Opportunities
Where are the greatest opportunities in your company's operations?
Staffing in a Changing World
How will your company compete in the next generation of staffing?
Global economic uncertainty, new business priorities and transformative work world trends are converging to create a metamorphosis in staffing. The industry has been maturing, consolidating and growing increasingly complex for years. Now staffing companies must re-invent themselves.
Consider this: A list of the 25 largest staffing companies in the U.S. today includes only ten names that were on the same list ten years ago. And the pace of change is accelerating. The structural business and societal changes that define the next generation of human capital services could reshuffle the deck quickly.
Already, traditional staffing services have been largely commoditized. Growing use of VMS and MSP solutions, and the resultant margin compression are fueling a change in staffing business dynamics that threatens the success of many firms. Ballooning costs of employment regulation, taxes, insurance and the technological resources needed to compete today only complicate matters further.
But sea changes in the workplace also create huge opportunities for staffing firms. (learn more)
Experts say the contingent and flexible workforce will double over the next five to ten years. How should staffing companies position themselves to capitalize on these opportunities? The entire industry is scrambling for answers, revisiting strategies and retooling for a new reality. Transition is never easy, but fortunately, People 2.0 can help.
Now more than ever, staffing business leaders need to keep their organizations focused on support of evolving customer and employee needs. They must commit all their human and capital resources to creating competitive advantage and driving business growth.
That's a lot easier when you know the essential back office functions are expertly managed—when you have enterprise-level infrastructure and best-in-class technology from People 2.0. When you know specialized professionals at People 2.0 are handling things like IT, payroll, billing and collections, HR, insurance and risk management, accounting and banking. For other staffing companies, back office costs and administrative tasks consume far too many resources. They divert critical focus, drain capital, chip away at profits and sap growth potential.
Huge, multinational competitors can leverage different economies of scale. Virtually unlimited capital, the latest technology, and teams of subject matter experts create an advantage your company simply can't match. Unless, of course, you partner with People 2.0.
With a powerful back office platform designed exclusively for staffing, with superior resources and a wealth of specialized expertise, People 2.0 lets qualified companies benefit from the enterprise-level resources of a billion dollar corporation—while preserving their own brands and independence.
Flexible, sector-specific technology and customized, end-to-end solutions from People 2.0 let companies maximize efficiency, accelerate response times, and more effectively direct and control the business. By tailoring service plans to relieve the most burdensome back office workloads, People 2.0 frees valuable resources for focus on the front office activities that make a staffing business grow.
Companies partnered with People 2.0 have more resources to work with—including more of their own capital and senior management time. People 2.0 has optimized infrastructure, streamlined workflows, reduced costs and given those companies greater agility, broader capability and instant scalability. They are ideally positioned to capitalize on opportunity in the new world of human capital services.
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