Just as the need for talent is universal, the solution can be as well. Are you familiar with the Open Talent Economy? We first met it as a Human Capital trend, where it explored the notion of expanding talent networks beyond “balance sheet” employees to include “partnership talent” (employees who are parts of joint ventures), “borrowed talent” (employees who are part of contractors or outsourcing relationships), “freelance talent” (independent, individual contractors), and “open source talent” (people who don’t work for you at all, but are part of your value chain and services).
Next we explored the Open Talent Economy more deeply as a framework to guide talent strategy by uniting three components: global, regional, and industry trends, talent investments, and the outcomes of those investments. (See Are you open to being more open? for more.)
This interactive infographic gives a universal, wide-angle view of the Open Talent Economy. It’s a good place to start if you haven’t had the chance to dive deeper into the phenomenon or would like a quick refresher.