Putting Talent at the Centre An Evolving Imperative for Manufacturing 2025

Endnotes 1. Bureau of Labor Statistics. (2024, 1 August). Productivity and Cost, Second Quarter 2024 [Press release]. https://www.bls.gov/news.release/archives/prod2_08012024.pdf. 2. Moutray, C. and M. F. Holland. (2024, 8 January). NAM manufacturers’ outlook survey: Fourth quarter 2023. National Association of Manufacturers. https://nam.org/wp-content/uploads/2024/01/Outlook-Survey-December-2023-Q4.pdf. 3. McKinsey talent trends US survey, October 2024. 4. Perez, F., J. Salguero, D. Lambert, H. Bristol, et al. (2024). Is your frontline workforce strategy right for where you are? McKinsey & Company. https://www.mckinsey.com/capabilities/operations/our-insights/is-your-frontline-workforce- strategy-right-for-where-you-are. 5. World Economic Forum. (2025). Future of Jobs Report 2025. 6. Ibid. 7. De Smet, A., B. Dowling, M. Mugayar-Baldocchi and B. Schaninger. (2021). ‘Great Attrition’ or ‘Great Attraction’? The choice is yours. McKinsey Quarterly. https://www.mckinsey.com/capabilities/people-and-organizational-performance/our- insights/great-attrition-or-great-attraction-the-choice-is-yours. 8. Freeman, T., M. Mugayar-Baldocchi, F. Perez and J. Salguero. (2024). From hire to inspire: Getting—and keeping—Gen Z in manufacturing. McKinsey & Company. https://www.mckinsey.com/capabilities/operations/our-insights/from-hire-to- inspire-getting-and-keeping-gen-z-in-manufacturing. 9. Field, E., B. Hancock, M. Mugayar-Baldocchi and B. Schaninger. (2023). Stop wasting your most precious resource: Middle managers. McKinsey & Company. https://www.mckinsey.com/capabilities/people-and-organizational- performance/our-insights/stop-wasting-your-most-precious-resource-middle-managers. 10. De Smet, A., B. Dowling, M. Mugayar-Baldocchi and B. Schaninger. (2021). ‘Great Attrition’ or ‘Great Attraction’? The choice is yours. McKinsey & Company. https://www.mckinsey.com/capabilities/people-and-organizational-performance/ our-insights/great-attrition-or-great-attraction-the-choice-is-yours. 11. Bureau of Labor Statistics. (2024, 1 August). Productivity and Cost, Second Quarter 2024 [Press release]. https://www.bls.gov/news.release/archives/prod2_08012024.pdf. 12. McKinsey talent trends US survey, October 2024. 13. Perez, F., J. Salguero, D. Lambert, H. Bristol, et al. (2024). Is your frontline workforce strategy right for where you are? McKinsey & Company. https://www.mckinsey.com/capabilities/operations/our-insights/is-your-frontline-workforce- strategy-right-for-where-you-are. Putting Talent at the Centre: An Evolving Imperative for Manufacturing 39