The Future of Work Exchange https://futureofworkexchange.com/ The Future of Work Starts Here! Thu, 07 Nov 2024 14:08:26 +0000 en-US hourly 1 https://wordpress.org/?v=6.7 https://i0.wp.com/futureofworkexchange.com/wp-content/uploads/2021/07/cropped-arctic-fox.png?fit=32%2C32&ssl=1 The Future of Work Exchange https://futureofworkexchange.com/ 32 32 194756958 RTO Mandates Lead to Hushed Hybrid Trend https://futureofworkexchange.com/2024/11/07/rto-mandates-lead-to-hushed-hybrid-trend/ Thu, 07 Nov 2024 14:08:26 +0000 https://futureofworkexchange.com/?p=4423 Now in year three of our post-COVID-19 world, enterprises that once embraced and supported remote and hybrid workforce models are beginning to pull back — in some cases substantially — from their earlier commitments. Over the last year, corporations such as Disney, JPMorgan, Goldman Sachs, and most recently Amazon are instituting strict return-to-office (RTO) policies […]

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Now in year three of our post-COVID-19 world, enterprises that once embraced and supported remote and hybrid workforce models are beginning to pull back — in some cases substantially — from their earlier commitments. Over the last year, corporations such as Disney, JPMorgan, Goldman Sachs, and most recently Amazon are instituting strict return-to-office (RTO) policies where employees are now required to be in the office five days per week. What are the motivations behind such policies and are they warranted? Even more striking is the resistance of many employees to RTO mandates — and how that is likely to play out in the year ahead.

RTO Motivations Warranted?

The U.S. Career Institute reports that by 2025, up to 36.2 million Americans will be working remotely. Currently, 54% of workers want to work fully remotely, with 41% preferring a hybrid schedule, followed by 5% who would choose to work in the office full time. Despite the statistics, enterprises instituting RTO policies (e.g., a return to office in some capacity, three times per week, or permanently) argue their necessity to improve productivity, strengthen collaboration efforts, and drive deeper innovation.

The rest of this article is available by subscription only.

Introducing a New Subscription Model

To continue providing valuable insights and resources on the future of work and extended workforce management, we’re transitioning our site to a paid subscription model. While some posts will remain free, subscribing will grant you exclusive access to in-depth analysis, market research, expert interviews, and actionable strategies that will help improve your business. Solution providers and practitioners are invited to join today and gain a competitive edge by tracking the industry’s important innovations, emerging trends, and best practices.

Click here to learn more.

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Happy Halloween! 🎃👻🐈‍⬛ https://futureofworkexchange.com/2024/10/31/happy-halloween-%f0%9f%8e%83%f0%9f%91%bb%f0%9f%90%88%e2%ac%9b/ Thu, 31 Oct 2024 11:35:23 +0000 https://futureofworkexchange.com/?p=4393 The Future of Work Exchange would like to wish everyone a fun, safe, and enjoyable Halloween! 💀🎃🍬🕸️

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The Future of Work Exchange would like to wish everyone a fun, safe, and enjoyable Halloween! 💀🎃🍬🕸

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Artificial Intelligence Mitigates Unconscious Bias in Hiring https://futureofworkexchange.com/2024/10/31/artificial-intelligence-mitigates-unconscious-bias-in-hiring/ Thu, 31 Oct 2024 11:02:22 +0000 https://futureofworkexchange.com/?p=4391 Today’s remote and hybid workplaces means access to a diverse and globally connected talent pool — one where the importance of equity and inclusion is stronger than ever. Standing in the way, however, are traditional hiring processes, coupled with ongoing controversies surrounding diversity, equity, and inclusion (DEI) initiatives that can enable rather than reduce the […]

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Today’s remote and hybid workplaces means access to a diverse and globally connected talent pool — one where the importance of equity and inclusion is stronger than ever. Standing in the way, however, are traditional hiring processes, coupled with ongoing controversies surrounding diversity, equity, and inclusion (DEI) initiatives that can enable rather than reduce the influence of unconscious biases in talent decision-making. The answer to overcoming these challenges and improving equity in hiring may lie in artificial intelligence (AI). AI tools can introduce impartiality into talent decisions and processes, mitigating the effects of unconscious bias.

Unconscious Bias Lives in Us All

To quell unconscious bias, one must understand it first to later recognize its presence. The University of California San Francisco (UCSF) defines unconscious biases as “social stereotypes about certain groups of people that individuals form outside their own conscious awareness. Everyone holds unconscious beliefs about various social and identity groups, and these biases stem from one’s tendency to organize social worlds by categorizing.” Unconscious biases include affinity bias, confirmation bias, conformity bias, and gender bias.

