new ways of working: 5 steps to managing an open workforce

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1 Are you ready for the OPEN WORKFORCE?

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Page 1: New ways of working: 5 steps to managing an open workforce

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Are you readyfor theOPEN WORKFORCE?

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The world of work is changing. Who will be the winners?

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The workforce is becoming more mobile, agile, and open. The workforce is becoming more mobile, agile, and open. New CGMA research has found the workforce is becoming more mobile,agile and open.

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The workforce is becoming more mobile, agile, and open. The workforce is becoming more mobile, agile, and open. There will be more demand for external talent: freelancers,contractors, outsourcing and partners.

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Our survey of over 1,000 senior executives worldwide found:

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And this trend is set to grow to one in three within five years.

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Tomorrow’s leaders must harness this diverse, disparate and dynamicworkforce around a common purpose.

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So how do I stay ahead?

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Organisations will require new corporate structures, decision-making processes,performance and risk management.

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And our research has found companies around the world are struggling with this.

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But the most successful companies are embracing the open workforce.

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Here are five ways you can get ahead of the competition:

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1. Map your talent base

Our research reveals companies need to better monitor resourcing levels and forecast shifts in demand.

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2. Understand the risksThe open workforce creates new vulnerabilities, so put the policies and controls in place to ensure proper governance extends across the open workforce.

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3. Develop performancemanagement

Performance needs to be made visible and measurable across all elements of the open workforce, and managers need a new set of “carrots and sticks.”

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Create a new system to strike the right balance between empowering talent to make the right decisions while maintaining strong controls to manage the risks.

4. Govern distributed decision making

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Develop strategies to attract and incentivise the multicultural, multi-generational workforce of the future.

5. Master diversity and inclusion

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Be an open workforce winner

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