This Week's Herman Trend Alert

Women---Expanding their Sphere of Influence
 

  The Herman Trend Alert

February 17, 2010

Our Growing Global Workforce

Fortunately, CEOs around the world do not share the waffling confidence among consumers in the United States. Of the 1,100 executives from 52 countries polled by PricewaterhouseCoopers (PwC) for their 13th annual "Global CEO Survey", almost 40 percent expect to add people in 2010. Only 25 percent expect further reductions in force.

In Brazil, a full 60 percent plan to increase their head counts, while in the Asia Pacific region and in Canada, about half of CEOs anticipate doing so. Only 39 percent of US CEOs expect to add staff; most (almost two-thirds) will increase modestly (5 percent or less).

The most encouraging statistic is that worldwide, 81 percent of CEOs are confident of their 2010 prospects (up from 64 percent) and only 18 percent remain pessimistic (down from 35 percent). Moreover, 31 percent of responding CEOs reported feeling “very confident” of their short-term prospects---an increase of 10 percentage points from 2009.

Executives in developing nations were more upbeat than their counterparts from developed nations. While 80 percent of North American and Western European respondents were optimistic about growth in 2010, 91 percent of CEOs in Latin America and China/Hong Kong and 97 percent in India said the same.

However, looking ahead to the next three years, the results were even more impressive: more than 90 percent of CEOs polled were confident of growth---a large number of executives thinking positively!

In spite of all of this optimism, many respondents are still fearful of a protracted global recession (65 percent) and over-regulation (60 percent). In fact, more than two-thirds of CEOs disagreed with the notion that governments have reduced the overall regulatory burden, while 65 percent agreed that regulatory co-operation will help mitigate systemic risks successfully.

ExecuNet's latest Recruiter Confidence Index data reinforces the PwC study: executive recruiter confidence is at an 18-month high and more companies are adding new executive jobs. Sixty-four percent are "confident" or "very confident" the executive employment market will improve during the next six months.

"Perception is everything!" Confidence is up and we will see more hiring worldwide. The United States will likely not lead this recovery.


© Copyright 1998- by The Herman Group, Inc. -- reproduction for publication is encouraged, with the following attribution: From "The Herman Trend Alert," by Roger Herman and Joyce Gioia, Strategic Business Futurists. (800) 227-3566 or http://www.hermangroup.com. The Herman Trend Alert is a trademark of The Herman Group, Inc."


EMPLOYERS AND JOBSEEKERS: MARK YOUR CALENDARS
Advertise at or attend VetJobs Virtual Career Fairs. VetJobs, the top veterans' job board, and PSI, the premier diversity job fair producer, are teaming up to launch these VeteransCONNECT events. Employer registration is now open with loading by February 15th. Candidate loading begins March 1st. Expect 25-30 employers and an attendee goal of 2,000 skilled jobseekers. Promoted extensively, early registration begins NOW. To register or request additional information, contact VetJobs at 877-838-5627 or email info@vetjobs.com; Employers: Mention the Herman Trend Alert to receive a Bonus.

LOOKING FOR A UNIQUE VALENTINE’S GIFT?
Give the gift of leadership advice in our weekly Lessons in Leadership to help your supervisors and managers remind your leaders about what’s really important The 52-week subscription is only $47, a bargain when you think about the savings to your organization in reduced turnover. Quantity discounts available by emailing Joyce at joyce@hermangroup.com. http://www.hermangroup.com/store/subscription_all.html#3 Order today!

PREVENT EMPLOYEE TURNOVER IN 2012
Yes, you can prevent costly employee turnover, when you train your supervisors, managers, and executives. They will learn dozens of low and no-cost strategies and tactics that they can implement right away. We have an impressive track record and stand ready to help you. Call Carl at 336-210-3547 for a no-obligation conference call.


Herman Trend Alerts are produced by the Herman Group, strategic business futurists, Certified Management Consultants, authors, and professional speakers.

New subscribers are welcome. There is no charge for this public service. The Herman Trend Alert is received by over 30,000 subscribers in 78 countries, in addition to other websites and printed magazines. Do you enjoy receiving this weekly e-mail update? Contact us about our co-branded Trend Alert service. Click here to sign up for the Herman Trend Alert.


Subscribe or Unsubscribe to weekly Herman Trend Alert
View this week's Herman Trend Alert
Archived Weekly Herman Trend Alerts

                                                                                                                                                                                                                                                                                                                                                                         


[ Home · About · Products · Resources · Media ]

 
7112 Viridian Lane
Austin, TX 78739
Voice: 336-210-3547
Toll Free in US & Canada: 800-227-3566
E-mail: info@hermangroup.com

  © The Herman Group. All rights reserved.

Web site design by WebEditor Design Services, Inc.