Liquid Workforce: The Workforce of the Future

Introduction

Creating an efficient and effective workforce has been the top priority of the HR function for decades (Sidibé & Campbell, 2015). However, to catch-up with the ever-changing business needs and dynamic corporate environment, the ways of managing workforce have undergone a sea-change since the pre-classical era (Hoang, 2015). Organizations in the modern era are digital, extremely competitive, global, and highly result oriented. In such a scenario, managing the workforce effectively is the best way to retain competitive edge and remain globally relevant (La Rosa, 2016). Whereas the digitization of most of the HR activities has made HR function simpler and efficient, it has also necessitated a turn-around of the current HR practices to address the dynamism in today’s workforce (McFarland & Jestaz, 2016). This chapter mainly describes the concept of liquid workforce and how organizations can embrace the dynamic work environment by using their workforce.