7 employment trends your resource management tool must accommodate

7 employment trends your resource management tool must accommodate

The way we work today is changing fast. Technology is radically altering how employees can do their jobs, automation is removing the need for humans to conduct certain repetitive and simplistic tasks and younger generations have come to expect more flexible working styles. Successfully adapting to these employment trends will ensure your company attracts the best talent, can become more innovative and productive, and ensure you utilize your resources in the most effective way. Your resource management tool should help you adapt to these new trends, allowing you to be ever more proactive in the way you manage resources.

So, for 2017, what should you expect from a resource management tool? We’ve drawn together seven global employment trends that your resource management tool should be able to adapt to in 2017.

The 7 trends

1. The ‘gig’ economy

The so-called gig economy refers to the rise of freelance workers in many countries. From couriers to freelance production editors, IT contractors or taxi drivers, countless firms are turning to independent and self-employed individuals to respond to dynamic resourcing needs. The benefits for employers are clear—you get the resources you want when you need them, ensuring you aren’t paying for resources you’re not actually using.

Your resource management tool should: let you dynamically plan for your resource needs months in advance through visualizations that show you what demand will be.

2. An unpredictable global economic climate

According to the IMF, the global economy is looking up, yet there are also a lot of clouds on the horizon and a lot of unpredictability about the availability of work in the coming months and years.

Your resource management tool should: allow you to carry out what-if analysis, creating alternative plans for your projects should there be, for instance, an unexpected downturn in your market.

3.  A more empowered workforce

As this Forbes article explains, the improved economy will mean employees will expect higher salaries, and will be more likely to look for new work elsewhere.

Your resource management tool should: help you prepare and plan for alternative scenarios where key employees leave. It should tell you which skills shortages you have and what kinds of people you need in your business.

4. The blended workforce is evolving

Closely related to the ‘gig economy’, many firms are expecting full time employees to work more often with freelancers and contractors and form cohesive teams.

Your resource management tool should: allow you to review what skills your current staff have—as well as how busy they actually are—and visualize how they could be complemented by the skills and time of freelancers or contractors. Remember also that contractors tend to cost more, so your resource management tool should also demonstrate cost per resource.

5. Teams over individuals

Modern business culture is increasingly valuing the abilities of teams over prizing the talents of individuals. Across industries, businesses are restructuring to focus more on teamwork. This is for two reasons: millennials, who are an ever-larger part of the workforce, have been educated to work collaboratively, and so are more comfortable working in this way. Second, multi-skilled teams can help organizations better adapt to the demands of a highly complex economy—a team can respond better to a complex customer request than an individual.

Your resource management tool should: allow you to model your employees into teams which include people with the right mix of skills and talent.

6. Agile project management is more important than ever

Agile project management is, ever more, the go-to method for managing projects. More flexible, more adaptable and less wasteful, it allows you to respond more effectively to today’s unpredictable markets.

Your resource management tool should: sync up with your existing project and portfolio management tool, and give you insights into how to deploy resources in correlation with those plans.

7. The cloud and location independence

Our world is ever more connected, and cloud and mobile technology allow for individuals and teams to collaborate on projects regardless of location. Whether it’s reporting on project progress from an oil rig, commenting on an accounting document or viewing project plans from a construction site, the cloud and mobile allow employees to have instant access to key documents and project plans regardless of location.

Your resources management tool should: provide you with the potential of viewing resource allocation in the cloud and be mobile friendly.

Is your resource management tool prepared for 2017?

The way we employ and deploy resources is changing fast, driven by technology, changing business culture and different expectations of the workplace across generations. To succeed in this era, your resource management tool should be capable of helping you adapt to this ever-changing scenario and receive continuous updates which will ensure you are prepared for 2017 and beyond.

Tempus Resource is recognized by Gartner as a Cool Vendor, and provides resources managers with the most powerful tools for managing resources in a way that responds to the realities of today’s business landscape. Want to learn more about ProSymmetry? Contact us today.

Get in touch to arrange a free trial Contact Us