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Corporate Marketplace: 

Future Workforce Model

Written by: 
Gregorius Satrio
Business Analyst, Specialized in People Development
SLC MARKETING, INC.

Workforce shift is here…

This is more than just a generational issue, but also mindset and attitude.
New trends of working outside the office (cafe or home), Result-oriented mindset, and Freelancing are gaining significance & popularity.

What drive the trend shift?

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Rise of AI

(Artificial Intelligence)

Artificial intelligence has redefined our way of lives, especially in the management world, AI could help managers in finding the right people for a certain job based on their displayed info and data. Direct example is LinkedIn ProFinder and Samsung’s UpWork system.

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Millennials
&
‘Gig economy’

It is not a new thing that millennials changed a lot of modern workplace, in fact in 2014, due to their unique working characteristic, they invented what Economist say as ‘Gig Economy’. ‘A Gig Economy’ is a free market system in which temporary positions are common and organizations contract with independent workers for short-term engagements.

Internet of things (IOT)

Internet has undoubtedly changed the way management do their practice since it unite all business aspect a single ecosystem.

In fact, the 2 factors aforementioned wouldn’t be possible without the internet and IOT.

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This trend shifting has made the conventional workforce model in a company seems irrelevant.

And here’s what we think of the future will be…..

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Corporate marketplace model

Digital-based, AI supported, Workforce model that enables companies to manage its human resources in a highly flexible manner – constantly adjusting to current needs.

Corporate Marketplace

Non-bureaucratic, team oriented

Flexible worktime / shift

Task-based Position / job

Freelance, part-time worker

Legacy model (conventional)

Hierarchical bureaucracy

Fixed-shift

Role-based position / job

Permanent, full-time worker

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credit : Accenture

Workforce
modelling
spectrum

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In conclusion…

Corporate marketplace model attempt to combine internal & external workforce in a task-based team utilizing AI-aided scheduling.

Essentially creating its own workforce market within a company, thus creating a lean-and-mean organization through on-demand workforce system. 

Screen Capture #192

Why should we change??

Why corporate marketplace??

1. appeal to all generation

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Enables baby boomers to not fully-retired

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Allowing Gen-Exers to have more time with family

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More freedom & independence for millennials

2. Rising trends & significance

30%
Around 35 million workers in Indonesia are freelancers/part-time worker (Kompas;2017)

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Increased number of freelance worker by 26% in 2017 (Kompas;2017)

3. Cost efficient

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Samsung reported a Decrease of 64% in recruitment costs and 44% in administration process time since adoption of their UpWork platform. (2016)

Say goodbye to:

Idle workers

Excess employee overhead

Employee benefits

Administrative complexity

4. Skilled labor warranty

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Due to the nature of free-market in the corporate marketplace model, companies will be able to select the best people to work for their teams in the talent pool.

Are you ready for the future??

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