ManpowerGroup 2012 Annual Report Download - page 14

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This uncertainty is so powerful that it can be
thought of as a force in and of itself, driving new
systems and structures and requiring a whole
new level of workforce flexibility and agility to
succeed. This is where we come in. Forces
driving certain uncertainty mean every company
is faced with the same dilemma: How to remain
competitive and execute their business strategy
in the face of talent challenges, value/margin
compression and economic uncertainty. We
know that the key lies in finding and managing
the right mix of talent, and this ecosystem is
different for every organization. It’s in that
defining moment where we demonstrate the
value and expertise with which we have equipped
our ManpowerGroup family of brands to antici-
pate and confront our clients’ talent challenges
with solutions head on.
With the threat of more volatile economic cycles
on the horizon, difficulties and disruptions will
be the order of the day. We too must be ready.
And we are. Inside our company, we have more
resolve and a clearer roadmap than ever before
to achieve our financial goals despite murky
economic outlooks. Yes, we are inextricably
intertwined with the labor market; therefore,
we know there will be unpredictable obstacles
thrown in our way that will be outside of our
control. So, our focus will be on what we can
control: exercising our muscles by simplifying
our business to achieve the agility we need to
quickly flex in anticipation of the shifting needs
of the marketplace while delivering the strongest
suite of offerings to help our clients win.
Our Performance…
Our financial performance in 2012 was solid,
given the backdrop, but not good enough.
Certain uncertainty began presenting itself in
2012, whether it was the Eurozone crisis, fiscal
cliff, or multiple elections and administration
changes throughout the world, from China and
the U.S. and everywhere in between. Yet, even in
a declining market, we were able to lean forward,
and with our confidence in our core strategy,
trust from our clients and a highly engaged team
across the entire organization we made progress
in several financial areas.
ManpowerGroup 2012 Annual Report Letter to Shareholders
12