The rest of this article is available by subscription only.

Introducing a New Subscription Model

To continue providing valuable insights and resources on the future of work and extended workforce management, we’re transitioning our site to a paid subscription model. While some posts will remain free, subscribing will grant you exclusive access to in-depth analysis, market research, expert interviews, and actionable strategies that will help improve your business. Solution providers and practitioners are invited to join today and gain a competitive edge by tracking the industry’s important innovations, emerging trends, and best practices.

Click here to learn more.

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Learning from the Past to Build the Workplace Cultures of the Future https://futureofworkexchange.com/2024/10/30/learning-past-workplace-culture/ Wed, 30 Oct 2024 13:05:40 +0000 https://futureofworkexchange.com/?p=4388 I can’t help but be a person that is incredibly nostalgic. As the holiday season approaches, I frequently think of my childhood days and the experiences that shaped me and made me the person I am today. While my memories at this time of year are appropriately focused on trick-or-treating in suburban Massachusetts as a […]

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I can’t help but be a person that is incredibly nostalgic. As the holiday season approaches, I frequently think of my childhood days and the experiences that shaped me and made me the person I am today. While my memories at this time of year are appropriately focused on trick-or-treating in suburban Massachusetts as a youth, there are also memories that are more, let’s say…business-focused.

I’m lucky enough to have spent the past 18 years of my career at two firms (nearly 12 years with the famous Ardent Partners, the research parent of the Future of Work Exchange), however, before my foray into the world of human capital technology, the Future of Work movement, and talent management and technology research, I spent some time at companies with not-so-empathic leaders.

For example:

  • A VP who told me that it wasn’t okay to say “How’s it going?” to another person if I hadn’t met them yet.
  • A company owner who said that if I ever got tired, I wasn’t fit for a career in writing. (Let me know if you know someone that has never been or will never be tired…)
  • Another company owner (same company, different owner) who said I had a “defeatist attitude” when I told him that I didn’t feel appreciated or valued enough after working 80+ hour weeks for a straight month after two employees quit.
  • A CEO who said, after finding a single (one!) spelling error in a document that I produced (that totaled over 40 pages), that I needed to spend more time focusing and less time “theorizing” when writing, and;
  • A certain company owner (twice on this list!) that told me that I “would never find anything out there” when I resigned and gave my two weeks’ notice.

The specific examples above all link back to one key element: a terrible workplace culture. Ardent Partners and Future of Work Exchange research has discovered that, over the past 12 months, 72% of businesses have taken steps to enhance workplace culture to better foster collaboration, engagement, diversity, and innovation.

Workplace culture isn’t just a nebulous concept anymore, but rather a true Future of Work state that affects talent acquisition, talent attraction, hiring success, brand awareness, and talent sustainability.

For too many years, I focused on those negative experiences, as well as my own professional mistakes. Sometimes they drove me to be better. Sometimes they hindered my progress. And, sometimes, they affected my mental health.

The mistakes and failures of the past, especially those stemming from poor leadership, can serve as invaluable lessons to shape the workplace cultures we strive for today. Rather than allowing past missteps to hold us back, we should use them to catalyze meaningful, positive change. Two years ago, ten years ago, or even twenty years in the past – the ideal workplace cultures we envision today should be informed by what we wish we had experienced back then. Reflecting on the shortcomings, pain points, and dissatisfactions of the past equips us to actively create the thriving, employee-centric environments we want to see now.

In today’s globalized, competitive business landscape, workplace culture has become a critical component of success. Elements like worker wellbeing, mental health support, employee experience, and overall company happiness are no longer optional – they are essential for retaining top talent, fostering innovation, and driving enterprise-wide prosperity.

Organizations that prioritize cultivating positive, enriching workplace cultures will be best positioned to thrive. By learning from past mistakes and intentionally shaping workplace cultures aligned with employee needs and values, companies can gain a competitive edge in attracting, developing, and retaining the best people.

The key is to let the lessons of the past propel us towards a better future, rather than allowing them to hold us back. With this mindset, the missteps of yesterday can become the catalysts for the workplace cultures of tomorrow.

