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Diversify company leader talent to stay competitive

Posted on January 8th, 2013 Read time: 1 minutes

As economists, politicians and company business leader reflect on the modestly positive numbers released by the Department of Labor last week, company HR administration divisions should consider investing more in training their executives to handle constant shifts in the economy, ManpowerGroup, a human resource software provider, suggests. Faced with a shortage of talent worldwide, business leaders must be able to adapt to fast-changing economies, markets and industries.

"Developing leaders who can navigate volatility and build the flexible workforce needed to fulfill a business strategy is too often, today, just a concept versus a top priority for executive teams," said Jeffrey A. Joerres, ManpowerGroup chairman and CEO. "The unpredictable nature of today's economy is forcing all business leaders to make quick, yet carefully vetted decisions."

According to ManpowerGroup's 2012 Talent Shortage Survey, nearly half of U.S. employers struggle to fill positions critical to accomplishing their organization's mission. On the bright side, optimism among employers is improving, states ManpowerGroup.

While December's employment report detailed gains in healthcare and construction, numbers may be hard to keep up in the coming months, according to MarketWatch. Economic activity is expected to expand slowly in the first half of 2013, which could make it difficult for employers to keep up current job rates.

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