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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 9 www.everestgrp.com | EGR - 2021 - 25 - V - 4434 Design thinking - led The most prominent objective of leveraging design thinking in MSP 4.0 is to provide all stakeholders, especially the candidates, with the same kind of experience that they are used to as B2C consumers. MSPs can help organizations create and operate the entire infrastructure required to achieve this goal. A design thinking - led approach is characterized by multiple elements as illustrated below. Enhancing experience through design thinking is necessary throughout the entire hire - to - retire/redeploy cycle, as the examples below elucidate. l A candidate should be able to search for a job with the same ease with which he or she shops on Amazon. The list of job recommendations or job search results should be hyper - personalized based on the candidate's interest, previous history of applications, and other related factors l Job applications should be mobile - enabled, easy, quick, and have most details prefilled at the click of a button l A good chatbot should be available to instantly answer most standard questions a candidate has l For more complex queries – when a candidate needs to communicate with a person – the MSP agent interacting with the candidate should have all of the candidate's details and history of previous communications so that the candidate does not have to spend time providing background and context l A hiring manager should be able to view detailed status of his/her requisitions at any time without delay and, if necessary, be able to get quick answers to any questions While these are only a very few examples of potential experience enhancement use cases, a common thread running through them is the ubiquitousness of digital and data leverage. Naturally, digital and data is a critical lever driving MSP 4.0. Design thinking in a holistic manner Design thinking is applied to address overall enterprise talent and business objectives, and not just talent acquisition goals Superior experience for all involved It is used to improve the experience for not just candidates, but for all stakeholders Hyper - personalization It is used to find the right balance between standardization and contextualization to provide a hyper - personalized experience to stakeholders Design thinking - led process reengineering Design thinking will be a critical part of process reengineering, helping to identify the elimination of touch points for manual intervention and achieve better experience and efficiency Elements

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