"The classical employment model - vertically integrated companies hiring full-time employees working standard shifts - has given way to a new approach: The Open Talent Economy - a collaborative, technology-enabled way of doing business through networks and on-line platforms. Unfortunately, many HR leaders are operating as if the classical 'balance sheet' model of talent is still dominant. It's not.

Today's evolving workforce is a portfolio of full-time employees, contract and freelance talent, and, increasingly, talent with no formal ties to a company at all. People move from role to role and across organisational boundaries more freely than ever. These new models look less like traditional companies and more like ecosystems with multiple approaches to mobilising, orchestrating, and engaging talent, skills, and ideas. "

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Jeff Schwartz, Global Leader - Talent Strategies, Deloitte Consulting LLP

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