ManpowerGroup 2007 Annual Report Download - page 16

13Management’s Discussion & Analysis Manpower 2007 Annual Report
BUSINESS OVERVIEW
Manpower Inc. is a world leader in the employment services industry.
Our global network of nearly 4,500 offi ces in 80 countries and territories
allows us to meet the needs of our clients in all industry segments,
whether they are global, multinational or local companies. By offering
a complete range of services, we can help any company – no matter
where they are in their business evolution – raise productivity through
improved strategy, quality, effi ciency and cost reduction across their
total workforce.
Manpower Inc.’s five major brands – Manpower, Manpower
Professional, Elan, Jefferson Wells and Right Management – provide
a comprehensive range of services for the entire employment and
business cycle including:
• Permanent, temporary and contract recruitment – We fi nd the best
people for all types of jobs and industries at both the staff and
professional levels under the Manpower, Manpower Professional
and Elan brands.
• Employee assessment and selection – We provide a wide array of
assessments to validate candidate skills and ensure a good fit
between the client and the employee, which leads to higher employee
retention rates.
• Training – We offer an extensive choice of training and development solutions that help our employees, associates, and clients’
workforces to improve their skills and gain qualifi cations that will help them to succeed in the ever-changing world of work.
• Outplacement – Our Right Management brand is the world’s largest outplacement provider, helping our clients to better
manage the human side of change by providing a positive way for employees who no longer fi t the organization to transition
out and make the right choice for the next step in their career.
• Outsourcing – We are one of the largest providers of recruitment process outsourcing in the employment services industry,
enabling our clients to outsource the entire recruitment process for permanent and contingent staff to us, so they can focus
on other areas of human resources.
• Consulting – We are a leading global provider of integrated consulting solutions across the employment lifecycle. We help
clients maximize the return on their human capital investments while assisting individuals to achieve their full potential. Our
Right Management brand helps clients attract and assess top talent; develop and grow leaders; and engage and align people
with strategy.
• Professional Services – Our Jefferson Wells brand is a high-value alternative to public accounting fi rms and other consulting
groups, delivering professional services in the areas of internal controls, tax, technology risk management, and fi nance and
accounting.
This comprehensive business mix allows us to mitigate the cyclical effects of the national economies in which we operate.
Our leadership position also allows us to be a center for quality employment opportunities for people at all points in their career
paths. In 2007, we found permanent and temporary jobs for nearly fi ve million people who worked to help our more than
400,000 clients meet their business objectives. Seasoned professionals, skilled laborers, mothers returning to work, elderly
persons wanting to supplement pensions and disabled individuals – all turn to the Manpower family of companies for employment.
Similarly, governments of the nations in which we operate look to us to help reduce unemployment and train the unemployed
with skills they need to enter the workforce. In this way, our company is a bridge to permanent employment for those who desire it.
Our industry is large and fragmented, comprised of thousands of fi rms employing millions of people and generating billions
of U.S. Dollars in annual revenues. It is also a highly competitive industry, refl ecting several trends in the global marketplace,
notably increasing demand for skilled people and consolidation among clients in the employment services industry itself.
Management’s Discussion & Analysis
of financial condition and results of operations
1,962.2 United States
80.1 United States
Revenues from Services
in millions ($)
7,025.3 France
390.3 France
2,622.4 Other Operations
73.5 Other Operations
409.9 Right Management
34.6 Right Management
332.0 Jefferson Wells
(5.2) Jefferson Wells
1,398.1 Italy
103.7 Italy
6,750.4 Other EMEA
256.7 Other EMEA
Operating Unit Profi t
in millions ($)