Diversity and Inclusion Archives - The Future of Work Exchange

Talent Experts on FOWX — The Current and Future State of Direct Sourcing and More

Business Leadership Direct Sourcing Diversity and Inclusion HR Podcast Solution Providers Talent Technology and Innovation by John Yuva on 03/14/2024

Our “Talent Expert Series” on FOWX features podcast excerpts of today’s Future of Work thought leaders who appear on The Future of Work Exchange Podcast. The series continues with an excerpt from Season 7, Episode 15 featuring Christy Forest, CEO and Executive Director at LiveHire, who discussed the current state of direct sourcing, the future of this high-impact strategy, the reality of total talent management, and much more.

Click to listen to the full interview. Note that this excerpt has been edited for readability.

Christopher Dwyer: For this week’s edition of The Future of Work Exchange Podcast, I’m thrilled to welcome Christy Forest, CEO and executive director at LiveHire, for a discussion about the current and future state of direct sourcing, the role of skills-based hiring, and the ever-decisive concept of total talent management.

Christy, you’ve been in our space for a long time and have first-hand knowledge and expertise in our industry. Things are evolving rapidly, particularly workforce technologies which are very transformative these days. What are your thoughts on the workforce solutions market in general?

Christy Forest: The workforce solutions market is constantly evolving. It is this intermix of technology and humanity and all these different players in the ecosystem. Today, we’re seeing some structural shifts in skills coming through. And that’s about as old as time in how often that occurs. However, what’s different is that everything truly happens faster. It’s all about agility for corporates. We experienced this with COVID-19 in such a short period where some companies boomed and others busted. Presently, even if hiring is down, it’s the opportunity to adopt approaches that ready you for the rebound.

Organizations just keep pedaling hard and fast. And the workforce solutions industry is evolving rapidly to keep pace with that. We’re at a moment where executives are asking how they can move faster and smarter and evolve their organizations in the face of such change. Looking at the workforce solutions market through the lens of technology, it’s about what gives you visibility and data for insight to make good decisions as well as what gives you candidate and staff engagement because the (candidate and employee) power has shifted forever. It’s not going back. I think about those three things — the insights from data for better decisions, the engagement, and the speed of outcomes — that’s agility. Executives who are thinking about how they’re transforming in the face of change and partnering across the ecosystem are experiencing the evolution firsthand.

CD: Let’s shift now to direct sourcing. Data, intelligence, agility, and scalability are all hallmarks of direct sourcing. LiveHire has been a direct sourcing pioneer for over a decade. Where are we at with direct sourcing from a place of technology, maturity, and the like?

CF: It’s certainly been interesting to see the maturity and the evolution. One of the great things is the convergence on the definition of direct sourcing, which is a milestone in many ways. Along with this is also the commitment to scale when undertaking direct sourcing — it is not solely about cost savings. Scaling is so important and powerful.

At LiveHire, we make data-driven decisions and consider how our technology faces off at scale and delivers outcomes. For one client, we built a talent community of nearly 100,000 candidates within a year. Achieving a powerful talent community gives you quality and scale. When thinking about direct sourcing at scale and how our technology faces off, we’re constantly interrogating our data and examining it at a precise level level — how to achieve stronger recruiter productivity and candidate experience. Doing so at scale is what leads to corporate results.

CD: Defining direct sourcing is not straightforward. Simply having a curation partner or technology to build talent communities is not enough for a successful direct sourcing program. You need more than that. How can businesses be truly successful at direct sourcing?

CF: You first need to focus on the fundamentals. Be clear about direct sourcing and that it’s more than redeployment in a small part of your talent program. It is leveraging your brand at scale. There are three legs of the stool widely discussed: technology, a curation partner, and an EOR. You must have those pieces of the puzzle. However, go the next step and be willing to engage the hiring managers and drive an expectation and commitment to the program to establish a priority window and help the organization feel confident as the talent pools build and scale. We have found that an MSP can be a very strong partner in this effort. TAPFIN leads and champions this for its clients and does it very well. Having that dialog and success conversation that’s led by the data and insights relative to the talent in the pools is vital. Those are the biggest factors we’ve seen.

CD: As we look at the future of direct sourcing, where does it go from here? And why does it go there?

CF: The future needed now is if you’re not doing direct sourcing using your brand and adopting it at scale, then start there. Create a world where stronger candidates fit with the organization as well as offer a better experience for the candidate and hiring manager — and do it with cost savings in mind. What evolves from that is more data and insight into the potential of your workforce. The question is how do we use this information to lift our competitiveness? This opens an opportunity for HR and procurement to come together in a powerful way to answer that question. Ultimately, you want to bring those answers to the executive committee and the board showing how direct sourcing increased the enterprise’s competitiveness by being smarter with the data available and knowing what needs development to win. Candidate pools, skills, and on-demand insights help lead that conversation. This ultimately takes us back full circle to where you’ve got agility.

Click HERE to access the full podcast.

Employee Experience and the Power of Engagement

Business Leadership Diversity and Inclusion General Insights HR Talent by John Yuva on 02/29/2024

One business constant over the last four years is uncertainty. Whether it’s the economy, geopolitics, or the overall market, enterprises must contend with that sense of the unknown. As such, having a flexible and agile workforce is essential when market dynamics shift. Flexibility and agility often derive from employee experience (EX) initiatives. Organizations that prioritize employee experience are more internally aligned and can better pivot when needs arise.

