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CEO Awards
Most Respect CEOs
In collaboration with the
International Institute of Management
Hall of Fame
CEO Profile
Jeffrey Joerres, CEO of Manpower Inc.
Company Profile
Industry: Staffing and Outsourcing
Employees: 28,000
Revenues: $17.3B
Market Cap: $4B
CEO Achievements
In 2008, Manpower celebrated its 60th anniversary. Considering the
average multinational company lasts between 40 and 50 years, this is
a major achievement to the executives that built and led the company. Despite the global
recession, Manpower operating cash flow continues to be strong, at $414
million, ending 2009 with $1 billion in cash. Manpower is the world leader in RPO (recruitment process
outsourcing).
Jeff has led a transformation of Manpower's business strategy,
adding
new business lines that have expanded the company's ability to
assist
clients and candidates in navigating the changing world of work.
His role at Manpower has seen him advising domestic and
foreign government officials about how to transform their labor
markets to compete in the global economy.
Under Jeff's tenure, Manpower has experienced rapid growth,
expanding the footprint of the
organization to 4,100 offices across 82 countries and territories.
His achievements for the company
have seen Manpower share value more than triple, and the company has
climbed the ranks of the Fortune 500 American companies list, moving
from 183 to 119 in 2009.
Jeff is a strong proponent of job training and workforce development
initiatives.
CEO Bio
Jeffrey A. Joerres is Chairman and CEO of
Manpower Inc. Having joined Manpower in 1993, Jeff served as Vice
President of Marketing, and later, as Senior Vice President of
European Operations and Global Account Management. It was in
1999 that he was promoted to President and CEO, and in 2001 that
he was named Chairman of the Board.
Outside
of the company, he serves on the board of trustees for the Committee
for Economic Development
(CED), and is co-chair of the CEO Diversity Committee of the Greater
Milwaukee Committee. In
addition, Jeff was the 2008 Co-chair at the World Economic Forum
India Economic Summit
Prior to joining Manpower, Jeff held the position of Vice President
of Sales and Marketing for ARI
Network Services, a publicly held, high-tech electronic data
interchange company. He has also
held several management positions within IBM.
In addition to the Manpower's board,
Jeff is a member of the board
of directors of Artisan Funds, Federal Reserve Bank of Chicago,
Johnson Controls and the U.S.
Council for International Business (USCIB). He is also a 2008
Woodrow Wilson International Award
Recipient for Corporate Citizenship; Featured Second Life Thought
Leader in 2009 Evolution of the
Virtual Workforce; Featured Panelist in 2009 US Secretary of
Education Initiative for Advancement of Technical Colleges to
Address Trade Skills Gap.
Jeff has a bachelor's degree from Marquette University's College of
Business Administration, from which he graduated in 1983.
CEO Insights
It is critical to get out of your office and meet people face to
face. You have to stay connected with your people so that you know
where the challenges lie within your organization. The imperial CEO
belongs to a bygone age - in the contemporary world of work, CEOs
are here to serve, not to be served and management is all about
flexibility and agility. - Jeffrey Joerres, CEO of Manpower
Being solution-oriented is a big part of
being a leader - it's a tremendous leadership quality. - Jeffrey
Joerres, CEO of Manpower
Talent mismatch is a global problem, but it is more acute at the
mid- to higher-level skills - Jeffrey Joerres, CEO of Manpower
To foster job creation, one of the groups that initiatives should
be targeted at is potential new business owners. New small business
owners will drive long-term job creation in this country, and
skilled trades workers can potentially own their own business and
have three or four employees within a few years. - Jeffrey Joerres,
CEO of Manpower
The U.S. is hindering one of our greatest sources of innovation
by having too low a limit on the number of non-immigrant (H1B) visas
it issues. We are preventing the brightest minds from entering the
country, which is nonsense given that the growth of this country
came from people who arrived here from overseas with an idea,
developed it and created employment. Two thirds of Silicon Valley
companies were started by people born outside the U.S. If the
brightest minds cannot come to the U.S., it will be our loss because
there are plenty of other alternatives open to them in places like
Shanghai, Mumbai, Abu Dhabi, Qatar and Dubai. The modern labor
market is truly global and to prevent workers with scarce skills
coming here harms our competitiveness on the world stage - Jeffrey
Joerres, CEO of Manpower
CEO Leadership
"Jeff’s leadership style is rooted in role modeling. He conducts
himself the way he expects his employees to behave – as true
ambassadors for the Manpower group of companies with a passion for
people and the role of work in their lives. He is relentless in his
pursuit of the company’s goals – providing our clients with the best
possible talent - but knows how to balance cost reduction with
investment. Jeff has motivated the whole organization to get behind
what we are trying to achieve." VP of HR
About the Company
Manpower Inc. has been a world leader in providing workforce
solutions for more than 60 years. With a presence in 82 countries
and territories, Manpower offers services for the entire employment
cycle including permanent, temporary and contract recruitment,
employee assessment and selection, training, outplacement,
outsourcing and consulting.
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