Global risks and industry 4.0, the World Economic Forum begins


At Davos ManpowerGroup will provide analysis and contributions on the growth of talent within
companies


Global risks and industry 4.0, the World Economic Forum begins

The World Economic Forum that begins in Davos on 22 January without the leaders of the US,
France and Great Britain is no second-rate conference. The meeting, which will focus on the
slowdown of global growth, particularly in more advanced countries, will also be looking at the
changes with regard to industry 4.0 in an altered context compared with the bullish global GDP
growth of the last few years. But according to IMF Chair Christine Lagarde, we are not on the verge
of a new recession: “We are about to enter a period of greater uncertainty. For this reason, the new
global economy must be inclusive, collaborative and resilient”.

Global risk factors are connected with a number of areas of uncertainty: the slowdown in Chinese
growth due to its trade war with the US, Brexit and the shutdown of the US Government. The
Manpower Group, which has been cooperating with the World Economic Forum for 14 years, will
be contributing to the Davos meeting with the statistical survey “Humans Wanted” on the effects of
automation on jobs, which the group carried out on a sample of 19,000 companies in 44 countries.
The results disprove the commonly held view, with 87% of business owners expecting to increase
their number of employees thanks to the increase in automation. Increasing numbers of businesses
therefore envisage developing new talent like never before, and this is a trend that continues to
grow.

In this regard, the contribution of the Manpower Group is crucial, according to chairman and CEO
Jonas Prising: “We are updating the skills of employees in declining sectors like textiles in order to
requalify them for high growth potential industries like cybersecurity, advanced manufacturing and
self-driving cars. If we can manage to concentrate on practical measures for the requalification of
human resources at this rate, individuals really can become friends of machines and automation.” At
Davos, Manpower will also be focusing on the growth of talent within companies in order to
guarantee the job security of individual workers. However, as well as investing in internal training,
businesses will have to facilitate the mobility of roles in individual organisations. But even this
might not be enough: cultivating internal talent is not an easy process and so a complementary
workforce of freelance consultants, part-time and fixed-term workers is required to support full-
time employees. In conclusion, Manpower responds to the challenges presented by the slowdown in
global growth by proposing an acceleration in the ongoing training of workers. A strategic
opportunity for businesses that do not fear automation and innovation.

L'autore

Matteo Muzio

Matteo Muzio Nato a Genova nel 1985, in tasca una laurea in storia contemporanea e una tessera di giornalista professionista. Ama scrivere di economia, di cultura e di altre varie ed eventuali. Ho scritto per le pagine genovesi di Repubblica, per il Foglio, L’Espresso e il Fatto Quotidiano. Scrive per il Corriere della Sera. Mi piacciono anche i treni, l’Appennino ligure, il cibo campano. Un po’ liberale, un po’ socialista.