However, essential to employee experience is understanding that it goes beyond employee satisfaction. Rather, it is a strategic imperative that directly influences organizational culture, success, and the ability to navigate an ever-changing business landscape.

Employee Experience Begins and Ends with Engagement

A core element of employee experience is engagement — with a lack of engagement consequential to an enterprise. For leading organizations, engagement begins in the recruitment/hiring phase where an emphasis on desired skillsets and cultural alignment contributes to talent retention; engagement is then prioritized through the last day of employment with workers serving as enterprise ambassadors in their next opportunity.

What are the consequences of low employee engagement? According to an article by Jim Harter, Ph.D., Chief Scientist, Workplace for Gallup, a 2023 survey of U.S. employee engagement of full- and part-time employees showed a 1% decline between mid-year (34%) and end-of-year (33%). This reflects an overall contraction of 3% compared to the annual high of 36% in 2000 when Gallup first began reporting U.S. employee engagement statistics.

A 1% mid-year decline and a 3% overall-high decrease may seem minuscule, but Harter points out the significance. “Each percentage point gain or drop in engagement represents approximately 1.6 million full- or part-time employees in the U.S.,” he writes. “Trends in employee engagement are significant because they are linked to many performance outcomes in organizations. Not engaged or actively disengaged employees account for approximately $1.9 trillion in lost productivity nationally.”

The bigger observation from the Gallup survey is that nearly 70% of organizations are not actively engaging with workers. This presents an even bigger challenge for their talent retention, productivity, and market competitiveness efforts.

A Thriving Employee Experience

Employee experience begins with a culture shift — one with an intentional and sustainable foundation. It is not a finite strategy, but rather an evolving enterprise mission. Today’s Future of Work paradigm encompasses many elements that contribute to a successful employee experience approach. The following are EX areas that can have the greatest benefit to an organization’s success, productivity, and overall well-being.

Remote and hybrid flexibility. Here at FOWX, we’ve talked extensively about remote and hybrid work. Since the pandemic, the flexibility to work remotely has become one of the biggest EX benefits. Many organizations made remote/hybrid work models a permanent choice for employees. However, over the last year, several of these same enterprises pulled back on remote work and implemented return-to-office mandates. The employee response was swift in some cases, with workers publicly protesting these decisions. Studies have shown that productivity increases with remote/hybrid work models and leads to improved employee well-being. Organizations should focus on providing tools that foster virtual team-building activities and creating policies that support work-life balance.

Employee empowerment. When workers are empowered to perform their jobs and advance their skillsets, it instills a sense of trust and greater employee satisfaction. As more organizations pursue digital transformation, they introduce new workflow technologies and platforms. These technology investments are to streamline processes, enhance productivity, and enable global collaboration. To thrive in this evolving digital environment, business leaders should empower workers with continuous learning opportunities, such as right-skilling, upskilling, and other training programs. This “people” investment contributes to a more positive and productive employee experience.

DE&I focus and promotion. Despite growing criticism and legislation surrounding diversity, equity, and inclusion (DE&I) initiatives, workers continue to value enterprises that actively promote DE&I and implement policies and programs to address existing gaps. Younger generations in particular expect organizations to align with societal expectations through the integration of diverse hiring practices and unconscious bias training. Such programs not only create a workplace where workers feel valued, respected, and recognized but can lead to higher levels of engagement and innovation.

Human-centric culture. When organizations prioritize their employees, the culture reflects this by placing importance on employee mental health and well-being. This generally requires empathetic leadership capable of addressing work-life balance issues that can lead to stress and burnout. A human-centric culture is an employee experience-first workplace, offering remote work opportunities, setting boundaries for work-related issues, providing mental health services and encouraging their use, and fostering a check-in management approach whereby managers meet with team members weekly to evaluate workloads and gauge overall well-being.

Employee experience is a central Future of Work topic that FOWX will continue following. How enterprises approach EX amid growing in-office mandates and DE&I criticisms is yet to be seen. However, there’s little denying that EX is an underlying factor in business success. At the end of the day, employees are the lifeblood of enterprises. How workers perceive their organization and culture is significant to productivity outcomes and overall organizational health. In today’s modern business environment, EX is essential.

The Future of Work 2024

Business Leadership Direct Sourcing Diversity and Inclusion Events by Christopher J. Dwyer on 02/13/2024

Back in December, the Future of Work Exchange hosted an exclusive webcast focused on the trends and strategies that would shape the world of talent and work in 2024. Opptly’s Lori Hock (CEO), Beeline’s Teresa Creech (Chief Corporate Development Officer), and Talent Solutions TAPFIN’s Bill Peters (VP of Global Workforce Strategy) joined me to discuss the current and future impact of artificial intelligence, the continued evolution of direct sourcing, the reality of total talent management, the criticality of diversity, and much more. If you missed the webinar, check out an on-demand replay below:

Future of Work 2024: Predictions for the Year Ahead (Part III)

Business Leadership Contingent Workforce Direct Sourcing Diversity and Inclusion General Insights HR Solution Providers Talent Acquisition Technology and Innovation by Christopher J. Dwyer on 12/27/2023

The Future of Work Exchange continues its series on 2024 Future of Work predictions, courtesy of the industry’s brightest thought leaders and executives. The below insights are peeks into what the year ahead may bring for organizations across the globe regarding talent, technology, and work optimization. (Read Part I and Part II of our predictions series.)

