What the New Freelance Economy Means for Your Talent Strategy

HBR IdeaCast

Harvard Business Review

Leadership, Entrepreneurship, Communication, Marketing, Business, Business/management, Management, Business/marketing, Business/entrepreneurship, Innovation, Hbr, Strategy, Economics, Finance, Teams, Harvard

4.4 • 1.9K Ratings

🗓️ 23 January 2024

⏱️ 31 minutes

🔗️ Recording | iTunes | RSS

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Summary

The rapid pace of technological change is making a big impact on hiring. Some organizations are dynamically securing freelance workers through platform apps like Upwork and Freelancer. Other companies are investing heavily in work enabled by artificial intelligence. John Winsor and Jin Paik say these structural changes call for a reimagining of your talent strategy — one that is open to flexible, project-based work for talent inside or outside your organization — and they explain how to go about it. Winsor is the founder and chair of Open Assembly and an executive-in-residence at the Laboratory for Innovation Science at Harvard. Paik is a cofounder and managing partner at the AI consultancy Altruistic and a visiting research scientist at Harvard Business School. Together, they wrote the book Open Talent: Leveraging the Global Workforce to Solve Your Biggest Challenges and the HBR article "Do You Need an External Talent Cloud?"

Transcript

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0:00.0	We want to tell you about a great way to get caught up on the day's most important and interesting stories.
0:07.0	It's The Seven from the Washington Post.
0:10.0	Every morning you get a quick rundown of seven stories under seven minutes.
0:14.7	Follow and listen to the each. Welcome to the HBR Idea cast from Harvard Business Review. I'm Kurt Nickish. We've talked a lot on the show about how the pandemic has changed work and how
0:50.0	artificial intelligence is shifting how we work and even the skills that individuals need to cultivate.
0:56.4	Related to all this, there's another major shift happening at the same time,
1:01.8	namely in how organizations secure talent.
1:06.0	Basically, the changing workplace and new digital technologies are enabling more of an open talent strategy.
1:14.0	That's where a global business can find skilled help quickly and affordably on an as-needed basis.
1:21.0	And today's guests say that we're headed toward this new approach to hiring, one that sees
1:26.2	talent as part of an open network, not a closed rank and file workforce.
1:32.0	To learn more about what that means in practice.
1:34.0	We're joined now by John Windsor,
1:36.0	founder and chair of Open Assembly.
1:38.0	He's also an executive and residence at the Laboratory
1:41.0	for Innovation Science at Harvard, and also Jin-Pake, co-founder
1:45.9	and managing partner of the AI Consultancy Altruistic, and a visiting research scientist
1:51.3	at Harvard Business School.
1:53.2	Together they wrote the new book Open Talent,
1:55.8	Leveraging the global workforce to solve your biggest challenges.
2:00.1	John, it's great to have you on the show.
2:02.0	Thanks Kurt, really excited to be here.
	...

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