How To Navigate a borderless workforce? The Human Age Marc Vandeleene PR & Communication Manager ManpowerGroup ABRA, ManpowerGroup | Sunday, February 21, Did you know?Connect over 500,000 people to meaningful work every day Nearly 4,000 offices across 82 countries around the world Over 10.5 million people trained Over 400,000 clients ranging from small/medium sized businesses to Global Fortune 100 companies Largest global vendor-neutral MSP provider The global leader in Recruitment Process Outsourcing The worlds largest IT professional resourcing firm The worlds largest outplacement firm Over 80% of revenues generated outside the U.S. Interviewed 12 million people in 2011 Over 30,000 employees Connected the potential of 4 million people to the ambition of business from the CEO level to the factory worker. ManpowerGroup | Sunday, February 21, Our vision We lead in the creation and delivery of services that enable our clients to win in the changing world of work ManpowerGroup | Sunday, February 21, 20164 How To Navigate the borderless workforce? The Human Age We are in The Human Age The Talent Mismatch The borderless workforce survey Conclusion ManpowerGroup | Sunday, February 21, THE QUESTION THAT FACES THE STRATEGIC DECISION MAKER IS NOT WHAT HIS ORGANIZATION SHOULD DO TOMORROW. IT IS, WHAT DO WE HAVE TO DO TODAY TO BE READY FOR AN UNCERTAIN TOMORROW? Peter Drucker 6 A Time of Risk and Uncertainty ManpowerGroup | Sunday, February 21, We are in the Human Age 8 In this new age it will be the power of human potential that drives companies and communities forward. Winning in the Human Age requires a new way of thinking about and approaching your workforce or your career. ManpowerGroup | Sunday, February 21, shifts of The Human Age Industrial/Information Ages Capitalism Access to capital the differentiator Driven by owners and companies Workers chasing companies Companies dictate terms Workers living near (of from) place of work Talent glut Unemployment from over-supply Technology the enslaver Closed borders Migration rare Job for life Corporate opacity ; secretiveness OECD countries growing and dominant Work for an organization Be lean and mean Size matters Hire power Command and control Industrial/Information Ages Capitalism Access to capital the differentiator Driven by owners and companies Workers chasing companies Companies dictate terms Workers living near (of from) place of work Talent glut Unemployment from over-supply Technology the enslaver Closed borders Migration rare Job for life Corporate opacity ; secretiveness OECD countries growing and dominant Work for an organization Be lean and mean Size matters Hire power Command and control The Human Age Talentism Access to talent the differentiator Driven by skilled individuals Companies chasing workers Employees dictate terms Workers living (or from) anywhere Talent shortage Unemployment from specific demand Technology the liberator Open borders Migration common place jobs by age 38 Corporate transparency ; openness, Non OECD countries growing and dominant Work with an organization Look out, not in Agility matters Hire passion Flexible frameworks The Human Age Talentism Access to talent the differentiator Driven by skilled individuals Companies chasing workers Employees dictate terms Workers living (or from) anywhere Talent shortage Unemployment from specific demand Technology the liberator Open borders Migration common place jobs by age 38 Corporate transparency ; openness, Non OECD countries growing and dominant Work with an organization Look out, not in Agility matters Hire passion Flexible frameworks ManpowerGroup | Sunday, February 21, This means you need to re-examine your assumptions about: Work Models People Practices Talent Sources Todays practices were created with out-dated assumptions so why are will still using them? What new practices will we need in order to attract, develop and retain the talent (employer branding)? How will you improve your talent supply? What talent strategies do I need to reach under- tapped and untapped talent pools? How do we manage the talent ecosystem to drive productivity? How do we manage a diverse and virtual workforce? How do we inject flexicurity into our workforce mix? ManpowerGroup Proprietary Information ManpowerGroup | Sunday, February 21, Talent Sources: Managing the Talent Ecosystem Permanent Employees Crowd Outsourced Talent Pools Contract Talent Pools Consultant Talent Pools Retired Talent ? Communities Contingent Talent Pools How To Navigate a borderless workforce? The Human