ManpowerGroup Recommends New Skills and Training Strategy to Drive Regional
Economic Growth at World Economic Forum on Latin America
Education and Training Key to Leveraging Region's Vast Untapped Human
LIMA, Peru, April 24, 2013
LIMA, Peru, April 24, 2013 /PRNewswire/ --ManpowerGroup (NYSE: MAN), the
world leader in innovative workforce solutions and World Economic Forum (WEF)
strategic partner, today called for greater collaboration between business,
government and education to create and implement targeted, effective training
and development programs that will drive Latin America's future growth.
Monica Flores, Regional Managing Director, ManpowerGroup Latin America, leads
the company's delegation to the WEF LATAM in Lima, Peru, titled, "Delivering
Growth, Strengthening Societies." Flores, who was named Distinguished Woman of
the Year by the Mexican Senate in 2011, will today lead discussions at a
session, "Education for Employment," addressing how education and training can
better equip people in the region for skilled and productive employment.
"Educational institutions alone do not have the knowledge, reach or resources
to overcome skills mismatches, unlock Latin America's vast human potential and
develop the region's talent pipeline," said Flores. "To succeed long-term,
Latin American employers and educational institutions need to work together
more closely to develop programs that effectively train and upskill the
regional talent pool. Targeted government funding needs to support and
incentivize those programs that are closely aligned with current and future
business needs, and focus on specific outcomes to simultaneously tackle
unemployment and address talent shortages."
Improved collaboration between business and educational institutions on
"post-crisis" curricula and targeted skills development is a key
recommendation from WEF's B20 Task Force on Employment in 2012, co-chaired by
Jeffrey A. Joerres, ManpowerGroup Chairman and CEO. The Task Force developed
five global scalable priorities for boosting and sustaining employment
worldwide and also included recommendations to scale the number, quality and
image of internships and apprenticeships for young people making the
school-to-work transition as well as experienced workers transitioning
ManpowerGroup's 2012 Talent Shortage Survey found that employers in the
Americas report greater levels of difficulty filling jobs than the global
average — with 71% of employers in Brazil struggling with this issue. Despite
these endemic talent shortages, women remain a severely under-leveraged
resource in Latin America, in addition to addressing required skillsets in the
region, today's WEF LATAM session will consider the crucial role of women in
the region's development.
"Research shows that companies with a high percentage of women fare better
than competitors. To tap into this vital talent pool, businesses should act
now to update their outdated people practices and work models to offer women
the flexibility they need to achieve their potential," added Flores.
Flores' fellow panellists include Lucy Molinar, Minister of Education of
Panama; Carlos Rodriguez-Pastor, Chairman, Intercorp; Susan L. Segal,
President and CEO, Council of the Americas; Elizabeth Tinoco, Assistant
Director-General and Regional Director, Latin America and the Caribbean,
International Labor Organization; and Janet Longmore, Founder and CEO, Digital
Opportunity Trust. The panel will be moderated by Borge Brende, Managing
Director and Member of the Managing Board, World Economic Forum.
ManpowerGroup™ (NYSE: MAN) is the world leader in innovative workforce
solutions that ensure the talent sustainability of the world's workforce for
the good of companies, communities, countries, and individuals themselves.
Specializing in solutions that help organizations achieve business agility and
workforce flexibility, ManpowerGroup leverages its 65 years of world of work
expertise to create the work models, design the people practices and access
the talent sources its clients need for the future. From staffing,
recruitment, workforce consulting, outsourcing and career management to
assessment, training and development, ManpowerGroup delivers the talent to
drive the innovation and productivity of organizations in a world where
talentism is the dominant economic system. Every day, ManpowerGroup connects
more than 630,000 people to work and builds their experience and employability
through its relationships with 400,000 clients across 80 countries and
territories. ManpowerGroup's suite of solutions is offered through
ManpowerGroup™ Solutions, Manpower®, Experis™ and Right Management®.
ManpowerGroup was named one of the World's Most Ethical Companies for the
third consecutive year in 2013, confirming our position as the most trusted
brand in the industry. See how ManpowerGroup makes powering the world of work
humanly possible at www.manpowergroup.com. Follow ManpowerGroup Chairman and
CEO Jeff Joerres on Twitter: Twitter.com/manpowergroupjj
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