“Peak AI hype will fade. However, the most innovative and competitive companies will take on the true challenge of AI’s digital disruption – its people. The paramount skill sought by companies will be “good judgement,” elevating it from a soft skill to a crucial human-in-the-loop necessity. Companies will realize that their AI adoption challenge isn’t access to technology, it’s access to people with the skills and bandwidth to stand up the programs. – Tim Sanders, VP of Client Strategy, Upwork

“2024 will see increased dissolution of silos between extended and FTE workforce management, accelerated by integrative technologies and the demand for more flexible, high-impact talent strategies.” – Jeff Mike, Head of Insights and Impact at Flextrack

“Classifying independent contractors (and avoiding misclassification) will be even more crucial in 2024. Compliance risk is always a concern when engaging a large contingent workforce. Growing companies may mistakenly classify someone as an “independent contractor” when that person should technically receive the benefits of “employment.” U.S. labor laws are becoming more specific, with a new proposed Six-Factor “Economic Realities” Test to determine worker status on the horizon. Companies must be mindful of labor laws and IC classification, as each country (and even each U.S. state) has its own nuances. Misclassifying employees as independent contractors carries risks and penalties, including fines, jail time, or being banned from talent acquisition in that country. Cover your compliance bases in 2024!” – The Team at WorkSuite

“A lot of excitement around AI and the Future of Work is still about how it’s generating efficiencies and improvements. But, as companies go past that initial fervor and move towards a more strategic transformation there’s going to be even more demands on finding skills, upskilling and shaping a new look organization. Businesses will need to learn from digital transformation and recognizing that as work changes, an extended workforce is more able to have the skills to plan and deliver those changes.” – Sandeep Dhillon, CEO, Talmix

“The era of corporate monoculture is over. Gen Z is the most culturally aware, globally-connected generation we’ve seen, and they bring a variety of backgrounds, skills, and expectations to the workplace. For 2024, expect far less desire to conform and a greater emphasis on customizable benefits and perks, along with increased consideration of mental health and ethics. The one-size-fits-all, US-centric approach to culture building will be replaced by employee-driven, bottom-up programs that prioritize self-directed engagement and cross-cultural learning. As part of that, executives will need to be trained on cross-culture (and cross-generational) communication. This is a generation that has learned to set their own rules and build skills on the fly, evolving and learning alongside the technology they used to study and connect. Now that they’re in the workplace, Gen Z doesn’t want to be micromanaged; they crave trust, autonomy, and flexibility in their work. Given freedom to experiment, this generation will continue to reinvent the way we look at work, including working remotely, hybridly, and independently as preferred career choices.” – Jessica “JJ” Reeder, Director of Remote Organizational Effectiveness, Upwork

“The proliferation of artificial intelligence as viable and accretive to decision-making has been remarkable to witness this year. The toothpaste is fully out of the tube and there’s no turning back. What’s interesting to see, however, is how some of our predictions last year on the impact of AI on the workforce evolved with the benefit of hindsight. It was originally thought that AI would have an outsized impact on front-line work and those in traditionally blue-collar roles, perhaps as automation took hold in factory and warehouse settings, but as it turns out, many are predicting a greater degree of disruption on IT and marketing roles, which could have profound implications on we view job roles and structures, especially in tech. Conversely, I predict that AI will be beneficial to industrial staffing and the supply chain workforce ecosystem as we realize with increasing confidence how certain job functions aren’t easily performed by anyone other than highly-skilled human beings. There’s a combination of judgment, experience, intelligence, and physical dexterity that coexists seamlessly within the skilled trades, and that’s a confluence of assets that we haven’t yet seen AI capable of credibly pulling off, nor do I see that as likely in the near future.” – Vinda Souza, VP of Corporate Communications, Employbridge

“I expect to see increasing collaboration and maybe even consolidation of traditional parts of the ecosystem with some of the newer entrants. The recently-announced Upwork partnerships with VMS providers have beaten the New Year’s Eve chimes, and I’m sure we’ll see more marketplaces embedded with MSP partnerships and VMS integrations, as the enterprise puts more emphasis on the extended workforce, and wants to bring all the components together. We’re describing 2024 as the year of the grown-up talent marketplace, and instead of competing against centralized programs, they’ll be a part of it.” – Dorothy Mead, VP of Marketing and Brand, Talmix

“Distributed work is going to continue to grow and become “smarter” as we all learn how to work differently. Technology is only getting better at connecting us and removing friction that remote work used to have e.g. dropped calls, lack of knowledge-sharing tools, etc. In fact, according to our recent research, days in the office do not directly correlate to higher performance because trust and flexibility are at the core of fostering distributed teams. As people analytics continues to mature as a discipline, thanks in large part to AI, we’ll be able to better customize work arrangements based on data, allowing for greater individualization of work.– Dr. Kelly Monahan, Managing Director, Upwork Research Institute

