Tra­di­tional Em­ploy­ment Mod­els Near Sell-By Date

Business First - - NEWS -

Deloitte re­search has iden­ti­fied some ma­jor shifts in the way we work. New tech­nol­ogy, an age­ing work­force, a new gen­er­a­tion of lead­ers, glob­al­i­sa­tion and greater mo­bil­ity will have a sig­nif­i­cant im­pact on the way we work. Iron­i­cally, as the work­place be­comes in­creas­ingly dig­i­tal and au­to­mated, peo­ple and their skills will mat­ter more than ever, as those with­out the right peo­ple or skills will find it in­creas­ingly dif­fi­cult to com­pete.

“We are see­ing a shift to­wards a skills-based on-de­mand econ­omy. To in­no­vate, com­pete and sur­vive, busi­nesses will need ac­cess to the right skills at the right time. This is why we have seen the emer­gence of ser­vice mar­ket­places for global free­lancers for off-site, small-project vir­tual work. These plat­forms pro­vide a global net­work of con­trac­tors of­fer­ing busi­nesses the op­por­tu­nity to out­source work, of­ten at a lower cost, with­out the costly over­heads of per­ma­nently hir­ing that per­son for spe­cific tasks,” says Wawrick Kirby of Nvoi.

“This model is also in­creas­ingly gain­ing favour amongst em­ploy­ees, as the na­ture of work ar­range­ments steadily tran­si­tion away from per­ma­nent work. In ad­di­tion, Deloitte’s re­search sug­gests em­ploy­ees are ex­pect­ing to move around more, with 60 per cent ex­pect­ing to change to a dif­fer­ent in­dus­try, dif­fer­ent role or both in the next 10 years. These plat­forms en­able em­ploy­ees to meet their need to ‘move around’ more, al­beit vir­tu­ally.

“How­ever, while there has been sig­nif­i­cant growth in the off-site vir­tual work­force, the on-site work­place has be­come in­creas­ingly im­por­tant to busi­nesses, but with a dif­fer­ent mix be­tween per­ma­nent and con­tin­gent on­site work­ers, even as we move to­wards a more dig­i­tal and au­to­mated labour force.

“In Aus­tralia, re­search al­ready sug­gests those busi­nesses that fos­ter col­lab­o­ra­tion in their work­place are 70 per cent more in­no­va­tive than those that do not. This is due to the fact pro­duc­tiv­ity, cre­ativ­ity and in­no­va­tion are all stim­u­lated and in­creased at an ex­po­nen­tial rate when em­ploy­ees are in close prox­im­ity with one another.

“The ideal so­lu­tion for busi­nesses look­ing to suc­ceed in this shift­ing land­scape is to have an on-de­mand, on-site, skills-based work­force. Busi­nesses are now reimag­in­ing how to find, at­tract, con­tract and man­age the mix of per­ma­nent and con­tin­gent work­ers.

“Suc­cess in this new age de­mands new ways of think­ing, es­pe­cially when it comes to Aus­tralian ta­lent. Tra­di­tional em­ploy­ment mod­els are near­ing their sell-by date, con­firmed by the growth of the dis­rup­tive, new mar­ket­places for con­tin­gent ta­lent and man­age­ment sys­tems, like Nvoi. Nvoi has gone be­yond the vir­tual work­force and brought the on-de­mand mar­ket­place model to the mas­sive con­tin­gent on-site work­force

“To fu­ture proof our work­force, busi­nesses should look to­wards a more flex­i­ble, ag­ile and in­no­va­tive on-de­mand, on-site skills based work­force, where peo­ple will show­case their skills to those that need them, and cre­ate a com­pe­tency-based, per­son­alised, life­long learn­ing model – one that can rapidly evolve to the chang­ing needs of busi­ness.”

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