SUPPLY CHAIN MANAGEMENT
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RESPONDING WITH AGILITY TO MARKET DEMANDS<br />
Some 70 percent of respondents to the survey said they agree that using external workers allows their organization<br />
to meet market demands and maintain efficiency that would otherwise be difficult. And more than<br />
half see the value of the external workforce increasing in the next several years. figure 2<br />
Nasdaq is one such company. Currently, says Rebecca Arnold, vice president and global head of talent<br />
management, external workers compose about 20 percent of Nasdaq’s workforce. But Arnold and her colleague<br />
Doug Kortfelt, vice president and global head of strategic sourcing and procurement, say they expect<br />
to deploy an even higher percentage of external workers in the future.<br />
“We’ve been growing at a rapid pace, through acquisitions or new products,” Arnold says. “Our objective is<br />
to develop a workforce that enables the organization to identify and respond to talent needs and<br />
organizational constraints so as to forward our business strategies in both the short and long term.”<br />
FIGURE 2<br />
ATTITUDES ABOUT EXTERNAL WORKERS<br />
Please rate the extent to which you agree with each of the following statements.<br />
(Percent somewhat/strongly agree)<br />
BENEFITING FROM THE EXTERNAL WORKFORCE<br />
Using external workers allows our organization to meet market demands<br />
and maintain efficiency that otherwise would be difficult<br />
69%<br />
66%<br />
Using external workers is beneficial to our organization and the external workers<br />
Using external workers allows us to bring in expertise that<br />
our full-time staff lacks<br />
53%<br />
Using external workers will be increasingly valuable to<br />
our organization in the next two to three years<br />
52%<br />
39%<br />
We would use more external workers if it were easier to manage them<br />
HOLISTIC TALENT <strong>SUPPLY</strong> <strong>CHAIN</strong> <strong>MANAGEMENT</strong> 3