ManpowerGroup 2008 Annual Report Download - page 9

Download and view the complete annual report

Please find page 9 of the 2008 ManpowerGroup annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.

Page out of 78

  • 1
  • 2
  • 3
  • 4
  • 5
  • 6
  • 7
  • 8
  • 9
  • 10
  • 11
  • 12
  • 13
  • 14
  • 15
  • 16
  • 17
  • 18
  • 19
  • 20
  • 21
  • 22
  • 23
  • 24
  • 25
  • 26
  • 27
  • 28
  • 29
  • 30
  • 31
  • 32
  • 33
  • 34
  • 35
  • 36
  • 37
  • 38
  • 39
  • 40
  • 41
  • 42
  • 43
  • 44
  • 45
  • 46
  • 47
  • 48
  • 49
  • 50
  • 51
  • 52
  • 53
  • 54
  • 55
  • 56
  • 57
  • 58
  • 59
  • 60
  • 61
  • 62
  • 63
  • 64
  • 65
  • 66
  • 67
  • 68
  • 69
  • 70
  • 71
  • 72
  • 73
  • 74
  • 75
  • 76
  • 77
  • 78

7Manpower Annual Report 2008 Shareholder’s Letter
We’ve leveraged our network of 4,400 offices across 82 countries
and territories to facilitate the movement of people across
borders to work or move work to people through our Cross
Border Connections offering.
We’ve pulled together all of our services, in order and relevance,
to squarely address our clients’ needs through Manpower
Business Solutions.
It’s this combination of diverse assets that separates us from the
competition. This is our strategy in action, and what we have
been preparing for years.
So as we move into 2009, we will address these trends with
solutions that will unlock value and profitability for our clients and
us. What we have presented to the market is only the beginning
of our services pipeline. At our company, we develop solutions
thoughtfully not simply replicating and repackaging current
solutions with a different name. Our solutions are a confluence
of original thought, client discussion, interviews with individuals,
practical thinking and relentless passion. They are not merely
labels, but programs and processes that have been institutionalized
throughout our company, because we’re obsessed with delivering
value to help our clients win. As we head into even more uncertain
economic times, our clients will be searching for solutions with
impact, where brilliance is presented in simplicity and results
that’s our bar.
The bedrock for us to innovate and perform in these down cycles,
in addition to our team, is our financial strength and flexibility. As
you look at our balance sheet, you can see that we possess the
financial capacity to adjust to disruptions in the near-term. This is
not by accident. We have consistently protected our cash, knowing
We’ve invested
in training nearly
16,000 Manpower
staff members on
what it means to
deliver a differentiated
candidate experience
and upgrading the
look and feel of our
branch offices through
an initiative called
Branch Experience.