making the decision
for an MSP.
The first step in determining whether you should
consider an MSP solution is to examine your
current practices and desired future state. This
can be done by:
• reviewing the current procurement process
• identifying areas of improvement
• determining scope of services
• conducting a business analysis
Each step requires the input of all critical
stakeholders involved in the contingent talent
acquisition process, including business leaders,
hiring managers, procurement professionals, the
compliance office and HR. At the conclusion of the
exercise, internal stakeholders should be able to
define their goals, recognize the resources needed
and identify any obstacles that could hamper the
contingent workforce strategy.
3
Such an exercise will enable your organization to
understand its current approach, develop clearly
defined goals and set performance metrics for
achieving them. Without such clarity, it will be
difficult to develop a roadmap or determine
what success looks like, which is key to the next
step: considering the options for managing the
contingent workforce program.