The Gig Economy is taking off. What does this mean for your organization?
The gig economy is a free market system in which temporary positions are common and organizations contract with independent workers for short-term engagements. Adopting a talent-on-demand strategy fosters business agility, according to Ardent Partners.undefined
Being able to respond rapidly and proactively to shifting market challenges will be critical in the future, suggests Ardent Partners. A solution being widely accepted by many businesses is the hiring of skilled freelance talent for specialized or short-term work.
Businesses become more agile by “transforming how talent is found, engaged, and sourced like the ‘on demand’ consumer world.” Nimble businesses “balance traditional talent with newer sources of expertise, such as online talent platforms, social media, and social networks.”
A global workforce and online job and networking platforms, have essentially sparked a new era of work—enabling skilled independent professionals to add tangible value to your business on demand (with no add to overhead).