Does Your Talent Supply Chain Work?

There is absolutely no doubt that the 'world of work' is dramatically changing and these changes are happening at warp speed.

By  |  April 05, 2017

Uncertainty and change are now the dominant forces in today’s economic environment. But what’s the problem? Driven by the internet of things, organizations can now pretty much access whatever solution they need, whenever they need it and at whatever price they can afford. On a daily basis they are criss-crossing the world's marketplace without any geographic borders or restrictions.

This unbounded buy-side mentality is also fueling the world’s sell-side strategies too. Service providers are increasingly trying to become all things to all people and creating the (often illusory) appearance of mass customization.

The resourcing marketplace is a stand out example of this. There is absolutely no doubt that the 'world of work' is dramatically changing and these changes are happening at warp speed. However, instead of simplifying the choices available to client organizations, resourcing providers are almost universally battling it out to see who can make the talent acquisition process the most complicated. For instance there are now a bewildering number of expressions and descriptions for how talent can be resourced within an organization. There are 101+ technology related parameters to decide upon and there is a country by country legal, compliance and privacy minefield sitting behind nearly every decision. Strategic Workforce Planning? Forget it. More like Total Workforce Confusion! In one of the most recent Staffing Industry Analyst reports, for example, I counted 20 different labour model definitions!

By adopting a supply chain approach to talent management, organizations can cut through this unnecessary complexity and insulate themselves against the risks associated with the under- or over-supply of skilled workers required.

Differentiating your company from the competition is not just about the products or services that you sell, or your go-to market strategy. Increasingly, it is about how well you source and deploy the blend of resources necessary to achieve peak efficiency and effectiveness. If you are continually short of the right quality and amount of talent, it can directly impact your speed to market for new products and services; dramatically impact your ability to quickly respond to new customer requirements; and inhibit your ability to meet contractual obligations.

Organizations often invest great time, effort, and money in developing products and services, but few take the same care with their workforce resources. Although human capital accounts for the majority of all operating expenses within most enterprises, too many still apply the same demographic and psychographic HR processes to every role and worker, without differentiation. This one-size-fits-all approach is no longer enough.

70 years ago Kelly Services pioneered the temporary staffing industry. We are now on a new pioneering mission - to bring the world's resourcing landscape back down to earth! By guiding our clients in how to most effectively manage their talent supply chain, we help them take the best route to operational and competitive excellence.

Every organization on the planet already has some kind of talent supply chain. However not everyone has one that really works.

Does yours?

View More Articles