“Recruitment technology companies have been trying to solve the problem of shift scheduling for years, with varying degrees of success. Now that we’ve reached a tipping point, I predict that AI will help effectively connect candidates with gig work opportunities that not only match their skill sets, but also accommodate their scheduling preferences – and it will be quick and seamless. All of this ties into a broader theme of mobile platforms and artificial intelligence making life easier for workers – to find, apply for, and manage multiple gig jobs, but most importantly, to offer greater flexibility and control over their work lives and futures. Over the past several years we’ve seen increasing consolidation across the staffing ecosystem and the infusion of private equity into staffing, although that cooled somewhat in 2023. For next year, I anticipate that AI-driven efficiencies and advancements in experience design will lead to further market consolidation, with larger staffing firms acquiring and/or integrating with smaller, specialized firms that shore up gaps in segmentation or technical capability. This consolidation, in turn, will ideally lead to a more unified jobseeker experiences, giving candidates broader access to varied job opportunities through the availability of fewer, but more feature-rich and extensible, platforms.” – Colin Mooney, Chief Transformation Officer, Employbridge

Future of Work 2024: Predictions For The Year Ahead (Part II)

Business Leadership Contingent Workforce Direct Sourcing Diversity and Inclusion General Insights Talent Talent Acquisition Technology and Innovation by Christopher J. Dwyer on 12/19/2023

“The workforce solutions landscape is evolving rapidly, driven by the impact of AI and its present and future influence on comprehensive total talent solutions. In this dynamic environment, the industry is positioned to break existing boundaries, harnessing technology in new and innovative ways. Emerging are more robust ecosystems that will provide integrated, transformative solutions. The widespread adoption of AI is set to reshape the course of the industry, empowering companies to excel in a fiercely competitive, skills-based talent market. The compelling combination of AI and human expertise is positioned to further reduce friction between talent and work, advancing the industry and effecting positive change.”– Lori Hock, CEO, Opptly

“The healthcare landscape is evolving rapidly. Forget cookie-cutter approaches to recruiting and retaining top-tier clinicians in 2024. Expect facilities to embrace personalized staffing solutions – flexible schedules, internal gig options, and tailored international recruitment. It’s a dynamic ecosystem, and specialized support companies, with their diverse technology and services, will be vital partners for healthcare organizations navigating this terrain.” – Matt Jensen, SVP Client Services, RightSourcing by Magnit

“2024 is the year we’re going to see practical potential unleashed with artificial intelligence on HCM processes, including enabling more sophisticated job-candidate matching beyond the algorithmic matching of today. We’ll also start to see deep learning being leveraged to analyze a candidate’s skills, experiences, and preferences, to not only materially generate better job matches but also potentially improve on-the-job performance. Meanwhile, I expect that predictive analytics will help on the client side by better forecasting labor market trends, allowing staffing firms to not only proactively align candidates with appropriate future opportunities, but also identify new talent pools and segments with increasing demand.” – Colin Mooney, Chief Transformation Officer, Employbridge

“High5 anticipates a rising trend in organizations embracing direct sourcing platforms to engage talent directly, bypassing conventional recruitment methods and facilitating agile hiring processes. The emphasis will also shift more towards conversational vetting, which goes beyond conventional skills challenges. Moreover, in today’s landscape, connecting with passive candidates will have a heightened significance in 2024. We see technology, such as High5, playing a pivotal role in this scenario, enabling organizations to leverage digital tools for targeted outreach, personalized communication, and efficient talent relationship management.” – Kara Kaplan, CEO, High5

“In 2023 we saw the first few raindrops of AI but I think that as we step into 2024, we should prepare for the downpour of impact, as AI, Machine Learning and Automation continue to transform our industry. These advances in technology mean that people will become increasingly free of admin burden, allowing us to focus on more of the strategic and relationship-based elements of our work.” – Andrew Erlichman, VP, Sales/Channel Partner Strategy, Guidant Global

“In 2024, a significant shift, perhaps a ‘Great Rebalancing’, seems imminent within the contingent workforce sector. Large corporations will grapple with challenges in attracting top-tier talent due to the lingering impact from layoffs, return-to-office mandates, and weakened diversity initiatives. Astute companies will take note of the cost of reputational damage and rather than solely focusing on imposed resource constraints and rate reductions, forward-thinking companies will redirect their emphasis towards evaluating savings by prioritizing risk mitigation. Their focus will shift towards avoiding legal disputes or negative publicity, acknowledging the preservation of reputation holds substantial value in cost-saving measures. Meanwhile small and mid-sized firms, leveraging their nimbleness, will swiftly attract superior talent, driving business growth and opening the door for greater investment in innovation. These entities will excel in integrating AI into workforce strategies, navigating M&A activities, and fostering inclusivity among the contingent workforce. Service providers mirroring this agility are poised to revolutionize how buyers source and manage contingent workers, heralding a more balanced standard for human-centricity within workforce decisions. This evolution entails greater integration between all workers regardless of their classification and will drive a focus on discussing ‘total talent’ as a practical solution.” – Cara Kresge, Chief Revenue Officer,

“While we are confident that AI will become more embedded in the recruiting process, we believe there will be more emphasis on how to do so in order to ensure there are fair, equitable and ethical outcomes. When it comes to recruiting, there is unconscious bias in how people make their hiring decisions. AI models can reinforce this bias, leaving candidates, like moms and women of color, at a disadvantage. It is important to design models to avoid assumptions and biases by excluding data such as historic hiring outcomes or gaps and potential exclusionary characteristics. Companies that take a more human-modeled approach whereby modeling is designed by what we learn from recruiters, for example, can reinforce tactics that produce more ethical results and decrease tactics that do not. We will continue to see a significant uptick in AI experimentation in the coming year, so the challenge for companies is to not only help minimize bias as we learn, but avoid excluding or overlooking qualified candidates, potentially missing out on highly qualified people who can provide great value to your company.” – Jess Dominiczak, Chief Product Officer, The Mom Project

