MILWAUKEE, April 4, 2024 /PRNewswire/ -- More
than eight out of ten (81%) business leaders believe advances in
artificial intelligence (AI) will require new skills and new ways
of getting work done, according to new research from the World
Employment Confederation (WEC), of which ManpowerGroup is a
member. Yet, despite this awareness, 78% are concerned that they
cannot train employees fast enough to keep pace with technology
developments in the next three years.
"It is clear that advances in AI have the
potential to transform the workplace at an unprecedented pace."
-Jonas Prising
The findings are part of "The Work We Want," a global initiative
commissioned by WEC. The first installment of this new
international research, "Agile Talent in the Age of
AI," details how generative AI will radically reshape
workforces, requiring new soft and technical skills to realize the
potential technology offers.
"It is clear that advances in AI have the potential to transform
the workplace at an unprecedented pace, yet the growing technical
and soft skills gap is a critical hurdle businesses must overcome,"
said Jonas Prising, Chairman &
CEO of ManpowerGroup. "While Gen AI will revolutionize many
aspects of work, there are elements of jobs that are, and will
remain, quintessentially human: collaboration, communication,
creative problem solving, and empathy towards others. Organizations
must cultivate these uniquely human traits and invest in upskilling
and their workforce to succeed in this new digital era."
Key Findings:
- 80% say it has never been so hard to plan for future talent
requirements.
- 92% of senior executives say they'll need a more flexible
workforce in the next two years.
- Organizations will turn to a wide range of strategies to build
flexibility, including setting up sectoral talent pools (91%),
taking a skills-based approach to hiring (89%), using online talent
platforms (89%), increase usage of contingent workers (88%),
offering more internal flexibility, e.g. through inter-department
secondments/job rotations (88%), and hiring talent from abroad
(88%).
- Employing contingent workers is becoming an increasingly
attractive way to access hard-to-find digital skills and
higher-caliber candidates with 79% of senior executives saying that
employing workers with knowledge of new technology is an effective
way to spread understanding to permanent employees.
"The 'Work We Want' is a conversation starter for governments,
employers, and workers to address our new work reality and find
solutions – collectively – to deliver better labour markets
outcomes for all," Denis Pennel,
Managing Director of WEC, said. "AI has made agility
non-negotiable, and the HR services industry is crucial in helping
to fill the labour and skills gaps brought on by
digitalization."
Behind "The Work We Want" Initiative
- The project is led by the World Employment Confederation, the
global voice of the HR services industry.
- The World Employment Confederation commissioned FT Longitude to
conduct a survey in November and December
2023 of 715 senior executives from around the world,
including 680 from Forbes Global 2000 companies and 35 public
sector organizations.
To learn more about how your organization can bridge the skills
gap and thrive in the age of AI, visit
https://insights.wecglobal.org/the-work-we-want/home/agile-talent-in-the-age-of-ai
to download the full report.
ABOUT MANPOWERGROUP
ManpowerGroup® (NYSE: MAN), the
leading global workforce solutions company, helps organizations
transform in a fast-changing world of work by sourcing, assessing,
developing, and managing the talent that enables them to win. We
develop innovative solutions for hundreds of thousands of
organizations every year, providing them with skilled talent while
finding meaningful, sustainable employment for millions of people
across a wide range of industries and skills. Our expert family of
brands – Manpower, Experis, and Talent Solutions – creates
substantially more value for candidates and clients across more
than 70 countries and territories and has done so for more than 75
years. We are recognized consistently for our diversity – as a best
place to work for Women, Inclusion, Equality, and Disability, and
in 2024 ManpowerGroup was named one of the World's Most Ethical
Companies for the 15th time – all confirming our position as the
brand of choice for in-demand talent.
For more information, visit www.manpowergroup.com, or follow us
on LinkedIn, X (formerly Twitter), Facebook, and Instagram.
ABOUT THE WORLD EMPLOYMENT CONFEDERATION
The World Employment Confederation serves as the voice of the HR
services industry at the global level, representing both national
federations and workforce solutions companies worldwide. Our
diverse membership encompasses a broad spectrum of HR services,
including agency work, direct recruitment, career management,
Recruitment Process Outsourcing (RPO), and Managed Service Provider
(MSP) solutions.
Our mission revolves around securing recognition for the pivotal
role played by the HR services industry in fostering
well-functioning labour markets and advocating on behalf of our
members to enable appropriate regulation. By fostering an
environment conducive to sustainable growth of the HR services
sector, our ultimate goal is to deliver better labour market
outcomes for all.
By bridging the supply and demand gaps in labour markets,
creating pathways to employment, enabling agile organisations,
balancing flexibility with protection and deploying digital
solutions responsibly, the HR services industry plays a central
role in addressing labour market challenges and delivering
people-centric solutions.
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SOURCE ManpowerGroup