Age We are in The Human Age The Talent Mismatch The borderless workforce survey Conclusion ManpowerGroup | Sunday, February 21, Demographics and the talent mismatch are increasing the pressure to find the right skills in the right place at the right time as working age populations decline, economies rebound, emerging markets rise, and the nature of work shifts 14 ManpowerGroup | Sunday, February 21, ManpowerGroup | Sunday, February 21, How to get a job? ManpowerGroup | Sunday, February 21, ManpowerGroup | Sunday, February 21, ManpowerGroup | Sunday, February 21, Youth unemployement is increasing The lost Generation? ManpowerGroup | Sunday, February 21, How to get a job? ManpowerGroup | Sunday, February 21, Do you have a Workforce Strategy Aligned to your Business Strategy? ManpowerGroup Proprietary Information ManpowerGroup | Sunday, February 21, Pilot shortages continue to plague Indias airline industry Financial Times BEWARE TALENT CRUNCH IN ELECTRONICS International Business Times PLUMBERS SLIP THROUGH THE CRACKS The Australian Employers urge migration cap caution, worry skills shortage could send UK jobs overseas Associated Press Talent Shortages Continue Despite Global Recession International Business Times SKILLED JOBS LOST IN RACE FOR A DEGREE Daily Mirror MINISTER LAMENTS SKILLS SHORTAGE Jakarta Post Firms Battle To Fill Roles Despite Jobless Jump Waikato Times NEW MANAGEMENT TALENT CRUNCH LOOMS Newsweek THE BATTLE FOR BRAINPOWER The Economist High Unemployment is due to skills mismatch Reliable Plant Construction holds key to rebuilding jobs market Financial Times Factory Jobs Return, but Employers Find Skills Shortage New York Times India: Desperately Seeking Talent Businessweek Gray Matters in Booming China Wall Street Journal China proves toughest frontier for Indias outsourcers Financial Times Search for a workable solution Financial Times Germany Suffers a Labor Shortage Wall Street Journal Childs play to nurture next generation of engineers Financial Times ManpowerGroup | Sunday, February 21, ManpowerGroupTalent shortage survey 2012 ManpowerGroup | Sunday, February 21, ManpowerGroup | Sunday, February 21, in 4 Belgian Employers Cant Find Talent ManpowerGroup Proprietary Information ManpowerGroup | Sunday, February 21, ManpowerGroup Talent Shortage Survey (2012) ManpowerGroup | Sunday, February 21, The Talent Mismatch ManpowerGroup | Sunday, February 21, ManpowerGroup Talent Shortage Survey (2012) ManpowerGroup Proprietary Information ManpowerGroup | Sunday, February 21, The war for Talent is global what about education in Europe? ManpowerGroup | Sunday, February 21, ManpowerGroupTalent shortage survey 2012 How To Navigate a borderless workforce? The Human Age We are in The Human Age The Talent Mismatch Borderless workforce survey Conclusion ManpowerGroup | Sunday, February 21, The workforce is set to become increasingly global and mobile. Employers need to develop attraction policies where talented individuals can mobilize for jobs. Businesses need to adopt a global and local approach to their workforce strategy 54% expects management to be more international in composition 39% expect managers to better represent the countries business 32% expect managers to travel more frequently among overseas offices More than 214 million people live outside their countries of birth (= 3% World Population) one of every 33 persons in the world is a migrant, and their number is growing at almost 3% annually number of mobile workers in the world will increase from 759 million in 2006 to 1 billion in or 30.4% of the global workforce. 75% of workers considered relocating for a better job opportunity 33% said theyd be willing to consider relocating anywhere in the world 40% said theyd consider moving permanently The borderless workforce ManpowerGroup | Sunday, February 21, Mobile Workforce: The global workforce is on the move as never before. Today migration is not an one way Talent goes where it is needed. Mismatch between developed and developing countries Global Talent Mismatch Mismatch between developed countries. (Migration not only South-to-North, 40% of worlds migrants move from one developed country to another.) Economic globalization creates human globalization (people are more exposed to foreign cultures and travelling, English is growing fast as a 2 nd language -> China English programme) Borderless workforce ManpowerGroup | Sunday, February 21, All kind of profiles blue and white-collar workers Skills Mix professionals and managers whose movements form a kind of internal