whitepapers, case studies and more

statement of work (SOW)

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Randstad Sourceright is a global talent solutions leader, driving the talent acquisition and human capital management strategies of some of the world's most successful employers. We help these companies discover and develop their 'Human Intelligence Advantage' by quantifying the true impact of their talent strategies. Our subject matter experts and thought leaders around the globe continuously build and evolve our approach and solutions across recruitment process outsourcing (RPO), managed services programs (MSP) and integrated talent solutions. Read more at randstadsourceright.com As the service provider becomes more involved in SOW management, it will also require leaders to work more closely with the MSP to continually deliver greater value to their stakeholders and internal customers. Leaders should be prepared to address the following aspects of talent management strategy: • Change management (if you are a CPO, you understand suppliers, and that's who will be influenced most strongly by the changes) • Targeting talent acquisition for overall value, rather than best price • Fostering greater alignment between the leadership function and others within the organization • Utilizing VMS data, and that of the MSP's analytics tools, to drive decisions In the final article of this series, you'll find out more about how MSP management of the SOW strategy can impact the enterprise, as well as the steps to building a business case and facilitate a smooth implementation by steering clear of potential roadblocks. Meanwhile, you can read some of our customer stories to learn how Randstad Sourceright has helped companies like yours improve their talent acquisition and management results. • Ensuring the VMS solution is set up to streamline processes for suppliers, as well as clients • Remaining sensitive to existing relationships between suppliers and stakeholders in the client organization Most importantly, MSPs and suppliers should recognize that total talent management will become a business imperative for any company utilizing a mix of internal staff and contingent workers. By working collaboratively to ensure programs add value for clients, suppliers will be able to attain growth in the volume of quality engagements and, ultimately, reduce their cost of doing business. the influence of total talent management on the CPO role As an organization heads toward a holistic talent model, the CPO role will grow as it evolves into a procurer of talent rather than outsourced labor. The CPO will need a greater handle on the drivers of talent acquisition and management, in addition to the expected knowledge of spending mechanics and strategy. An MSP's success lies not only on the shoulders of the service provider, but also on internal leadership. www.randstadsourceright.com

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