Around these parts, the phrase “the world of work is changing” has often been synonymous with the innovations happening the arenas of talent acquisition, digital staffing, and enterprise technology. The Future of Work, as I’ve often stated, is founded on the notion that businesses can truly optimize how work is done through the convergence of talent engagement evolution, the impact of new and expansive technologies, and the transformation of core business thinking.
Today, however, the realm of “change” means so much more than it did just a few weeks ago. The COVID-19 pandemic is actively forcing businesses to, essentially, reimagine how to get work done in the face of significant revenue shortfalls, disruptions across the supply chain, anxious customers, and an uncertain future.
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Major organizations are cutting or furloughing significant percentages of their workforce, while small businesses are facing the worst financial crisis they’ve seen since the 2008-2009 economic recession. This truly has far-reaching implications on how businesses view the totality of their workforce not just over the next few months, but well into 2020 and beyond.
I spoke with many contingent workforce industry leaders over the past few days to gain additional perspectives on the impact of this pandemic. (Stay tuned for Part Two of this special article series.)