Why Talent As A Service

Two of the most important shifts that we experience today are:

The virtualization of the workforce which came alongside the technological developments of the last decade: high-speed internet, mobility, online collaboration, and social media tools. (Remember the days when working a day or two from home was almost impossible?)
Concurrent workplace and talent lifestyle changes; increasing reliance on contractors, and talent seeking flexible work environments. (How many of you work around contractors or temps today vs. 5 years ago?)

Yet, acquiring talent, in itself, doesn't pose a challenge. It is rather, constraints within which the process is carried out. For example, anyone with unlimited time, money, and networking capabilities should be able to acquire the right talent. However, most companies are limited by a delivery time, project start time, budget for delivery, or access to Talent. Read on to learn about a new development in talent acquisition that will give your business the transformative edge to compete in today's markets.

Talent as a Service - What is it?

The latest development in talent acquisition is known as Talent as a Service (TaaS). TaaS is a new model in talent acquisition, allowing businesses to access high quality, on-demand, yet on-budget talent through cloud-based platforms (some also refer to it as a "direct-to-contractor" model). We like to call it the "Uber-ification" of Talents. While we've become mostly familiar with Software, Platform, Infrastructure or Data as a Service (SaaS, PaaS, IaaS, DaaS...etc.), we're less familiar with Talent as a Service, despite the Talents needed to efficiently run all these XaaS platforms. TaaS disrupts the traditional understanding of the workforce by modeling the gig economy and introducing a unique approach to crowd sourcing. Essentially, a TaaS model primarily allows companies to instantly and efficiently find contracted talent, and it doesn't rule out finding specialized full-time employees (FTE).

What Can Talent as a Service Make Possible for You?

Let us start at what really happens when you don't find the "Talent" on time and on budget. Projects are delayed, put on hold, postponed, or even skipped altogether. The impact is a possible loss of revenue or competitiveness, higher workforce dissatisfaction and resentment, feeling of helplessness ("It is what it is, and we can't do much about it"), and/or dependence on third-party recruiters.

TaaS opens many new possibilities for decision-makers looking to remain competitive in the changing world of work and enjoy benefits in all aspects of life. Consider the possibilities if you could hire immediately and on-demand? What if you could predetermine a talent's specialization, availability, and affordability (rate) in seconds? What if the talent's expertise is rated by hiring peers? TaaS provides the opportunity to hire for "gigs" or contracts significantly easier, by making it simple to find, source, and hire high-quality talent for specific tasks.

Also, consider how you would benefit if you added newer unconventional hiring models to your current conventional ones. A 40 hour per week, 6-month contract would be an example of a conventional model. A 20 hour per week, 6-month contract is less common. Now, where would you go today to hire talent for 10 hours per week for a year (e.g. DBA work)? 5 hours per week for only two months (e.g. an Advisor on Enterprise Architecture)? 50 hours for an undetermined length (e.g. an Advisor on a Transformation-to-Cloud project)? or 40 hours sporadically (e.g. a Quality Assurance talent to oversee your System Integrator's delivery)? TaaS offers talent on-demand, providing opportunities to increase efficiencies, cut costs, and fulfill projects faster. Furthermore, consider how TaaS offers a unique direct-to-contract opportunity.

A more efficient communication becomes possible. Not only can "the needs expert" and "the product expert" communicate without introducing a third party who may distort the message, but also a direct negotiation eliminates the middleman margins, and expedites the agreement regarding the work-logistics. With this kind of flexibility and cost-reduction, the attention and resources that are reserved for talent acquisition can be redistributed to areas that are often neglected, so you can focus on the innovative and big picture changes that will project your business to new heights.

THE NETWORK OF SPECIALISTS IN Oracle

The Ultra-Flexible Workforce Model

As a business operating in today's increasingly connected and competitive market, you are more than likely facing the unique challenges of talent acquisition at a time when sourcing talent is changing and developing into a more complicated process than ever before.

Two of the most important shifts that we experience today are:

Talent as a Service - What is it?

What Can Talent as a Service Make Possible for You?

Taking Advantage of Talent as a Service