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Direct Sourcing Gains an Assist with Chatbots https://futureofworkexchange.com/2024/10/24/direct-sourcing-gains-an-assist-with-chatbots/ Thu, 24 Oct 2024 11:02:12 +0000 https://futureofworkexchange.com/?p=4358 The dial on artificial intelligence (AI) has been turned up to such a degree that anyone can now experiment with the technology. AI tools from ChatGTP to Lensa are putting the power of AI into the hands of everyday folks — with stunning results. While the consumer side of AI continues to gain attention, it’s […]

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The dial on artificial intelligence (AI) has been turned up to such a degree that anyone can now experiment with the technology. AI tools from ChatGTP to Lensa are putting the power of AI into the hands of everyday folks — with stunning results. While the consumer side of AI continues to gain attention, it’s important not to overlook the applicability and possibility of the technology for direct sourcing and extended workforce needs.

Today, there are several providers of AI-based tools for optimizing the direct sourcing of extended workers. One of the most recognizable and popular tools is chatbots. This technology has evolved significantly over the years from a more scripted application to one of conversational AI realization. Through developments in natural language processing, users have a difficult time recognizing whether it’s a human or a bot they’re interacting with.

How are chatbots contributing to efficiencies in direct sourcing efforts? It’s occurring in several ways, allowing HR, business managers, and recruiters to focus on more strategic aspects of total talent management initiatives.

The rest of this article is available by subscription only.

Introducing a New Subscription Model

To continue providing valuable insights and resources on the future of work and extended workforce management, we’re transitioning our site to a paid subscription model. While some posts will remain free, subscribing will grant you exclusive access to in-depth analysis, market research, expert interviews, and actionable strategies that will help improve your business. Solution providers and practitioners are invited to join today and gain a competitive edge by tracking the industry’s important innovations, emerging trends, and best practices.

Click here to learn more.

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Value of Artificial Intelligence Delivers for Human Resources https://futureofworkexchange.com/2024/10/17/value-of-artificial-intelligence-delivers-for-human-resources/ Thu, 17 Oct 2024 14:02:52 +0000 https://futureofworkexchange.com/?p=4339 Artificial intelligence (AI) has fully broken through the parameter of the Future of Work — where HR can effectively engage with AI technologies to deliver automation and sustainable talent outcomes. The complex decision-making of today’s HR professionals makes AI a near necessity to achieve recruitment and total talent management objectives in the current enterprise. By […]

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Artificial intelligence (AI) has fully broken through the parameter of the Future of Work — where HR can effectively engage with AI technologies to deliver automation and sustainable talent outcomes. The complex decision-making of today’s HR professionals makes AI a near necessity to achieve recruitment and total talent management objectives in the current enterprise. By leveraging AI, machine learning, and data analytics, HR professionals can automate many manual tasks while enhancing the employee lifecycle experience.

The embrace and utilization of AI technologies is proving transformational for HR professionals and their industry. According to Sameer Maskey, founder and CEO for Fusemachines, and adjunct associate professor at Columbia University, in a Forbes article, “Clearly, AI is primed to disrupt the HR industry as we know it. In fact, with AI, HR teams are poised to serve as a critical and strategic ‘talent insights engine’ of an organization,” he says.

“However, this advancement requires HR professionals to do more than just embrace the technology to unlock automation-powered efficiencies and data-driven decisions. It requires them to identify novel applications of AI, such as a virtual recruiter, or employ simulated AI-augmented work settings for recruitment that will increase the efficiency of the HR team even further. Doing this will take candidate and employee engagement to a whole new level,” Maskey adds.

While HR is reaping the benefits of AI for such automated tasks such as payroll and benefits administration — essential responsibilities of HR — there are even greater strategic opportunities to truly revolutionize core talent acquisition and talent management areas.

AI Elevates Direct Sourcing Strategies and Employee Retention Execution

AI tools and machine learning algorithms are aiding HR professionals in streamlining workforce processes across the enterprise. The following are several areas where AI can bring immediate value to human resources and provide valuable insights into workplace strategy and dynamics.

The rest of this article is available by subscription only.

Introducing a New Subscription Model from the Future of Work Exchange.

To continue providing valuable insights and resources on the future of work and extended workforce management, we’re transitioning our site to a paid subscription model. While some posts will remain free, subscribing will grant you exclusive access to in-depth analysis, market research, expert interviews, and actionable strategies that will help improve your business. Solution providers and practitioners are invited to join today and gain a competitive edge by tracking the industry’s important innovations, emerging trends, and best practices.

Click here to learn more.