“2024 will be the year that talent professionals fully adopt and incorporate automation and artificial intelligence into their recruitment strategies. In 2023, we saw many staffing and recruiting professionals explore and discover how generative artificial intelligence such as ChatGPT can boost efficiency. However, to keep pace with the industry in 2024, firms will need automation and artificial intelligence to power their entire recruitment processes, from front end to back end. As a result, staffing and recruiting teams will be able to quickly hire top candidates, build strong talent pipelines, engage candidates more effectively, and generate more actionable data about their talent-acquisition and job-fulfillment efforts. Automation and artificial intelligence will no longer be nice-to-haves; they’ll be must-haves, especially as firms continue to navigate a fluid economy and an ongoing talent shortage.”– Sameer Penakalapati, Founder and CEO, Ceipal

Future of Work 2024: Predictions For The Year Ahead (Part I)

Business Leadership Contingent Workforce Direct Sourcing Diversity and Inclusion General Insights HR Solution Providers Talent Talent Acquisition Technology and Innovation by Christopher J. Dwyer on 12/18/2023

It’s that time of year again when we leverage our insights and experiences from the year that was to effectively look forward to the months ahead. The Future of Work Exchange is excited to share a variety of commentary from thought leaders and executives from across the industry. Today is the first in a multi-part series that will run through the end of next week.

“In 2024, we will see real examples of total talent management (or total workforce optimization) where organizations use newly available tools to get visibility into their entire workforces and use that to drive both better decision-making and to ensure compliance with an increasingly complex regulatory environment.” – Brian Hoffmeyer, SVP of Market Strategies, Beeline

“The Future of Work demands a cognitive contingent workforce management platform, a central nervous system for talent that orchestrates every channel. This platform won’t just hire; it will predict, adapt, and learn — anticipating your needs and delivering the right talent, right when you need it. Human expertise augmented by AI will create a workforce that’s nimble, responsive, and thrives in a constantly evolving landscape.” – Vidhya Srinivasan, Chief Product and Marketing Officer, Magnit

“2024 will be the year that differentiated talent sources start to become more accessible through a single point of entry. VMS platforms, Direct Sourcing platforms, and Marketplace aggregators will become better integrated, allowing organizations to have more coordinated access to all types of contingent labor (contract, consultant, gig, freelance, SOW).” – Kevin Leete, Senior Director of Sales, WorkLLama

“The contingent labor market presents the greatest opportunity for disruption. Over the past decade, we have seen only incremental changes as the value of this workforce segment is increasingly recognized. The need for agility will only continue to grow and when paired with increasing talent shortages, organizations need to broaden their view and approach to ensure their workforce strategies will be both competitive and sustainable.” – Amy Doyle, Global Leader, SVP, Talent Solutions TAPFIN

“AI will benefit the workforce by creating more jobs, improving efficiencies, and powering our imagination to rethink how we work.” – Sunil Bagai, CEO, Prosperix

“In 2024, we expect to see RPO making a comeback and more organizations will leverage their employer brand to attract and engage contingent labor through technology-enabled talent communities and direct sourcing. Unsurprisingly, services procurement is also high on the agenda, given it represents a largely untapped opportunity for procurement to drive huge strategic and efficiency gains as well as cost savings. All of this will pave the way for a more integrated approach to workforce solutions and dare I say it, possibly even total workforce solutions.” – Sara Gordon, SVP Client Relationships, Guidant Global

“Everyone loves a good headline and nowhere more so than tech, where we were inundated in 2021-22 by stories of ‘Quiet Quitting’ and the ‘Great Resignation,’ and of course, the ubiquity of remote work in a COVID-informed knowledge work ecosystem. First, let’s not forget that from the vantage point of the supply chain, most of the talent that support this incredibly robust ecosystem have been working onsite without interruption before, during, and after the pandemic. But for traditionally office-based professionals, a lot has changed in 2023. The pendulum has swung away from white-collar talent and if not directly toward employers, then to somewhere abstract that seems relatively inaccessible to either party. The ‘Great Resignation’ has been replaced by the ‘Great Reckoning’ – a realization that forcing computer-reliant workers back to the office, when they’ve proven historically that they can be effective working remotely – will result in neither increased satisfaction nor increased productivity.

Also, all these RTO mandates conflate work volume with visibility and suggest a level of short-term memory recall. Back before the pandemic, in tech at least, we spent most of our time in an office, but we weren’t particularly heads-down. There were a lot of lunches out, a lot of chit chat in meeting spaces, and a lot of running out midday to go to the gym, meaning that productivity can be higher when those things aren’t a convenient option. That being said, the concept of culture in a world of remote knowledge work is tricky, for precisely that reason. People are working incredibly hard remotely, grinding as it were, without being able to interface with people face-to-face or separate their home and work worlds. That leaves us collectively on the precipice of burnout and contributes to an already epidemic amount of loneliness. For 2024 I predict a radical refocusing on creating cultural connection, leveraging technology and the platform ecosystem to generate and cultivate stronger bonds between people, greater alignment and efficiency, and an increasing level of honesty and authenticity around the concept of identity and fulfillment within a professional context.” – Vinda Souza, VP of Corporate Communications, Employbridge

DE&I and Balancing Business and Human Imperatives

Business Leadership Diversity and Inclusion General Insights HR Podcast Solution Providers Talent by Christopher J. Dwyer on 09/21/2023

The Future of Work movement would not be what it is without Diversity, Equity, and Inclusion (DE&I) playing a significant part in the paradigm. A decade ago, diversity was associated more with supplier initiatives focused on Minority- and Women-Owned Businesses. The term has evolved and expanded into DE&I where the human element is now the priority.

