Category: Workforce Management

What is Workforce Management?

Workforce Management (WFM) describes the methods employed by organizations to manage and optimize the productivity of its workforce. It’s about forecasting labor requirements and creating and managing workforce activities to get jobs done.

Every organizations needs a kernel of people with the right blend of skills, experience and know-how to made decisions and get jobs done. Many roles these days can be automated with Artificial Intelligence, sensor base devices, hardware and software robots. Nevertheless, there are still a wide variety of jobs hat humans do better!

It used to be solely about managing full-time employees, but increasingly the workforce is made of of freelance, gig and contingent workers. An increase in the use of software robots is also skewering how business leaders see ‘work resourcing.’

This means that way organizations approach workforce management to get jobs done is constantly changing and needs to be revisited frequently.

Rethinking Vendor Management Systems for your Future Workforce

Vendor Management Systems (VMS) are used by businesses to manage the activities of their indirect staffing suppliers. As a subset of supply-chain management systems, they are increasingly important for organizations operating with a long list of suppliers.  One...

Envisioning the Future of Recruitment

Automation of the tedious tasks within recruiting and workforce management is happening and there’s plenty of opportunity to improve.

A Flexible Workforce: Before and After COVID-19

Talent leaders are increasingly looking for flexible, contingent workers to fill their vacancies. How do you build a flexible workforce?

MSP 2.0: Correlation, Causation & Prediction for Competitive Advantage

Back to the office and a new way of workingAs things settle down and all of us start adjusting to the ‘new’ normal, HR and Talent Acquisition metrics will now need to be reconsidered. While the metrics themselves might not change dramatically, their impact definitely...

Rempathy = Remote + Empathy

About This Article The Workspend Managed Service Provider (MSP) program approach is continuously improving.  While it’s been around for years, many organizations have still yet to install control and governance across their contingent workforce supply...
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Workspend Advisory Services (WAS) – Implementation

Looking for a more holistic, consultative, and design-based approach to MSP program implementation? Discover our WAS advisory solutions.

Workspend’s Strategic Center of Operational Excellence (SCOE)

Learn how Workspend helps power your success through our Strategic Center of Operational Excellence (SCOE).

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Our Design Thinking Service Delivery Model

Learn about our Design Thinking approach to MSP service delivery, and how it can revolutionize customer value.

COVID-19 is Re-Shaping Talent Markets

COVID-19 has changed the world of work forever. Is your talent acquisition approach ready for what’s inevitable? As the Coronavirus (COVID-19) continues to spread across the world, most organizations are taking significant measures to stop the spread of the...
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Workforce Planning – How to Adapt and Scale to Cope with Perpetual Organizational Change

COVID-19 will force changes to the Business Models of many organizations in the coming year. A Business Model articulates how an organization turns its outputs into customer value in return for profits.   A decade ago, executives looked upon their Business...
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Breaking Barriers: Achieving Workplace Equality for All

Create a more diverse and inclusive workplace and get actionable tips for fostering a welcoming and supportive environment for all employees.

Freelancer Benefits and Reasons to be Proud

The term ‘freelancer’ describes an individual who is generally self-employed and is not necessarily committed to a specific employer long-term. Freelancers are sometimes represented by a company or an agency that resells their labor to clients, while others work...

Five Secrets to Sourcing Skilled Talent

Finding ‘people to do jobs‘ isn’t the same as finding ‘talent.’How do you fine-tune your talent acquisition approach to filter out the highest-level skills? Finding ‘people to do jobs‘ isn’t the same as finding ‘talent.’ The term itself suggests that if you’re looking...

Indirect Spend – Why you might be looking at the tip of the iceberg

How big an issue is hidden talent spend? Find out by reading this article Sometimes it’s hard to get a finger on the pulse of your total contingent workforce spend. How do you reduce contingent labor costs? And could it be you’re only looking at the tip of the iceberg...