The Future of Manufacturing Workforce - What's the New Next ? - George Kelly Senior Vice President ManpowerGroup - WMEP
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The Future of Manufacturing Workforce – What’s the New Next ? George Kelly Senior Vice President ManpowerGroup
The Future of Manufacturing Workforce – What’s the New Next ? The ‘New Next’ • Labor Market & Outlook • COVID 19 Impact • Future Manufacturing Jobs • Developing your Future Workforce • Q&A ManpowerGroup | 3 March 2021 2
Polling Question - ManpowerGroup Q1 : In what City in Wisconsin was Manpower founded in 1948 ? A. Beloit B. Milwaukee C. Madison D. Green Bay ( oh …Aaron…)
ManpowerGroup Overview 70 Years of Global Workforce Solutions Expertise Revenues of 87% of revenues $21 billion generated outside of U.S. Most Trusted Brand in the Industry • Providing meaningful work for 600,000+ people every day • Connecting millions of job seekers with work every year, 75 Countries 28,000 2,500 globally & Territories Employees Offices • Finding talent for clients from small/medium to Fortune 100 World-Leading IT Professional resourcing firm companies A World-Leading Outplacement Firm LARGEST GLOBAL VENDOR-NEUTRAL MSP PROVIDER Strong and Connected Brands ManpowerGroup
Polling Question: Q2 : Do you plan to increase, decrease or hold steady your hiring activity in 2021 ? A. Increase B. Decrease C. Hold Steady ManpowerGroup
Hiring Expectations for January Through March Hiring managers in the United States report a seasonally adjusted, Net Employment Outlook* of 17% MEOS 8,700+ U.S. employers shared their future hiring plans ManpowerGroup | Skills Revolution Reboot www.manpowergroup.com/meos 7
Trending Employer Hiring Plans Outlook Net Employment Outlooks (NEOs) since January 2020 ManpowerGroup | Skills Revolution Reboot 9
January Jobs Report: Short-Term Workforce Scramble Employment change by industry Employment change by industry December 2020 – 1 month net change December 2020 – 3 months net change Sensitivity = Low Manpower | The State of Work 10
The ‘New Next’… Covid -19’s Impact ManpowerGroup
Polling Question Q3 : Do you think COVID will have an impact on skills requirements in your organization ? A. Yes B. No C. Not sure yet ManpowerGroup
Covid 19 – Skills Revolution Reboot The 3Rs – Renew, Reskill, Redeploy Q1: How the Covid-19 crisis is impacting their digitization and automation plans ? Q2 : Which job functions, industries and geographies are likely to be impacted most ? Q3: How HR priorities are shifting as a result of the crisis ? Q4: How they are thinking about current and future upskilling plans ? https://manpowergroup.com/workforce-insights/world-of-work/skills-revolution-series ManpowerGroup | Skills Revolution Reboot 13
Covid 19 – Accelerating Digitization & Long Term Workforce Shift ManpowerGroup | Skills Revolution Reboot 14
Covid 19: The Acceleration of HR as a Business Priority The health, economic and social crisis has positioned HR more critically than ever as companies have had to take a #PeopleFirst approach and see HR firmly rooted in their business strategy. Here are their top priorities. ManpowerGroup | Skills Revolution Reboot 15
Covid 19 : The Emergence of a K-Shaped Recovery Increasing Demand 1. Cyber Security 2. Logistics & eCommerce 3. Mechanics Decreasing Demand 1. Brick & Mortar retail 2. Leisure/ Hospitality 3. Assembly workers Soft Skills - Critical ManpowerGroup | Skills Revolution Reboot 16
