Businesses in nearly every industry have come to rely on contingent talent as specialists and flexible experts rather than temps who fill vacant seats during absences, seasonal demands or personnel transitions. With increasing frequency, we’re integrating these skilled contractors into our primary workforces. Yet, we still haven’t integrated them into our internal knowledge systems. And that’s a missed opportunity to tap into their intelligence and ideas, especially as the sharing economy’s[...]
Today’s corporate lexicon flows with words like innovation, speed, agility, expansion, reinvention and change. We even borrow acronyms from the realm of social media. One in particular is FOMO -- the fear of missing out. Buried beneath the jargon, however, lurks a formidable beast: obsolescence. The exponential progress of the digital age has ushered in an era of incredible disruption. The status quo no longer ensures security or longevity. Obsolescence is a real threat -- the signal to the noise, and it’s growing stronger. To ensure success, the choice seems to be evolve or die. Contingent workforce programs, despite their steady spread, aren’t immune. The good news is that providers who are willing to adapt and shake up their operations will prevail -- and outpace their competitors.