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Understanding Talent Marketplaces & FP&A (Talmix Management Insights)

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The New Workforce 4 TALENT MARKE TPL ACES: AN INTRODUC TION As businesses embrace the extended workforce and changing workforce demands, moving away from functional hierarchies to networked organizations, practices and technologies are also evolving to accommodate the new, agile reality. "THE RIGHT TALENT, IN THE RIGHT PLACE, AT THE RIGHT TIME, IS THE EQUATION FOR SUCCESS IN TODAY'S WORLD. IN AN ERA OF TECHNOLOGICAL CHANGE, DEMOGRAPHIC SHIFTS AND ECONOMIC UNCERTAINTY, COMPANIES CAN ENHANCE THEIR ABILITY TO COMPETE BY BUILDING A FLEXIBLE WORK MODEL". Organizations are starting to move away from large, fixed multifaceted teams, and opting for out-sourced models. Complementing their smaller core team when needed with experts from the extended workforce brings in the precise skillsets required for cross-functional project success with faster turnarounds and smaller overhead costs. It means that many businesses are moving away from traditional hiring methods and adopting more holistic approaches to their talent acquisition strategies. BCG & Harvard Business School, 2020 www.talmix.com +44 20 3176 5615 @wearetalmix wearetalmix

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