The business world is changing. Seemingly by the day, new technologies and strategies are redefining how work is done by pushing today’s enterprises into exciting territory as they seek competitive advantages and fresh sources of business. Within this scenario, the very notion of “talent” is actively shaping how far enterprises can go in terms of innovation, growth, and ultimate business expansion. Talent is today’s most valuable commodity, and as globalization takes its hold on businesses across the world, the dynamics around talent are being revolutionized.
To get a better understanding of this talent and how it is accessed, managed, and optimized in today’s business world, Field Nation contributed to the underwriting of a report conducted by Ardent Partners on “The State of Contingent Workforce Management 2015-2015: The Future of Work is Here.” Ardent Partners, a research and advisory firm focused on the supply management marketplace, sought to present a comprehensive, industry-wide view into what is happening in the world of today’s contingent workforce. Drawing on the experience, performance and perspective of hundreds of procurement, HR, finance, and other professionals, the State of Contingent Workforce Management report covers the evolution, assessment, performance, and strategies for contingent workforce management leaders so they can improve overall customer workforce management operations and results.
Over the coming months, we will publish excerpts of this study, and provide insight into how enterprises and leaders are utilizing talent and why this is generating a massive shift in how work is being conducted in the business world.
The State of Contingent Workforce Management… and the Future of Work
Noted business strategist, author, and speaker Seth Godin once stated that “talents are labeled gifts.” As such, talent is a pure differentiator for professionals across the globe, and is what sets successful enterprises apart from those who consistently falter. Today’s global businesses rely on specialized skillsets, deep expertise, and exceptional talent to drive critical corporate endeavors, manage and support crucial projects, and support ongoing strategies for revenue growth and business expansion. The concept of “talent as differentiator” is not a new one; however, the composition of talent today dramatically differs from its previous makeup. The business world of 2015 is being actively shaped by the “future of work,” which is contoured by the growing reliance on freelance, independent, and non-employee talent.
Ardent Partners research shows that 95% of organizations today perceive their contingent workforce as important and vital not only to day-to-day operations, but also to ultimate enterprise success and growth. This figure should be a revelation for businesses, as the very idea of “talent” becomes a conduit for leveraging top-tier skillsets and finding triumph in a globalized economic marketplace – regardless of its source. This finding supports a “future” where non-employee talent can become just as critical as traditional, full-time labor.
To read the full report, download it now.
To read the Field Nation press release on The State of Contingent Workforce Management report, click here.
Coming Up: We discuss the notion that every business function can benefit from non-employee labor, as well as the means by which companies are sourcing their non-employee talent.