A recent Future of Work Exchange Podcast hosted by Christopher Dwyer, managing director for FOWX, featured Rocki Howard, chief equity and impact officer for The Mom Project, who discussed the role and impact of DE&I on the Future of Work movement.

The Mom Project is a digital talent and community platform serving 1.2 million users (the majority being moms as well as over 3,000 companies from small- to medium-sized businesses to Fortune 500).

This article recaps some of that discussion. Note that this excerpt has been edited for readability.

Christopher Dwyer: While the Future of Work relies on technology and innovation, it also brings focus to the humanity of the worker. Workers crave flexibility — not just work-life balance — but also work-life integration. Describe what the renewed interest in workers being people not just commodities means to you.

Rocki Howard: Often when I’m speaking and coaching about diversity initiatives and what makes them sustainable, there are two core components to consider. You have to consider diversity as a business imperative and as a human imperative. When I made the purposeful pivot in my career to focus on diversity, equity, inclusion, and belonging (DEIB), one of the things I found was that many companies were focused on the systemic issues that take place or that need to be fixed and then take place. And that is critical and important, and we have to do it.

But one of the things that I was extremely disappointed by was the lack of conversations that were happening around people. Not talking about what is the experience for Rocki Howard as she works for company XYZ and how that should impact how we are recalibrating our systems at work and how we treat people. Because there has been a power shift in terms of the world of work. Employers used to hold all the power. That’s no longer the case. There needs to be a partnership.

Quite frankly, that’s one of the reasons I came to work for The Mom Project. Our mission is always about people. We’re always talking about mom and how we can support mom. Even when we think internally at The Mom Project, we listen to the voices of the people who work for us. We’re not trying to create systems or programs in a checkbox or in a performative way.

Even as we partner with organizations, we are looking for those who have respectful workplaces and respect the voices of moms and their dual working status. It can’t just be the business imperative. The human imperative has to be there as well. For companies that are going to get this right, it can’t be just about the human imperative either. There has to be a balance between the business imperative and the human imperative.

CD: There are many organizations that have their hearts in the right place, but they don’t know where to start with a DE&I initiative. They want to be more diverse in the way they think as well as have more diverse voices in their organization, while also being more inclusive. Based on your vast experience, knowledge, and expertise, how should businesses recalibrate the way they think about DE&I?

RH: I could talk for hours on this topic. First, you need to start with an honest assessment of what diversity means within your particular culture. Begin with the end in mind. When you define success in your organization, what does that look like? What pillars of diversity do you want to focus on? Have you talked with your employees? When I started at The Mom Project, I spent significant time doing focus groups with various employees asking questions about how authentic they thought our initiatives were. What did they want to see? What was important to them? What would make them proud as we move forward? I don’t think we spend enough time doing this. Often, we fall into comparison syndrome where if X company is approaching diversity a certain way, then we should be doing that. But that may not be what works for your specific environment.

Second, I think we need to start moving towards integrated DEIB solutioning. There’s been a tremendous amount of focus on DEIB during the recruiting cycle, but we haven’t moved beyond that through the talent management lifecycle. That’s important for us to do. One of my clients once said they couldn’t recruit their way out of the problem. However, if they’re not thinking about the experience throughout the lifecycle, then they’re not going to reach equity, inclusion, and belonging. They won’t see successful sustainable initiatives as a result.

Lastly, DEIB is not a singular “problem to solve.” We need to be more collaborative. It is not something that can be solved by one person or one company as a competitive advantage. Coming together as a global community as we work together to solve this is going to be important as will leaning on partnerships with organizations like The Mom Project. Everyone has a role to play. And no one can be removed from the conversation. When I think of companies that are at the starting line, those are the conversations to get started. And then you drive everything else from there.

CD: When we look at the landscape (i.e., workforce solutions and the talent acquisition industry) a year from now, where do you feel DE&I and diversity as a whole will be?

RH: That question is one that keeps me up at night. We’re starting to see an erosion of diversity resources, whether it’s people, money, or time resources. But what I’m really hopeful of is that we’re not going to take steps back. Collectively, I think society and our communities are going to hold us accountable for the promises that we’ve made to continue to move forward. If there’s one hope I have for DEIB initiatives moving forward, is that we crack the frozen middle. Many times where diversity initiatives go to die within our organizations is at middle management. What I’d like to see is for us to crack that frozen middle and get our middle managers involved and integrated into being inclusive leaders. I think the leadership framework must change. And we must crack that frozen middle in order to have real impact. That’s what I’m hoping we will see moving forward.

Optimize Your Workforce with Recession-Proof Strategies, Part Three

Business Leadership Contingent Workforce Diversity and Inclusion General Insights HR Talent Technology and Innovation Uncategorized by John Yuva on 08/17/2023

Today concludes our three-part series exploring several contingent and workforce strategies to achieve a recession-proof enterprise.

