Free Tip of the Week (10/14/2011)

International Workforce Integration Consulting

Innovation is the Key to Profit Maximization, And Integration is the Key to Innovation. But in order to integrate we must Communicate.”

By Josh Kimbrough ICN Senior Exec. Staff

In today’s current market some industries have become flooded with new start-ups as well as expanded firms that are currently in the market. Furthermore, buyers have become more skeptical and production costs have even been driven up. It is no coincidence that organizations need to minimize expenses and maximize profits as much as possible.

Integration can be once again thought of in a different light as means to help these ongoing concerns. We have discussed a fair share of integration strategies in the previous tips of the week but complete integration can never be accomplished.

Integration is not a factual or scientific occurrence. Its affects can be measured and explained with mathematical and scientific outlays but cannot be created with these procedures. Integration is organic and flows freely with every situation as a nimble solution unique to each problem. Once integrative thought processes have been achieved then the light bulb in your head will turn into a wild fire and innovation will start to occur.

A way that organizations can effectively lower labor costs is to use “Workforce Integration” to integrate new types of labor that are traditionally not used. In other words, diversify work force with more human capital assets than hourly or salary workers. There are numerous ways to achieve this.

Some organizations outsource the work to organizations that have effectively found ways to lower production costs. In turn your expenses will be lowered by outsourcing work. Another option is hiring a consultant, one person to help innovate or re-create procedures and strategies. This will help effectively lower cost and it will help generate new options and potentially new revenue that would not have been realized.

All those options are effective, commonly practiced, and have been proven successful. But the option ICN is presenting is less proven on a large scale but has been proven on a individual level hence why it is being presented. The method is less known as “JTP” (job transition programs) coined by ICN.

Market research shows that the few innovative organizations that have integrated JTP strategies in there organizational goals have effectively been able to lower labor costs. Job transition programs are any company initiatives in place that allow diverse non-employee, based workers to gain experience and participate in the normal logistics or business operations of an organization for reasons other than direct pay.

Some of the reasons for non-employed workers to participate in JTPs are educational, motivational, acquired training, acquired experience, acquired qualifications, networking, or potential for future opportunities. One of the most popular are internships; programs that offer a career at the end of the program. Organizations that adapt to these trends have proven to experience high success rates.

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