Dive Brief:
- ManpowerGroup Solutions, the RPO provider, explores the benefits of creating talent pools that are shared among competitors in the same industry in a new white paper, "Collaborating with Competitors: Sharing Talent Pools to Meet Workforce Challenges."
- The ManpowerGroup white paper suggests four critical factors when developing talent shared pools, including: involve the right type of talent, focus on highly targeted initiatives requiring in-demand skills, design with talent in mind and, finally, establish ground rules.
- Companies may be in hiring mode, but the harsh reality is that there is not enough talent to meet demand, said Amy Doyle, vice president of Strategic Client Solutions, ManpowerGroup Solutions. "With the shortage showing no signs of easing, and skills needs changing faster than ever, meeting growth objectives requires new ways of thinking, behaving and hiring," she added.
Dive Insight:
A new approach to hiring is needed, according to ManpowerGroup -- one in which talent has the opportunity to develop and thrive in agile environments while enabling growth-oriented companies to maximize that available talent. But for such a program to work, employers will all need to be on the same page and ready to roll with some solvable complications.
For example, employers getting into this type of program need to understand which roles are not likely to be included, what happens when a full-time offer is made, how and when talent can be accessed, and more.
"Better prepared and better organized candidate pools can work," Doyle said. "Companies willing to explore new workforce models, to collaborate in new ways with talent and with competitors, may find that long-term success lies in sharing the right talent."
