Hot questions in this board:
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Uberization of Workforce and increasing participation of global non- regular employees
With the increase in Contract Employees particiaption in Senior and even executive managment/ Board level what are the limits/ possiblities to improvements in Business Strategy development & roll-out, will it be encourage/supported by Owner / Board/ Public - stock holders ?
The notion of Just in Time staffing has existed for years within staff level positions and, to a lesser degree with senior and executive staff. The issue will invariably emerge of a conflict between the consultant's interests and those of the client. Admittedly, this can happen now with employees however when there is no fiduciary responsibililty and merely an expectation of fiduciary responsibility, there is a potential new risk that lawyers will love to get a hold of and litigate.
The improvements in strategy could be significant because of the increased breadth of perspectives that people from varied backgrounds bring. The potential unintended consequence is more compromised strategy execution. The risk being that contract talent may not be managed in terms of accountability as assertively as full-time employees. The organizations that I have seen do this the best have well structured contract management/accountability management processes.
On the balance I think this trend is a strong net positive for business.