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Randstad-Sourceright-integrated-MSP-total-talent-partnership-white-paper-210713

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5 evolving your contingent talent strategy from tactical services to talent optimization. total workforce soluton MSP 4.0 objectives of implementation • optimized resourcing • access to talent • extreme business agilit process scope measures of success technology leveraged • holistic talent utilization • direct sourcing/internal mobility • total workforce visibility and management • just-in-time access to talent • maximized labor cost efficiency • highest talent engagement/satisfaction • integration of VMS, FMS, advanced business and market intelligence platforms, talent pooling and candidate relationship management, digital capability platform (DCP) The evolution of the integrated MSP creates a hybrid of these two models to deliver total talent management expertise and achieve a strategic human capital advantage via an end-to-end managed services offering. Through this approach, organizations realize significant cost savings as a consistent rate structure is applied across the board. These integrated MSP models also yield improvements in efficiency and transparency as the supply chain begins to work under a standardized process. Talent analytics and other technologies provide the business intelligence needed to support an integrated approach. Finally, it's important to note that both multi-vendor and master-vendor MSP models often include sophisticated vendor management systems (VMS) as a linchpin of their services to ensure visibility and reinforce a consistent process. These improvements have fueled the evolution of the MSP model to deliver more strategic management of the flexible workforce. They have also set the stage for many companies to evolve to an integrated or total talent strategy. While larger companies are putting this approach into play through best practices in traditional MSPs, other organizations are positioned to implement a completely packaged integrated talent model, with an on-site team that serves to bring all aspects of fulfillment together in a single, dedicated talent delivery function. This holistic model helps deliver a superior experience for hiring managers, candidates and suppliers, and is ideal for mid-sized organizations or those with central locations that can be served by a single on-site partner team. inside the integrated MSP. An integrated strategy expands the scope of the traditional MSP to include permanent hiring, as well as management of the workforce supply chain. Taking the concept further, the high-touch approach brings the strategy to a new level, providing dedicated on-site resources to act as the complete fulfillment function for client talent needs. offshoring SOW direct sourcing/ talent pooling 1 2 3 4 5 decentralized preferred suppliers master vendor managed service provider enterprise total workforce solution implement e-tool high projects low maturity stages level of value add

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