Pearce arrived at the City Ground over the summer, and immediately set about rejuvenating the Forest squad in the search for promotion to the Premier League.
The signings of Britt Assombalonga and Michail Antonio catalysed the Reds' start to the season, with the attacking duo netting 16 goals between them, and Antonio registering six assists on top of his exploits in front of goal.
Despite their exploits, two defeats in their last three games have knocked the Midlands club out of the play-off places, and Pearce set about further strengthening his squad using the loan market in an attempt to kick-start their season once again.
Hull City winger Tom Ince completed a loan-switch to the City Ground on Thursday, and Pearce is confident that he has now addressed the one problem that plagued Forest last season - a lack of pace.
With Antonio and Ince marauding the wings, and providing the ball to Assombalonga in the final third, the club have arguably the fastest side in the division, and Pearce told the Nottingham Post that pace is a valuable commodity in the modern game.
The coach said: "Pace is a commodity, in the modern game, that is vital.
"I commentated on the Newcastle versus Manchester City game and a big factor was that Newcastle had pace and players in their team who could hurt City on the counter-attack.
"When I looked at Forest last year, we did not have a lot of pace in the team.
"We have solved that and we have solved the goal scoring."
In agreeing a short-term deal for Ince, Forest have signed one of the best players in the Championship between the years of 2012-14. Although they only have his services until December, Pearce has admitted that they will re-asses the situation when the deal ends to see whether he will remain at the City Ground for a longer period of time.
He added: "At that stage we will probably speak again, with the player and with Steve [Bruce] and see what everyone thinks."