Presentation Profile

How Scientific Companies use the Talent Supply Chain Management Model to Link Human Capital to Business Needs to Increase Productivity and Efficiency

Currently Scheduled: 1/18/2018 - 9:00 AM - 9:30 AM
Room: Room 371 D

Main Author
Harvey Yau - KellyOCG

Additional Authors
  • Jeff Garvin - KellyOCG
  • Linda Stuit - KellyOCG
Abstract Number: 144
Abstract:

Just like the conventional supply chain management, talent supply chain management model (TSCM) is an adaptable process of mobilizing and engaging resources on an as-needed basis, creating a lean, streamlined system of input and output. Because it offers oversight as to where talent is sourced, how it's engaged, and how it performs, TSCM allows companies to align their talent strategies with organizational objectives, optimize their workforces, and maximize the potential of their human capital-all while minimizing superfluous and inefficient processes. And by engaging vendors and labor in a manner that's in line with organizational goals, TSCM in effect creates an integrated or holistic system in which each part of the supply chain supports the rest. TSCM offers companies significant competitive advantages, including: • Enhanced workforce planning. • Oversight. • Predictive capability. • Risk mitigation. • Access to a broader talent pool.

Learning Objective 1 To teach attendees how to use the TSCM model to minimize risk associated in human capital when outsource project work: Risk mitigation. TSCM provides complete oversight as to sourcing and deployment of talent. At the same time, it yields data about quality. This enables companies to establish robust IP protection and risk mitigation policies and processes that are integrated with those of their vendors. Learning Objective 2 Workforce Planning Training. The issue is often overlooked. We will present the most effective and creative way to manage attendees' organization's talent asset by evaluating all possible sources of talent in a holistic manner and knowing how to engage workers, companies are better equipped to make sound decisions that are aligned with their overall objectives. We will also cover talent strategy that provides data about the deployment and performance of talent. When carefully analyzed and measured against industry best practices, it facilitates the fine-tuning of strategies to better meet organizational objectives Learning Objective 3 We will cover the advantages to manage projects and different work functional areas with Statement of Work strategies. The "SOW" strategy has been adopted by many leading scientific companies globally. We will also provide examples how the engineered workforce management models can be tailored to the specific needs of core or non-core functions of laboratory or scientific operations. The strategy has been adopted by many leading biotechnology, pharmaceutical, environmental consulting, chemical, energy and other companies in various other sectors to achieve tangible results in the functional areas of analytical testing, stability sample management, lab management, QA/QC Support, chemical inventory & maintenance and animal husbandry services.