66
Projected age of retirement
for current workers.


"facticious"
Data that is false or fabricated.

gold
The best data scientists turn
distilled information into pure gold.

butter
Too much churn and
companies lose the cream.

guatemala
Guatemala has the largest CW
compared to population in Americas.

1 in 3
# of working Americans in
the contingent workforce.


"jobsolete"
As some jobs become out of date,
others emerge.

rope
In a conformity string, we call attributes
that impact cost and availability of
qualified job candidates "pieces of work".

2%
Projected growth office/clerical
staffing 2013.

44%
Companies implementing proper
measures during offboarding.

singapore
Singapore was world's top CW
productivity market 2014.

male
Data Scientist: the most wanted
job by employers on LinkedIn
in 2014.

belgium
Belgium has the highest tax burden in EU.

247:10k
Ratio of robots to employees in Korea,
highest level in the world.

36%
Employers who find paying
freelancers cumbersome.

stars
The big star in our universe is Data Centauri.

40
% of American workforce projected
to be freelance by 2020.

crystalball
Predictive analysis is only as
insightful as the analysts.

sugar2
Data should never be sugar coded.

bow
A good strategy stretches without
changing its basic shape.

19.6wks
Average length of unemployment
of managerial candidates.

17m
# of workers with tenuous
ties to employers.

37
% of senior HR officers identifying
talent management as top HR issue.

questions


To find answers, we formulate questions.
Then question the questions.

< 20
% of private sector workers receiving
employer sponsored health insurance
by 2025.

16%
CW population at average
large company.

france
France has the highest
tax burden in EMEA.

70
% of Fortune 100 who’ve
implemented a VMS.

-1.5m
Shortage of US managers able to
analyze big data and make decisions
based on findings.

£2.6b
Amount NHS spends on
temp staffing.

shamrock
Independent contractors can
be reclassified by Irish courts.

CWS 3.0: February 27, 2013

By Christopher Minnick

I recently had a conversation with a procurement professional who is responsible for overseeing a couple hundred million in professional service spend.

He knows there are significant opportunities to save money and manage risk better but he is fairly new to the world of professional services and was not sure where to start. He knew he ultimately needs to convince two internal stakeholders, the executive vice president of HR, and his boss, the chief procurement officer, that there’s a project worth taking on.

The first objective was to identify a project that would meet the expectations of his stakeholders. While his boss was focused on cost savings, the EVP of HR was focused on the cost to the company due to poor worker quality. While many HR professionals are focused on talent quality, it is somewhat rare to hear that a HR professional is focused on the cost of poor quality. We set out to create a problem statement.

A problem statement is essentially a boiled metric of a project and is critically important to communicating and directing your project mission. Your problem statement must be quantifiable and specific. It focuses your team on a process deficiency or defect and enables you to communicate your project’s purpose to key stakeholders.

Here’s the problem statement that we developed:

PROBLEM STATEMENT: 25 percent of assignments terminate prior to the agreed-upon end date, resulting in increased cost of $11 million and end-user dissatisfaction rates in excess of 50 percent.

The statement is specific; it defines figures that illustrate the problem and calculates the cost and end-user satisfaction issues.

In contrast, a poor problem statement would be: We need to decrease the high number of workers leaving before their assignment ends.

Creating a good project statement is one of the hardest things to do. Through your statement, everyone understands what the problem is and what the benefit will be once you and your team has fixed it.

I am glad to report that my colleague now has two, instead of just one, executive sponsors for his project. It’s always good to have the support for your project from senior-level executives across different functions within your company, especially when one of them is your boss.

View on the Staffing Industry Analysts website