We’re now two months into the second half of 2023 and economically speaking, things are looking positive. The Bureau of Economic Analysis reports that GDP grew 2.4% in the second quarter of 2023. The labor market remains tight with unemployment at 3.6%, a rate not witnessed in decades. However, according to the U.S. Bureau of Labor Statistics, the tight labor market provides the Federal Reserve with the flexibility to continue raising interest rates to fight inflation. Currently, inflation rests at 3%, a percentage point higher than the Federal Reserve’s longer-run goal of 2%.

Does the state of the current U.S. economy equate to a “soft landing” and the evasion of a recession? Maybe, maybe not. Due to the expectation of continued interest rate increases and the potential ramifications, uncertainty remains among executives and their enterprises. Thus, many are considering strategies over the next six to 12 months to recession-proof their critical workforce and their organizations.

Let’s begin part three by exploring employee engagement and how that dovetails into workplace visibility and intelligence and better workforce decision-making.

Prioritize Employee Engagement and Experience

Enterprises successful with total talent management initiatives credit prioritizing employee engagement and experience. Engagement and experience begin at the first touchpoint between job candidates and the organization. Candidates gain an understanding of the workplace culture and workforce priorities. This only carries through as an employee where communication, collaboration, DE&I, flexible scheduling, and wellness programs are emphasized and implemented. When workers understand the criticality of contingent to permanent employee engagement, instituting surveys, focus groups, and other feedback mechanisms for data gathering and workforce improvement are accepted and valued. Those analytics enhance the employee experience and provide strategic insights for enterprise operations.

Enhance Workforce Visibility and Intelligence

Implementing employee surveys and leveraging HR systems and similar technologies are essential to gaining greater workforce visibility and intelligence. The process should begin with three main focal areas. First, define the goals and metrics the organization wants to achieve. Is it attracting more skills-based candidates? Improving workforce productivity? Reducing turnover rates? Optimizing workforce resources? With those metrics defined, KPIs can be established to measure progress and achievement.

Second, ensure that data collection occurs in a centralized system for ease of analysis and interpretation. Data is likely to come from several disparate systems that when analyzed together reveal unknown insights. HR data combined with performance metrics can show correlations between training and productivity, for example.

Third, today’s integration of artificial intelligence and machine learning technologies is integral to sifting through volumes of data for meaningful insights and patterns. Use these analytic tools and similar platforms to streamline data synthesis and transparency.

Utilize Workforce Data and Intelligence for Better Decision-Making

With data residing in a centralized data warehouse, HR and business managers can leverage such data and intelligence to enhance employee engagement programs and optimize enterprise workforce operations. Talent strategies around recruitment, acquisition, and retention are prime areas where optimization can occur. How is the enterprise projecting itself in the marketplace to attract candidates? Is direct sourcing driving a large percentage of the acquisition strategy? If so, what channels are being underutilized? Are there strategies to keep valuable employees engaged?

Most importantly, use workforce intelligence for better planning and resource allocation. Combining historical data with market trends, enterprises can better predict future staffing needs. It provides a proactive approach to addressing skill shortages or overages and optimizes resource allocation to meet business demands efficiently.

While economic uncertainty remains, enterprises can better prepare their workforce for the unexpected with strategies that foster agility, resiliency, and flexibility. Recessions are not a matter of if but when. Strengthen your workforce today for any disruption — economic or otherwise — that may occur tomorrow.

HR Transforms into FOW Advocate

Business Leadership Contingent Workforce Diversity and Inclusion General Insights HR Procurement Talent Talent Acquisition Uncategorized by John Yuva on 07/20/2023

Human resources as a function is experiencing a transformation as the Future of Work paradigm extends into more enterprises. Previously a benefits-focused department, HR is now regarded as a strategic partner in attaining business goals and objectives. Chief human resources officers are now tasked with leading total talent management efforts across the organization, ensuring the right talent is at the right place at the right time.

Growing Priorities, Balancing Demands

The Future of Work includes many tenets from flexible works models (remote and hybrid) to work/life balance considerations to diversity, equity, and inclusion (DE&I) programs. HR must now balance those priorities, along with talent acquisition and talent management demands that align with the current and future needs of the enterprise. That’s no small feat!

With contingent labor comprising nearly 40% of the total workforce, according to Future of Work Exchange research, HR must collaborate cross-functionally to not only understand staffing needs but the skillsets behind those roles. HR has evolved where partnerships with business managers and executive leadership are essential to the future competitiveness of the enterprise. In many ways, HR is now becoming the central role for both workplace and enterprise strategy execution.

In an article for Forbes, Joey Price, CEO for Jumpstart: HR, writes: “What’s the secret behind high-performing organizations? They are most keenly aware of the critical role that their organization’s human resources function plays in activating its overall success. If you think human resources is just a support system (*cough* “back office” *cough*) for your business, it’s time to reimagine your relationship.”

HR Impacts on FOW

HR’s impact on the Future of Work cannot be understated. It holds the keys to the execution success of Future of Work strategies. With that in mind, let’s look at several FOW areas where HR has a growing influence.