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The Future of Work Exchange Podcast, Episode 801: Direct Sourcing Panel Discussion With Beeline, Opptly, Raise, and Talent Solutions TAPFIN https://futureofworkexchange.com/2024/10/03/the-future-of-work-exchange-podcast-episode-801-direct-sourcing-panel-discussion-with-beeline-opptly-raise-and-talent-solutions-tapfin/ Thu, 03 Oct 2024 14:37:09 +0000 https://futureofworkexchange.com/?p=4301 Season Eight of the Future of Work Exchange Podcast kicks off with a dynamic panel discussion on direct sourcing. Rebecca Valladares (Opptly), Brian Hoffmeyer (Beeline), Tim Rhodes (Raise), and Matthew McCartney Waggle (Talent Solutions TAPFIN) join me to discuss the state of direct sourcing, AI’s impact on hiring and recruitment, the future of direct sourcing […]

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Season Eight of the Future of Work Exchange Podcast kicks off with a dynamic panel discussion on direct sourcing. Rebecca Valladares (Opptly), Brian Hoffmeyer (Beeline), Tim Rhodes (Raise), and Matthew McCartney Waggle (Talent Solutions TAPFIN) join me to discuss the state of direct sourcing, AI’s impact on hiring and recruitment, the future of direct sourcing programs, how skills-based hiring will reshape talent acquisition, and more. Tune in!

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The FOWX Fifteen: Beeline https://futureofworkexchange.com/2024/10/02/the-fowx-fifteen-beeline/ Wed, 02 Oct 2024 13:57:36 +0000 https://futureofworkexchange.com/?p=4295 The FOWX Fifteen is an exclusive series at the Future of Work Exchange that highlights the industry’s innovative and disruptive platforms, solutions, and offerings that are driving the Future of Work movement. These providers are actively pushing talent technology innovation and ushering in a new, digital era of workforce management, staffing, and talent acquisition. The […]

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The FOWX Fifteen is an exclusive series at the Future of Work Exchange that highlights the industry’s innovative and disruptive platforms, solutions, and offerings that are driving the Future of Work movement. These providers are actively pushing talent technology innovation and ushering in a new, digital era of workforce management, staffing, and talent acquisition.

The Background

During The Great Recession of 2007-2008, an era that Ardent Partners and the Future of Work Exchange pegged as “The Perfect Storm” event which triggered the first big spike in utilization of contingent labor, businesses experienced first-hand the ultimate value and impact of non-employee talent. In the span of less than 18 months, the average contingent workforce penetration rate exploded from 10%-to-12% to upwards of 18%.

In the years since, what we now call “the extended workforce” represents not only the future of talent, but, truly, the Future of Work. With nearly half (49.8%) of the typical organization’s total talent comprised of contingent workers at this point in 2024, the very realm of contingent workforce management has traversed beyond a tactical, manual-laden series of tasks into a truly strategic force that sits in the center of a new world of work and talent.

From skills-based hiring and direct sourcing to diverse staffing and forward-thinking, Future of Work-oriented functionality, the contemporary extended workforce necessitates next-generation automation that can fuel total talent intelligence and help realize the definitive value of non-employee talent.

Enter Beeline.

Why They Were Selected

Beeline represents the veritable evolution of extended workforce solutions through its powerful array of artificial intelligence-led functionality, robust services procurement offerings, agile analytics and reporting, and longtime commitment to talent technology innovation.

Beeline has not just revolutionized the facets of contingent workforce technology, though. Beeline Acuity is one of the industry’s most groundbreaking talent intelligence tools: it is an innovative workforce analytics and compliance engine that integrates disparate data from multiple sources into a cohesive view to provide a complete picture of an organization’s workforce.

Acuity’s place alongside the solution’s extended workforce platform (itself a giant leap from traditional VMS automation), its Best-in-Class services procurement/SOW module, and other key offerings (such as the mid-market-focused Beeline Professional and its digital staffing powerhouse, JoinedUp), is a welcome addition to a Future of Work-era provider that continues to be talent-centric, humanity-led, and innovation-driven.

In Their Own Words

“At Beeline, we are honored to be recognized by Ardent Partners and the Future of Work Exchange as a leader in shaping the Future of Work. This accolade reflects our commitment to innovation and our dedication to driving meaningful transformation. As the workforce evolves, so must our approach—moving away from the traditional ‘command and control’ model toward one focused on enablement and oversight. AI plays a crucial role in this shift, empowering organizations to make smarter, faster decisions while amplifying the unique human qualities of judgment, creativity, and empathy. At Beeline, we see AI as the catalyst for unlocking the true potential of the external workforce.” – Colleen Tiner, Chief Product Officer at Beeline

The Outlook

True AI integrated into end-to-end automation? Check. Firm commitment to extended workforce innovation? Check. Candidate- and human-centric solution design that is aligned with the new, progressive era of work and talent? Check. Beeline’s VMS and extended workforce functionality is, and will continue to be, synonymous with the Future of Work movement.

