HBR IdeaCast
What the New Freelance Economy Means for Your Talent Strategy
Jan 23, 2024
John Winsor, founder of Open Assembly and executive-in-residence at Harvard, teams up with Jin Paik, cofounder of AI consultancy Altruistic and visiting research scientist at Harvard Business School. They delve into the evolving freelance economy, discussing how organizations must adapt their talent strategies to embrace flexible, project-based work. With the rise of digital platforms and AI, they highlight the importance of creating external talent clouds and overcoming cultural roadblocks to leverage freelance expertise effectively.
30:11
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Quick takeaways
- Organizations are shifting towards an open talent strategy, embracing flexible project-based work for talent inside or outside the organization to solve complex problems.
- Digital platforms have revolutionized talent sourcing, allowing organizations to quickly find and hire experts based on specific skills and outcomes, improving agility in the hiring process.
Deep dives
Shift towards an open talent strategy
The podcast discusses the shift happening in organizations towards a more open and flexible talent strategy. With the changing workplace and new digital technologies, organizations are embracing an open network approach to hiring rather than relying on traditional rank and file workforces. The rise of micro entrepreneurs and the scarcity of tech talent are driving this shift. Companies are now leveraging external talent clouds, building internal talent marketplaces, and tapping into open innovation capabilities. This enables organizations to quickly find skilled help, achieve more agile work arrangements, and tap into adjacent knowledge to solve complex problems.
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