in the news

HRO Today: Teresa Creech of Randstad Sourceright Talks about the Evolution of MSP

Thursday, May 31, 2012
From HRO Today magazine, May, 2012.  "Going Mainstream"

"....some of the top providers of managed services programs (MSP) and related advisors recently shared their views on trends in workforce solutions. All the respondents agreed that MSP is at an inflection point, one in which experimentation is giving way to more standardized practices. Primary among these is growing interest in an integrated approach to meeting an organization’s talent needs to drive its strategic objectives."

"...Teresa Creech, president of managed service programs Randstad Sourceright, also comments on greater functionality as a major trend. “We’ve seen the addition of new work categories, such as SOW, light industrial, and clinical, and the expansion to multinational and global program architectures. We’re also seeing a trend toward the blending of MSP and RPO.” These trends, she adds, are driven in large part by the desire to achieve more value over time. “Many MSPs are second and third generation; therefore, the value from traditional temporary labor categories has often already been optimized,” Creech explains. “By addressing the edges of these categories, both clients and providers have an opportunity to produce significant increases in measureable results.”

Read the article in HRO Today magazine