In this series from the SAP Fieldglass implementation team, we are discussing different considerations for tackling the challenge of expanding your program around the world. Today, we're joined by Joanna Walker and Peter Boshoff, Project Managers on our EMEA team, to talk about establishing your governance model. Welcome, Joanna and Peter!
You've purchased your Vendor Management System (VMS), identified your rollout plan and have your resources in plan.
Now it's time to put in place a governance model, even if you don't think you need it!
Everyone seems to be talking about the future of work. I asked my fellow interns here at SAP Fieldglass about their thoughts on the subject to find out how college-age workers think work will change in the coming years.
After gathering the responses, I found that three words appeared most frequently: collaboration, flexible and balance.
July's monthly jobs report showed the US economy added a robust 255,000 new jobs for the month, beating analyst expectations of 180,000. This positive report follows encouraging news from June, following a devastatingly low May which saw only 24,000 jobs created. While we are seeing significant job gains, the headline unemployment rate and labor force participation rate remain relatively unchanged.
According to Staffing Industry Analysts' (SIA) latest research, 90% of contingent workforce programs either manage Statement of Work (SOW) spend now or plan to do so in the immediate future. This large, growing area of spend encompasses a variety of engagement patterns and services categories. In many cases, these engagements are still being under managed.
Expanding a flexible workforce management program globally is no easy feat. Barriers to commencing a global rollout commonly include stakeholder buy-in, fear of the unknown, and budget and resource constraints. In the face of these challenges, it can be tempting to advance without a solid foundation and hope that the project gains momentum and support as it goes.