COVID-19: Accelerating Skill Gaps We are in the midst of a Skills Revolution where technology is transforming organizations and skills needs are changing rapidly, accelerating a global talent shortage and threatening productivity, sustainability and growth. By 2022, 54% of all employees will require While 38% of organizations It's estimated that, by 2025, significant re- and upskilling. Of these, about “54% of employers say it is difficult to train 85 million jobs globally 35% are expected to require additional training say they can’t find the in-demand technical skills, may be displaced by a shift of up to six months, 9% will require reskilling skills they need. 43% said it is even harder in the division of labor lasting six to 12 months, while 10% will require 2019 ManpowerGroup Talent to teach the soft skills. between humans and additional skills training of more than a year. Shortage Survey 2019 ManpowerGroup Humans Wanted: machines. WEF: 2018 Future of Jobs Report Robots Need You Report WEF: 2020 Future of Jobs Report ManpowerGroup
COVID-19: Changing What Workers Want When economic outlooks are uncertain, employability matters the most and workers say simply keeping their job is most important. • After health concerns the top worry for workers is going back to the way things were – losing their newfound flexibility and being required to be back in the workplace daily. 71% 80% After health Keeping their job is a top concerns, (94%) workers 80% of U.S. workers want priority for workers everywhere globally are most worried about 71% of U.S. workers want to options to work outside of the (91%) with the exception of returning to an old way of prioritize time with family office while another 63% want IT workers who value working, losing the flexibility flexible hours flexibility most they have gained https://go.manpowergroup.com/futureforworkers ManpowerGroup ManpowerGroup | The Future for Workers, By Workers
The ‘New Next’…. Future Manufacturing Jobs ManpowerGroup
Digitization Cyber Security ManpowerGroup
Digital Technology impacting Manufacturing jobs ManpowerGroup
Future Manufacturing Jobs – Digital New Futures, New Roles DIGITAL ENTERPRISE DIGITAL THREAD ● Chief Digital Officer - Manufacturing ● Digital Thread Engineer ● Digital Manufacturing Organizational ● Manufacturing Cybersecurity Strategist Change Management Strategist ● Life Cycle Digital Twin Architect ● Enterprise Supply Network Manager ● IT/OT Systems Engineer ● Enterprise Digital Ethicist DIGITAL PRODUCT DIGITAL DESIGN ● Embedded Product Prognostics Engineer ● Model Based Systems Engineer (MBSE) ● Virtual Reality/Augmented Reality System Specialist SUPPLY NETWORK ● Worker Experience Designer ● Predictive Supply Network Analytics Engineer ● User Experience Architect ● Digital Manufacturing Biomimicry Specialist DIGITAL MANUFACTURING ● Machine Learning Specialist ● Digital Manufacturing Engineer ● Factory Automation Engineer ● Predictive Maintenance System Specialist ● Collaborative Robotics Specialist ManpowerGroup https://www.mxdusa.org/taxonomy/
Polling Question Q4 How prepared do you feel to protect against a cyber attack ? A. Prepared B. Not yet C. Doesn’t impact me ManpowerGroup
Cyber Security in the Manufacturing Enterprise – Work Domains Business, Technical, Social, and Geo-Political Horizons Operating Technologies & Integrations Information Supply Network Technologies & & Partnering Integrations Business & Technical Alignment, Compliance, Legal, Governance, & & Forensics Response Readiness & Cybersecurity Themes: R&D & Innovation Development Enterprise, not just factory. Ecosystem, not just enterprise. It’s not only the cybersecurity analysts role. Process and product. Before, during and after. Future horizons with maybe fewer not more options… ManpowerGroup
Future Manufacturing Jobs – Cyber Security ManpowerGroup https://www.mxdusa.org/HiringGuide/
The ‘New Next’…. Developing Your Future Workforce ManpowerGroup
Video placeholder ManpowerGroup
Today’s Workforce Strategy 1 Is Inclusive Upskilling & Reskilling is core 3 2 Finding, attracting, retaining the right talent 6 Leading through digital 5 Competing in the digital age transformation 4 Individual Choice ManpowerGroup
Holistic Workforce Development Strategy ManpowerGroup
The Future Manufacturing Workforce Read our latest insights and view recent webinars at ManpowerGroupUSA.com/Manpower/Insights Manpower | 3 March 2021 30
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