CRO-to-CRO Video Series: Episode 4 Grapples with Contingent Workforce & Talent Management Challenges

Think about this: A decade ago in the U.S., statistically there were about 700 people looking for 100 jobs. Today, by comparison, there are only about 90 people looking for 100 jobs.

Meanwhile, in India, over 25 million people are applying for just 90,000 positions with India’s state-run railways.

Those vastly divergent scenarios, shared by Michel Janssen, chief research guru of Everest Group, a research and management consulting firm based in Dallas, Texas, paint a fascinating picture of global talent markets — and the need to effectively manage them.

In the fourth episode of our “Chief Research Officer to Chief Research Officer” video discussion series, Janssen and his old friend and former colleague Pierre Mitchell, chief research officer of Spend Matters, explore the key talent management challenges faced by enterprises and what it means for digital transformation projects.

(Not to mention Mitchell’s self-admitted attempts to alleviate the talent shortage in procurement and supply chain by persuading his kids to join the profession; that effort is currently stymied by YouTube gaming, among other pursuits …)

Watch Episode 4 below:

Episode 4: The New Talent Management Challenges and How to Address Them

The CRO-to-CRO Video Series Overview

With a combined six decades of experience between them (the “dinosaurs that we are!” as Mitchell puts it), both CROs are able to view various market trends from a unique perch. The goal of the video discussion series is to drill down into “the who, the what and the how” behind the hottest trends in digital procurement transformation.

Looking more broadly at the arc of the whole series, Mitchell and Janssen set out to cover:

• Introducing the digital transformation ecosystem. What are the biggest investment priorities for service providers and enterprises? Watch Episode 1 here.
• Examining the changing role of procurement. The role itself is changing and expanding; what does that mean to procurement’s value creation — and impact to risk? What are the three key dimensions of digital procurement trends? Watch Episode 2 here.
• Exploring the different layers of digital capability platforms. What is available to buy? What are the different ways to bundle/procure digital solutions? Who is responsible for making the digital decisions within the enterprise? Watch Episode 3 here.
• Focusing on Contingent Workforce Management as a category example. What are the key challenges to effective talent management? Is there a need to rethink the approach to the entire talent model? Watch Episode 4 here — or above!
• Concluding with how they can help organizations in their digital transformation journey. Watch Episode 5 here.