HRO Today March 2017 - 16

Cover Story
Key Drivers
" Currently, companies are struggling to integrate different types of workers into a coherent strategy. Blending
full-time and contingent workforce strategies means a more mature talent acquisition function that will produce
greater return on investment for organizations, " explains Taryn Owen, president of PeopleScout.
A total workforce solution is a more sophisticated approach to integrated talent management. She says some key
drivers include:
* Scalability and agility
* Better quality of hire
* Reduced costs
* Visibility into workforce
* Workforce planning
* Demographic shifts
* Economic forces
* Globalization
access to larger talent pools, " says Owen. " For example,
imagine a qualified candidate who was not chosen for
a full-time position because there was an abundance of
applicants. With a total workforce solution, the hiring
manager would be able to determine if there was a
different position for the candidate and move them into
the contingent talent pool. "
In addition to candidate movement, Harvey says an
integrated approach allows Waste Management to
develop candidates. " Deploying a contractor with a
partial skill set allows us to give on-the-job opportunity
to talent with a partial skill set and review success in role
before converting to employee. "
Randstad Sourceright's Henderson has experienced
similar findings. " We have also found that with this total
talent view, organizations have an expanded talent pool
for permanent workforce requirements and are better
able to convert high performing contingent employees
into permanent talent. " This means reduced recruiting
costs for organizations and increased time to productivity
that experienced workers can deliver.
* Internal mobility. A key way to retain talented
employees is to allow them to grow and develop
within the organization. Internal mobility programs
help foster this, and research shows they can lower
talent acquisition costs and produce faster time-toproductivity
rates to boot.
" Internal mobility programs are often the best quality
[16]
HRO TODAY MAGAZINE
| MARCH 2017
of source, " says Browne. " With the continued talent
shortage, if organizations were promoting 20 percent of
workforce, that would be a critical advantage. "
By nature, total workforce solutions provide the perfect
setting for internal mobility and workforce planning.
" With the advanced analytics to drive an integrated
talent model, organizations are better able to forecast
talent needs and optimize successful success planning and
internal talent mobility, " says Henderson. " The increase
visibility provided ensures that employers can readily
promote opportunities to internal talent. "
What's Next?
Research is predicting future growth of total talent
management. According to Randstad Sourceright's 2017
Talent Trends Report, 91 percent of adopters are satisfied
with this approach, and 68 percent of respondents report
they are likely to implement this type of approach in the
next 12 months. Ardent Partners' research agrees with 64
percent of respondents indicating they plan to launch an
initiative.
" This fact speaks volume to the ultimate needs of today's
organizations, " says Dwyer. " If talent engagement is
shifting and the contingent/non-employee workforce
is going to continue to grow in the months and years
ahead, it is imperative that organizations understand the
benefits of a total workforce management program that
can effectively manage and blend all types of workers. "

HRO Today March 2017

Table of Contents for the Digital Edition of HRO Today March 2017

HRO Today March 2017 - 1
HRO Today March 2017 - 2
HRO Today March 2017 - 3
HRO Today March 2017 - 4
HRO Today March 2017 - 5
HRO Today March 2017 - 6
HRO Today March 2017 - 7
HRO Today March 2017 - 8
HRO Today March 2017 - 9
HRO Today March 2017 - 10
HRO Today March 2017 - 11
HRO Today March 2017 - 12
HRO Today March 2017 - 13
HRO Today March 2017 - 14
HRO Today March 2017 - 15
HRO Today March 2017 - 16
HRO Today March 2017 - 17
HRO Today March 2017 - 18
HRO Today March 2017 - 19
HRO Today March 2017 - 20
HRO Today March 2017 - 21
HRO Today March 2017 - 22
HRO Today March 2017 - 23
HRO Today March 2017 - 24
HRO Today March 2017 - 25
HRO Today March 2017 - 26
HRO Today March 2017 - 27
HRO Today March 2017 - 28
HRO Today March 2017 - 29
HRO Today March 2017 - 30
HRO Today March 2017 - 31
HRO Today March 2017 - 32
HRO Today March 2017 - 33
HRO Today March 2017 - 34
HRO Today March 2017 - 35
HRO Today March 2017 - 36
HRO Today March 2017 - 37
HRO Today March 2017 - 38
HRO Today March 2017 - 39
HRO Today March 2017 - 40
HRO Today March 2017 - 41
HRO Today March 2017 - 42
HRO Today March 2017 - 43
HRO Today March 2017 - 44
HRO Today March 2017 - 45
HRO Today March 2017 - 46
HRO Today March 2017 - 47
HRO Today March 2017 - 48
HRO Today March 2017 - 49
HRO Today March 2017 - 50
HRO Today March 2017 - 51
HRO Today March 2017 - 52
HRO Today March 2017 - 53
HRO Today March 2017 - 54
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-chro-today-2019
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-november-2019
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-may-2019
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-march-2019
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-july-august-2019
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-january-february-2019
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-april-2019
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-september-2019
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-october-2019
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-june-2019
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-december-2019
https://www.nxtbook.com/sharedxpertise/sharedxpertise/chro-today-2018
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-may-2018
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-april-2018
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-september-2018
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-october-2018
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-november-2018
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-march-2018
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-june-2018
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-january-february-2018
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-july-august-2018
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-december-2018
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-september-2017
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-october-2017
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-november-2017
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-march-2017
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-june-2017
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-july-august-2017
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-january-february-2017
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-may-2017
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-december-2017
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-april-2017
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-september-2016
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-october-2016
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-december-2016
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-november-2016
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-may-2016
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-march-2016
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-june-2016
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-january-february-2016
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-july-august-2016
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-april-2016
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-october-2015
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-november-2015
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-july-august-2015
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-september-2015
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-june-2015
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-april-2015
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-july-august-2014
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-november-2014
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-october-2014
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-december-2014
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-january-february-2015
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-june-1014
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-may-2014
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hro-today-april-2014
https://www.nxtbook.com/sharedxpertise/sharedxpertise/hrot-january-february-2014
https://www.nxtbookmedia.com