Adecco Group Unveils Strategic Blueprint for Future@Work - Outlining New Direction and Financial Targets for Upcoming Business Cycle
The Adecco Group, a leading global human capital solutions provider, has announced its new strategy cycle, 'Future@Work', and new financial goals. The strategy is designed to proactively respond to the evolving labor market trends projected through 2030, which include technological advancements, the green transition, macroeconomic and geoeconomic shifts, and demographic changes.
The new strategy is underpinned by three Group-wide transformation enablers: Customer Experience, Differentiation, and Digital. Adecco aims to grow market share and margins through digitalization and service portfolio diversification.
While explicit new financial targets for 2025-2030 have not been detailed, the company's strategic focus on adapting to future workforce needs implies an emphasis on growth through innovation, inclusion, and digital transformation. Financial goals likely aim to capitalize on emerging opportunities in upskilling, green jobs, and technology-driven staffing solutions aligned with market demands.
The Adecco Group's primary segments will be defined by Business Unit and geography. The new primary segments will consist of Addeco, Talent Solutions, and Modis, each further split by geography. Modis is being built as a market leader in technology consulting, focusing on 'smart industry' segments.
The Addeco unit will focus on leveraging broad digital access and AI to enhance staffing efficiency and meet demands in sectors affected by demographic changes, such as caregiving. Emphasis on inclusion and adapting to macroeconomic shifts will shape service delivery.
Talent Solutions, on the other hand, is expected to emphasize strategic client growth by supporting workforce reskilling, diversity, and inclusion initiatives. Talent Solutions will likely integrate future skills development and inclusion advocacy, as exemplified by leaders fostering authentic workplace cultures.
Modis, as a technology and engineering staffing division, will focus on sourcing talent in emerging technologies and the green transition sectors. It will benefit from the focus on digital transformation and increasing demand for tech skills highlighted in the Future@Work outlook.
Inclusion and belonging are core values of the Adecco Group's strategy, with campaigns such as #ProudToBe reflecting its commitment to building diverse and inclusive workplaces. Leaders within the group emphasize balancing technology adoption with human elements, ensuring fair expectations around AI and skills development.
The Addeco Group is headquartered in Zurich, Switzerland and is listed on the SIX Swiss Exchange (ADEN). The group operates in 60 countries and enables more than 3.5 million careers. The Addeco Group has been consistently ranked one of the 'World's Best Workplaces' by Great Place to Work®.
The Addeco Group is powered by nine global brands: our, Adia, Badenoch + Clark, General Assembly, Lee Hecht Harrison, Modis, Pontoon, Spring Professional, and Vettery. The Group's website, social media, Investor Relations, and Press Office contact information are provided.
Trading since the Q3 2020 results announcement has been modestly ahead of management's expectations. The Q4 2020, Q1 2021, Q2 2021, Q3 2021 results will be announced on respective dates in February, May, August, and November 2021.
The Addeco Group's culture is characterized by inclusivity, entrepreneurship, and teamwork, with a workforce of 35,000 employees. Investments in Future@Work will be maintained at around the level of current strategic investments.
[1] Adecco Group, 'Future@Work', 2021, [2] Adecco Group, 'Our Values', 2021, [3] Adecco Group, 'Our Approach to AI', 2021, [4] LHH, 'Customer Success Management', 2021,
- The Adecco Group, recognizing the upcoming labor market trends, plans to capitalize on emerging opportunities in upskilling, green jobs, and technology-driven staffing solutions, emphasizing growth through innovation, inclusion, and digital transformation for permanent placement and career transition.
- The Adecco Group's new strategy, 'Future@Work', includes a primary focus on leveraging AI and digital access to enhance staffing efficiency in sectors affected by demographic changes, such as caregiving, while balancing technology adoption with human elements, ensuring fair expectations around AI and skills development.
- The Adecco Group's Talent Solutions segment aims to support workforce reskilling, diversity, and inclusion initiatives, integrating future skills development and inclusion advocacy, as demonstrated by leaders fostering authentic workplace cultures.
- Modis, as a technology and engineering staffing division of the Adecco Group, will focus on sourcing talent in emerging technologies and the green transition sectors, benefiting from the increased demand for tech skills and the emphasis on digital transformation in the Future@Work outlook.
- The Adecco Group emphasizes inclusion and belonging as core values, reflected in their campaigns such as #ProudToBe, and they are committed to building diverse and inclusive workplaces, consistently ranking one of the 'World's Best Workplaces' by Great Place to Work®.