1) Human Capital Initiatives

Human resources is a human capital-intensive function. As such, building initiatives that increase employee engagement and promote a positive work culture are critical responsibilities for HR managers and executives. At the forefront of those efforts are diversity, equity, and inclusion (DE&I) initiatives. With more employees working remotely or in a hybrid work model, enterprises are attracting candidates on a global scale. Thus, the workforce today is a melting pot of different cultures, backgrounds, and lifestyles. Leveraging such diversity means developing DE&I initiatives that provide a sense of belonging and community — leading to an engaged and supportive workforce culture.

2) Work Model Influencers

The COVID-19 pandemic ushered in remote work and transformed how and where work gets done. In the last year, however, several large corporations reversed their remote work policies and asked those employees to return to the office. HR leaders are in a position to influence and advocate for remote and hybrid work models, understanding their importance to work/life balance and inclusion issues. The essence of the Future of Work is a workplace that incorporates a variety of work models to meet the needs of a talented and global workforce. Driving such policies and using data to support remote and hybrid work models is at the core of HR.

3) Talent-Centric Mentality

How and why HR sources candidates are evolving — leading to a focus on skills-based hiring. The mentality is shifting from filling a job vacancy as if it’s a commodity to truly choosing candidates based on specific skillsets that align with the strategic growth of the business. The expanding extended workforce also places more emphasis on skills and competencies than ever before. The gig economy is an ever-increasing talent pool for HR to leverage for their organization. Thus, contingent workforce management is essential to building the appropriate talent pipeline that attracts contingent candidates and retains them for ongoing strategic initiatives.

4) Balance Through Total Talent Management

As enterprises transition to skills-based hiring, it’s a natural progression toward total talent management. HR’s workforce partnerships with cross-functional business managers must encompass the totality of a department’s budget. Partnering with procurement on talent acquisition and contingent workforce management helps ensure personnel budgets remain within scope. Understanding talent spend to truly optimize the hiring of contingent labor is critical. Total talent management brings transparency to all the elements of what goes into talent acquisition. It ultimately prevents going over budget on a hire, while ensuring the enterprise achieves its talent needs.

Human resources is now much more than an administrative department focused on benefits pricing and offerings and filling vacant positions. Rather, it’s a strategic function building partnerships enterprise-wide to better achieve workplace and organizational goals while advancing and advocating Future of Work initiatives.

Soft Skills Becoming the ‘Real Skills’ in the Workplace

Business Leadership Diversity and Inclusion General Insights HR Talent by John Yuva on 06/19/2023

For enterprises to succeed today, it requires a focus on skills beyond the vocational. This doesn’t imply that sales, procurement, or financial expertise are unnecessary or less important to an organization’s operational success. Rather, it means that “soft skill” attributes are now equally critical as hard skills within the workforce. In the competitive marketplace, agility, flexibility, and resilience are imperative to weather ongoing volatility and uncertainty. What enables this? It is soft skills, or as Seth Godin, entrepreneur, best-selling author, and speaker, calls them — real skills.

Soft Skills Transformed

The growing criticality of soft skills seems a natural part of the Future of Work transition. Skills such as empathy, communication (oral and written), adaptability, collaboration, leadership, and strategic thinking are now table stakes for managers and executives. However, it’s no longer the higher ranks where real skills are necessary and desired. These skills are now core attributes for any role in today’s organizations. Imagine a workplace where, regardless of role, soft-skill development was an integral workforce strategy.

This means that real skills such as communication, collaboration, and strategic thinking are occurring at every enterprise level and among employees and project teams. Essentially, soft skills become core principles that drive organizational success and competitiveness. Making that vision a reality, however, requires a shift in executive behavior.

Progress Begins Today

There is evidence that much work must be done. Godin notes in an excerpt from his book The Song of Significance: A New Manifesto for Teams, that …“69% of managers are uncomfortable communicating with their employees.” This is a startling number. Communication skills at the managerial level are essential for communicating strategy, responsibilities, and performance effectiveness. Lack of communication severely impacts collaborative efforts and strategic decision-making.

Remarking on the statistic, Godin says, “Communicating with employees is uncomfortable because we’ve built systems of compliance and dominance that make it difficult. We ask people to leave their humanity at the door, then use authority to change behavior. We overlay corporate greed and short-term thinking with a human desire to create work that matters.”

Instead, the Future of Work paradigm promotes empathetic leadership that supports open communication and professional growth. The systems reliant on compliance and dominance are transitioning into workplace models that value teamwork and innovative approaches to solving enterprise challenges.

Everything Can Be Taught

It is often believed that only vocational skills can be taught. This is simply not true. Even Godin says leaders “underinvest in this [soft skills] training, fearful that these things are innate and can’t be taught.” Nothing could be further from the truth. Environmental factors as well as our own experiences with managers can shape how we communicate and problem-solve.

An enterprise that embraces an inclusive and diverse workplace can be successful in training employees in real skills. With behaviors modeled and supported by the executive suite, employees are more inclined to adapt and follow the lead of those they look to for guidance. Soft skills are real skills with real strategic impact. Model, train, and reinforce the power of soft skills in every organizational environment.

This article is one of several we’ve covered on soft skills. The Future of Work Exchange recognizes that real skills have real impacts on the Future of Work and workforce strategies. As more enterprises focus on soft skills as critical attributes to employment candidacy, it opens doors to technologies to better measure real skill competencies and performance. Those innovations will only strengthen how organizations source, hire, and retain their workers.