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Alain Dehaze, CEO of The Adecco Group attended Davos World Economy Forum 2022 and delivered his insights.

"As I travel to Davos for the World Economic Forum, I relish the prospect of getting together again in person with contacts from our customers, multi-lateral organizations and governments, after two years of virtual events.

I’ve am often asked why we being at the World Economic Forum is important. The answer is simple: The unique opportunity to meet many global leaders, experts, advocates and innovators, over a concentrated timescale is really efficient and effective. It would literally take me years to visit them all where they are based.

As leaders, we all have an obligation to make the best use of this opportunity to meet, learn from each other to address challenges and issues impacting business and society. And most important, we must convert those interactions into meaningful action for as many people as we can.

Addressing talent scarcity, avoiding a lost generation of women at work, creating jobs for Ukraine, getting ready for the digital transformation in smart industries while leaving no worker behind are topics very close to our core at The Adecco Group." - Alain Dehaze, CEO of The Adecco Group.

“Today in Davos: The discussion focused on Talent Scarcity, Skills, building agility and resilience in the face of uncertainty, and responding to the Great Resignation.I believe workers are looking for better conditions. But wages are not the only answer.Changing the wages on offer, changes the transaction considerably. With our clients in the US we see that boosting the offered wage increases the number of applicants. However, we see less evidence of the Great Resignation in sectors with higher wages.Ultimately, I believe the right job is about more than salaries: Having a positive working culture, a strong purpose, flexibility, security, and work-life balance are key to attracting talent in today's world of work.”

"It was an intense first day in Davos. I had the opportunity to share perspectives with business and institutional leaders on skills, talent scarcity and the key global issues shaping labour markets and the future of work.

On the Reskilling Revolution initiative: The Adecco Group has pledged to reskill 5 million workers by 2030. But what are the next steps to enable life long learning and ensure that no worker is left behind? These are my Davos takeaways:

• The micro-credential trends continues and it's shifting toward codifying skills and competencies which will help make progress.

• Career coaching and assessment need to be taken into account as part of up and reskilling initiatives. Soft skills are becoming more relevant in an automated and digital world of work , and also more challenging to acquire in digital and remote environments.
  

• Individual learning accounts (ILA) are a must to ensure financing of life-long learning initiatives.

Our Chief People Officer survey paper published this spring showed how the HR function is evolving to keep pace with how the workforce needs to be skilled, engaged and prepared for the future. The emphasis for People Leaders is on tech, people data and the importance of emotion and good Emotional intelligence / EQ. Empathetic leadership will be key for the future.

Facing with the Talent Scacity, Alain suggested leaders to be prepared to hear this question from candidates: “Where do you see the company in five years?”

• As worker retention continues to challenge business, it’s time to lead in the new ways valued by top talent.

• Research on why employees leave shows the reasons are within your control as a leader: culture, work environment, growth opportunities and leadership disconnect.

• When an organization has a clear, well-defined purpose and pathway forward, it is more likely to attract and retain top talent.

• “Where do you see yourself in five years?” It's one of the notorious job-interview questions of our time, isn't it? And a valuable one, as human resources professionals seek to evaluate candidates'thoughtfulness and ambition.

Full session replay: Responding to the Great Resignation > Reunión Anual del Foro Económico Mundial | Foro Económico Mundial (weforum.org)

More details: Leading with purpose to address talent scarcity | World Economic Forum (weforum.org

Facing with the key challenge that is impacting businesses, and labour markets globally since the pandemic, Alain Dehaze shared his opinions on the LIVE webinar The Impact of Talent Scarcity on The Future of Work with  Economist Impact:

"The number of people employed globally has already returned to 2019 pre-pandemic levels. But what if we consider where employment would have been, if COVID-19 had not happened? According to our study presented today in collaboration with Economist Impact , global employment would have stood at 2.83bn in 2021 had the pandemic not occurred, showing an ongoing gap of 0.7% to the actual number of people employed. The war in Ukraine, interest rates, inflation and food prices are just some of the factors impacting labour market forecasts. These factors lead us to forecast that global employment will fully recover to a pre-COVID trend in 2023."

直播回放：Watch the impact of talent scarcity on the future of work webinar (adeccogroup.com)