labor market within multinational companies Duration short- and long-term assignments or commuting across borders Money and economic growth are significant drivers for those less skilled. Due to mismatch between qualification and job offer. Different faces of mobile workforce: Increasing trend: Reverse migration ManpowerGroup | Sunday, February 21, ManpowerGroup | Sunday, February 21, Belgium: 21% Employers are largely competing for the same skilled talent in the same region or talent corridor. If needed talent becomes scarce, recruiting efforts become more global. ManpowerGroup | Sunday, February 21, Top Job Categories Where Foreign Talent is Most Important to Meeting Skills Shortages and Popular Talent Sources ManpowerGroup | Sunday, February 21, Top Job Categories Where Foreign Talent is Most Important to Meeting Skills Shortages and Popular Talent Sources ManpowerGroup | Sunday, February 21, Top Job Categories Where Foreign Talent is Most Important to Meeting Skills Shortages and Popular Talent Sources Skilled trade IT specialists Multilingual/Admin. Medical Engineers Nurses Roumania France Poland Morocco Netherlands Czech Republic Spain United Kingdom - Belgium 12% 11% 10% 7% 6% 5% 3% 35% 11% 10% 5% 4% ManpowerGroup | Sunday, February 21, Expatriates Still Play a Key Role at the Management Level Belgium: 9% ManpowerGroup | Sunday, February 21, Belgium: no obstacles: 76% Understanding legal requirements: 11% Language barrier: 5% Cultural assimilation: - Obstacles to Recruiting Foreign Workers ManpowerGroup | Sunday, February 21, Belgium: 12% Concerns about the Outward Migration of Talent ManpowerGroup | Sunday, February 21, Belgium: 88% Are Government and Business Doing Enough to Slow Brain Drain? ManpowerGroup | Sunday, February 21, Countries Posing the Biggest Competitive Threat ManpowerGroup | Sunday, February 21, ManpowerGroup | Sunday, February 21, ManpowerGroup | Sunday, February 21, How To Navigate a borderless workforce? The Human Age We are in The Human Age The Talent Mismatch Borderless workforce survey Conclusion ManpowerGroup | Sunday, February 21, Working together to confront the talent crunch: Fresh Perspectives Teachable Fit: A New Approach for Easing the Talent Mismatch Confronting the Talent Crunch Employers Governments Labor Unions Academic Institutions Individuals Invest in training and development Redefine jobs and facilitate mobility within the organization Expand the recruiting pool Invest time in local schools and universities Adjust immigration policies to enable the flow of in-demand talent Invest in employee education and training Foster partnerships among all the stakeholders Continuously train members to keep skills up to date Encourage job rotations and cross- training Be more involved in the marketplace Participate in re-skilling partnerships Incorporate new curricula into standard course offerings Make a concerted effort to remain employable Understand your strengths Remain flexible Be alert to labor market trends and opportunities Be creative in transferring skills to new jobs and industries. ManpowerGroup | Sunday, February 21, What is needed is a holistic, far-sighted strategic approach. The process of forecasting and talent mobility planning will become an integral component of the business planning process as talent shortages worsen in the years ahead. ManpowerGroup Navigating the changing world of work. Employers have got to recognize that theyll be sourcing people from one part of the world and running their business in another part of the world. So their people have got to get much cleverer at understanding how the world interconnects. For global companies thats absolutely critical. Sir David Bell, Former Chairman of the Financial Times & Director of Pearsons Group ManpowerGroup CNBC Interviews Borderless workforce ManpowerGroup | Sunday, February 21, Borderless Talent Solutions Offerings: Global Sourcing Strategy Local Sourcing and Assessments Visa Advice Cross Border Relocation Support Cultural Assimilation and Language Proficiency ManpowerGroup | Sunday, February 21, What is needed is a holistic, far-sighted strategic approach. The process of forecasting and talent mobility planning will become an integral component of the business planning process as talent shortages worsen in the years ahead. Jeff Joerres, Chairman & CEO ManpowerGroup ManpowerGroup | Sunday, February 21, Subscribe to our news alerts!www;manpowergroup.com How To Navigate a borderless workforce? The Human Age Marc Vandeleene PR & Communication Manager ManpowerGroup ABRA,