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Everest Group - MSP 4.0 - From contingent workforce management to contingent talent empowerment

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MSP 4.0: FROM CONTINGENT WORKFORCE MANAGEMENT TO CONTINGENT TALENT EMPOWERMENT 20 www.everestgrp.com | EGR - 2021 - 25 - V - 4434 l Leveraging a more comprehensive business case for the MSP model by measuring its impact through more holistic parameters l Developing a partnership - oriented approach with MSPs, especially in terms of sharing more information, involving them in decision making, and giving them the opportunity to provide more value - added/strategic services Role of government The government will have an important role in the future of MSP, including: l Creating/updating regulations and standards related to the role of technology/AI l Creating/updating data privacy regulations l Evolving DE&I policies l Continuing to invest in skilling and talent building: integrating design thinking into curriculum, domain - specific courses l Developing a blockchain - enabled national worker/skills database to capture a full overview of the talent market If all constituents of the market work together, they can help fulfill the promise of MSP 4.0 and solve organizations' talent and talent acquisition - related challenges of the future.

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