The Remote Work Revolution and The Open Talent Economy

It’s just the beginning. Just when working from home starts to be the so-called new normal for many, it might look like the transition has already happened.

This is just the beginning. With professionals not obliged to work whilst sharing the same physical space anymore, replicating that space (office) remotely, is merely a beginning really of an open talent economy.

By not limiting your business to the experts who are physically present, you open your company to ‘limitless global talent’.

And there is more. These professionals can be there exactly when you need them – not less, and not even more – keeping your budget optimal and your time to the market minimal.

This talent is there for you On-Demand.

That is how remote work and leadership with no walls led to the boom of the open talent economy. From the simple one-time assignments to the long-term collaborations. Full time, part time, on as-needed basis.

Your choice. On-demand.

And yes, there is more.

To handle the recruitment and onboarding of the members of such a dynamic team, you can opt for working with HR experts. And yes, the HR experts come on-demand as well.

HR and the Work Transformation

It is still only the beginning. HR will become the work transformational specialists of today and tomorrow.

Every company globally is evolving their Smart Working models and identifying the work type, location, culture that will meet the needs during the pandemic and be robust enough and sustainable for the future. We have all heard of Digital Transformation but we are now in the era of the New Work Transformation and Human Resources will be the champions of it.

Moving forward, HR on demand will be even more critical for startups and small businesses transitioning from traditional office models and embracing the potential of remote and gig working.

The advantage of having on-demand HR experts leading the change will mean higher success in the work transformation, recruitment, hiring and onboarding whether office based or remote.

Getting this new world of work right can lead to higher productivity, lower attrition and a happier workforce, so investment in HR experts will really impact how fast a company can nail it.

As we all know, every business relies on the people who work on it. And there are various aspects of Talent Management that need to be carefully handled.

Some of those are to identify which role in which phase of the project, what are the crucial requirements for each, the filtering the candidates, and last but never the least: the efficient onboarding and maintaining the satisfaction of each team member. The newly added, as well as the existing team members that should not be overwhelmed with constant interruptions.

Hiring too frequently

With the key processes of recruitment taken care of by an HR specialist, the leaders get less reluctant about adding new team members or collaborating temporarily with independent experts. That leads to huge benefits like, to mention just a few, the following:

• working with various highly specialized experts instead of a small full-time team trying to learn to do any type of task.
• adjusting the team skillset for each project phase.
• developing products (and business in general) in shorter iterations with the adjusted team when needed.
• super lean growth.

The remote work and the humans of it

Luckily, the freelance marketplace concept also works very well when it comes to contracting an HR specialist to help you contract further. And that’s where we have the winning flow:

• Remote Work enabling the team members to be ‘physically spread’ around the world.
• The Gig Economy defining the work as gigs (assignments) with specific goals and expected results.
• The Open Talent model providing any expertise on demand.
• The Freelance Marketplaces that bring everybody together.
• The Human Resources experts adding the human aspect to it.

In the open talent economy, your business indeed has no walls.

Being open to the global opportunities and fast adjustments, in the times of uncertainty, could be a game changer.

Thanks to our contributors for the amazing insight and good luck on the launch of your new book ‘Your Company With no Walls’.

Vanessa Tierney is from Ireland, an experienced Remote Leader, Talent Acquisition knowledge broker with a focus and passion for remote, sustainability and diversity.

Tijana Momirov is originally from Serbia, a software engineer turned product manager and startup consultant specialising in gig workers.

For more insights on mastering the remote leadership fast, check out “Your Company with No Walls” by Vanessa & Tijana.