Agile Talent, Outsourced, On Demand, Free Agent, Human Cloud, Freelancer, Contractor…
…All describing today’s “Gig Economy.”
There is an expanding dependence on external resources who are highly trained experts. Between 20-30% of US and Europe working age population (162 million) are independent workers. They report being happier and more satisfied professionally than those in traditional jobs (Source: McKinsey).
Platform companies (i.e., Uber, TaskRabbit) have further facilitated this trend.
The question is how can your company strategically leverage external experts made possible by technology and the globalization of talent in order to gain advantage? The follow-up question is how does your organization transform and revolutionize the traditional with its workforce?
Should you buy, build or “borrow” your workforce?