As the war for talent intensifies, IT recruiters are turning to a new talent management strategy – Talent Acquisition Ecosystems. These consist of a network of stakeholders, technologies, and strategies that work in cohesion to provide organizations with dynamic talent pools within IT.
According to this strategy, companies need to become proactive in developing mutually beneficial relationships with customers, suppliers, and even competitors to ward off threats by new players in their market. Engaging both the competition and customers to become active participants in this ecosystem is innovative thinking for the temporary workforce solutions market, which is a fairly competitive and individualistic industry.
However, this is how business is done today. For example, Nike cooperates with Amazon to sell and distribute their products, and Microsoft has a Partner Ecosystem consisting of 640,000 partners, vendors and service providers that build or sell solutions based on Microsoft products. ‘The whole is greater than the sum of the parts’, and many different industries are already reaping the benefits as we speak.
The Advantages of a Talent Acquisition Ecosystem
Working with a Talent Acquisition Ecosystem can be very beneficial for everyone involved:
- Customers can reach out to a larger pool of IT talent from an ever-expanding industry network;
- Candidates can gain exposure to new and meaningful opportunities across locations, realizing their true potential;
- High-performing staffing partners are more easily targeted in the ecosystem, unlocking greater efficiencies, cost management, system optimization, and visibility.
All things considered, this ecosystem approach provides access to experienced IT staff and offers greater resources to drive speed and innovation. It goes beyond the monolithic Managed Service Provider/Vendor Management System model to a more loosely coupled network model of staffing. To do so, it relies on interdependent partnerships, alliances or collaborations to drive more value-added services. The ecosystem model addresses customer demand in a dynamic way across their total workforce, enabling participants to provide a broader range of services and expand revenue opportunities.
Ecosystem thinking is about leverage. Integrating your operations with partners/allies will deliver a more robust solution. Together you can offer a broader range of staffing choices, technology solutions and workforce strategy to provide a tailor-made service for every client. The end result to the customer is a valuable end-to-end system with the right know-how, global partners and technological expertise to find the correct IT professional for every IT challenge.
The Role of Ecosystems for Simac ICT Belgium
The Talent Acquisition Ecosystem is fundamental to the business model of Simac and enriches our relationships with competitors and customers. Despite the effort that goes into the practicalities and communication flow between all parties, this is a positive approach that enlarges any business network. It creates a common platform for IT Staffing companies to connect with each other and complement their client offers if one party has insufficient personnel for a specific project.
The Talent Acquisition Ecosystem is a complex and intricate collaboration between all parties involved, but in our own experience it has provided real improvement to our business. The better you know your partners within the ecosystem, the more assured you can be that they will deliver the same amount of quality services that you deliver yourself.
All for One and One for All!
In this accelerating IT business environment, you need to have an awareness of the big picture and find ways to play a role in it. The rise of ecosystem thinking is an opportunity to create a powerful new competitive advantage and build partnerships that will enrich your IT Staffing business in unison with your ecopartners.