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A New Era for the Future of Work Exchange https://futureofworkexchange.com/2024/09/23/a-new-era-for-the-future-of-work-exchange/ Mon, 23 Sep 2024 13:09:23 +0000 https://futureofworkexchange.com/?p=4277 Over the past three-plus years, the Future of Work Exchange has delivered on its original vision to become the preeminent think tank, multimedia center, and destination site for professionals and executives across the world to learn more about the changing world of work and talent. From the evolution of the extended workforce and the continued […]

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Over the past three-plus years, the Future of Work Exchange has delivered on its original vision to become the preeminent think tank, multimedia center, and destination site for professionals and executives across the world to learn more about the changing world of work and talent.

From the evolution of the extended workforce and the continued rise of direct sourcing to the transformation of the workplace and rapid ascension of artificial intelligence, the Future of Work Exchange (FOWX) has provided tens of thousands of business leaders with the research, analysis, and “futurist” insights needed to power the next generation of work optimization.

Today, FOWX is announcing an exciting shift in its publishing model to one that models a more traditional analyst firm – one that relies on subscriptions/memberships to access this great content.

Our Mission: Capture the Essence of the Future of Work Movement

The Future of Work Exchange mission has not changed and will not change: business leaders, solution providers, and every professional that wants on-demand access to the myriad array of forward-thinking workforce management, technology, business leadership, and innovation-led insights will continue to receive these valuable thought leadership content pieces…albeit in a membership fashion. But first…

What Stays the Same?

The Future of Work Exchange has long been lauded since its inception for its deep, empirical analysis of the technology provider marketplace. Given the evolution in “work and talent,” and especially given the Future of Work accelerants that have forever transformed the dynamics of workforce management and business leadership, FOWX will continue to dedicate and even expand its coverage of the AI, direct sourcing, MSP, VMS, RPO, digital staffing, and talent acquisition platforms and solutions that are driving indelible change in the market.

FOWX will also continue to write about and publish articles on the topics that have been considered the fabric of our site, including direct sourcing, next-generation technology, AI, extended workforce management, conscious leadership, DE&I, omni-channel talent acquisition, skills-based hiring, total talent management, etc. (We wouldn’t be who we are without continuing our dedication to these critical topics.)

Access to the Future of Work Exchange Podcast will not change…so keep tuning in!

What’s New? (Membership Has Its Privileges!)

For solution providers and technology platforms that desire access to the Future of Work Exchange and its powerful content, a paid subscription will be required to read the majority of the site’s content – contact us here for pricing and more details. For procurement, HR, talent acquisition, and other business practitioners, a complimentary subscription with a business email will provide this same access FOWX content, articles, etc.

My team and I are very excited to enter this new era at the Future of Work Exchange. Feel free to reach out with any questions, concerns, comments, or feedback.

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Artificial Intelligence, Contingent Workforce Management, and the Future of Work (On-Demand Webinar) https://futureofworkexchange.com/2024/08/30/artificial-intelligence-contingent-workforce-management-and-the-future-of-work-on-demand-webinar/ Fri, 30 Aug 2024 15:13:01 +0000 https://futureofworkexchange.com/?p=4219 Earlier this week, Ardent Partners and the Future of Work Exchange hosted an exclusive webcast focused on AI-powered contingent workforce management and its impact within the Future of Work movement. I was joined by Opptly’s Lori Hock (CEO), Beeline’s Colleen Tiner (Chief Product Officer), and NLP Logix’s Matt Berseth (CIO, co-founder) to discuss a wide […]

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Earlier this week, Ardent Partners and the Future of Work Exchange hosted an exclusive webcast focused on AI-powered contingent workforce management and its impact within the Future of Work movement. I was joined by Opptly’s Lori Hock (CEO), Beeline’s Colleen Tiner (Chief Product Officer), and NLP Logix’s Matt Berseth (CIO, co-founder) to discuss a wide range of hot topics under the artificial intelligence umbrella, including:

  • The true adoption and utilization of artificial intelligence within today’s extended workforce programs, hiring strategies, and talent acquisition initiatives.
  • The link between AI and skills-based hiring.
  • How businesses can move from an “education phase” to “adoption phase” for their AI initiatives.
  • How AI can supercharge and optimize direct sourcing strategies.
  • Why AI-fueled skills taxonomies are the foundation of a skills-based hiring approach.

Check out an on-demand replay of the webinar below.

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