered
through ManpowerGroup™ Solutions, Manpower®, Experis™ and Right Management®.
Learn more about how ManpowerGroup can help you win in the Human Age at
ManpowerGroup is the most trusted brand in the industry, and was once again
the only company in our industry to be named to the Ethisphere Institute's
2012 World's Most Ethical Companies list for our proven commitment to ethical
business practices, including an outstanding commitment to ethical leadership,
compliance practices and corporate social responsibility.
In January 2011, at the World Economic Forum Annual Meeting in Davos,
Switzerland, ManpowerGroup announced the world has entered the Human Age,
where talent has replaced capital as the key competitive differentiator. This
concept of talentism as the new capitalism continues to resonate and was
echoed as a core theme of the 2012 Annual Meeting of the World Economic Forum
in Davos. Learn more at www.manpowergroup.com/humanage
Gain access to ManpowerGroup's extensive thought leadership papers, annual
Talent Shortage surveys and the Manpower Employment Outlook Survey, one of the
most trusted indices of employment activity in the world, via the
ManpowerGroup World of Work Insight iPad application. This thought leadership
app explores the challenges faced by employers navigating the changing world
of work and provides in-depth commentary, analysis, insight and advice on
strategies for success.
Follow ManpowerGroup Chairman and CEO Jeff Joerres on Twitter:
twitter.com/manpowergroupjj. Joerres is one of only 20 Fortune 500 CEOs who
leverages a Twitter account to get his message out.
Contact: DAVOS, Britt Zarling, +1-414-526-3107,
Britt.email@example.com, or MILWAUKEE, Mark Jelfs, + 1-414-906-6675,
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