No matter where you get your news, it’s obvious that we’re in the throes of a leadership crisis -- or three or five. President Trump’s head-scratching “surrender summit” in Helsinki with Russian President Vladimir Putin sent shockwaves across the globe. Meanwhile, British Prime Minister Theresa May faced her biggest political setback as David Davis, the key Brexit negotiator, abruptly resigned because he could no longer, in good faith, go along with the exit strategy. And of course, Uber[...]
As we discussed in April, close on the heels of VMSA Live 2017, MSPs are entering a new phase of transformation – one that mirrors and complements the evolution of the modern workforce. The original power of contingent workforce management grew from a highly transactional approach that focused on centralization, consolidation and process optimization. Today, the transactional nature of MSPs is giving way to strategic and consultative dynamics. It’s not just the mechanisms of business that have changed. Talent – yes, even contingent talent – have broken free from their cocoons and emerged as a different species of butterfly. Right now, freelancing has taken its place as the new norm. These experts are not contract workers or W2 employees of staffing firms. They are independent entrepreneurs, which begs a few questions: how do you find them, how do you engage them and how do you manage the partnerships? I believe this is precisely where MSP 3.0 will shine brightly.
Not long ago, we looked upon freelancing as a desperate measure. During bouts of economic decline, employers concentrated their recruiting efforts on non-traditional talent to keep operations running smoothly while containing the costs associated with full-time employees. Freelancing became a temporary fix for cash-strapped workers struggling to land “gainful employment” in down times. And that’s all changed. Reliance on freelance talent is booming. On-demand workers are powering business success with their speed, flexibility, agility and competitive insight. More professionals are choosing this independent lifestyle. Yes, the benefits abound. The burning question becomes, “Who’s responsible for managing them?” Why not a Managed Service Provider?