Workforce Optimization

3 Benefits of Using Independent Talent to Solve Common Pain Points

By MBO Partners

In today’s dynamic business environment, companies are increasingly turning to independent talent to address various challenges such as skill shortages, disruption, and competition. This strategic move offers several advantages, ranging from cost savings to increased innovation. Here are three key benefits of leveraging independent professionals to solve common pain points in your organization. 1. Expand…

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5 Dimensions that Impact Corporate Agility

By MBO Partners

The Merriam-Webster online dictionary offers two definitions of agile: Marked by the ready ability to move with quick easy grace Having a quick, resourceful, and adaptable character In the context of an enterprise, the terms “ready ability,” “quick,” “resourceful,” and “adaptable” accurately describe corporate agility. Along with many other business pundits, we consistently emphasize corporate…

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How to Maximize the Potential of Your Workforce with Contingent Talent

By MBO Partners

Finding the right people for your workforce can be a tall order in today’s competitive talent landscape. To address talent scarcity, organizations are investing in automation solutions, doubling down on allocating resources to find and hire full-time employees for specific job descriptions, and investing resources into upskilling current employees. But most companies are tackling talent…

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How Contingent Labor Fits into Your Workforce

By MBO Partners

Companies of all sizes have leveraged non-employee workers for a long time. Until recently, contingent labor was commoditized, for example, augmenting staff during seasonal upticks or temporarily replacing an employee on extended leave. While companies still engage contingent labor for purposes like these, many have extended into more strategic areas of the business. For example,…

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5 Ways Direct Sourcing Helps Overcome Challenges Using Independent Professionals

By MBO Partners

Spurred by the Great Realization, the independent talent population is steadily increasing. Even as this talent segment becomes a permanent part of the workforce and a component of competitive advantage, leaders are faced with challenges. With more and more reliance on independent professionals for needed skills, the strategic question is no longer “Should we hire…

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How Workforce Optimization Helps Companies Gain a Competitive Edge

By MBO Partners

Today’s organizations are implementing workforce optimization strategies with the goals of achieving efficiency and cut costs. Forward-thinking companies are leveraging new technologies and adapting to flexible modes of working, such as virtual meetings and remote work. This new paradigm has highlighted the vast chasm between the traditional business model and the emerging modern one. One…

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Artificial Intelligence for Contingent Labor: Benefits and Challenges

By MBO Partners

Artificial intelligence (AI) can have a significant impact on companies that use independent contractor talent—from finding and sourcing contractors to engaging and onboarding them. AI tools can effectively source prospective independents, assess them without bias, and onboard them efficiently. With more companies drawing on contingent labor to build optimized or blended workforces, AI tools can be…

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How to Integrate Independent Contractors into Your Business in 2024

By MBO Partners

Independent contractors are the solution for many organizations when faced with disruption, competition, and labor and skill shortages. The average company reports that contingent labor makes up 28% of their workforce, and this proportion is expected to grow to 38% by the end of 2027. As this sector of the workforce increases, it is worth…

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Is It Time to Rethink Independent Talent in Your Enterprise?

By MBO Partners

“There have never been more payroll jobs in the U.S. There have also never been more people working independently.” 2023 State of Independence Report Those two statements may seem paradoxical, but they are both true. The U.S. independent talent population has grown steadily year on year—from 2020 to 2023 alone it jumped by 89%. Even…

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How to Maximize the Impact of Your Independent Talent

By MBO Partners

An optimized workforce can produce significant business and competitive advantages in an enterprise. Attracting and engaging high-value independent professionals with in-demand skills offer key strategic opportunities that can effectively move the business forward. Though the engagement of people with high-value skills is certainly a major benefit, there is more value available in your independent talent…

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