Companies have increasing opportunities to tap into a virtual, on-demand workforce that’s proving to be a third-generation sourcing ecosystem for key talent. The human cloud offers a competitive advantage for startups and SMBs to compete with large enterprises by leveraging specialized skills and expertise that are outsourced globally. In this article, we’ll take a quick look at what the human cloud is and the benefits that come from remote team collaboration.
Foundr Magazine’s Editor-in-Chief and Publisher Nathan Chan was sick and tired of hearing about how entrepreneurs were killing it in life and business. He set out with ‘a passion project’ that led him to interview some of the most influential entrepreneurs around the world, and shared his findings through a cool monthly digital publication known as Foundr Magazine. For Nathan, the launch of this successful project would not have been possible if it wasn’t for a human cloud service like Elance, which allowed him to leverage overseas talent and build a solid team of graphic designers, audio/video editors and writers. All tasks and projects for each issue of his magazine is run via the platform, which conveniently auto direct debits and pays for his contractors.
Just like Nathan Chan, business owners are beginning to shift their labor demands from local to global. According to an online survey by Wrike, a social project management platform provider, close to 44% of business owners are already predicting a rapid shift to distributed teams in their companies. For them, technology can make their virtual workers just as efficient as if they were collaborating in one office. Remote collaboration via the the human cloud is indeed a game changer that benefits companies such as startups who are inclined to spend fewer resources to build their business infrastructure. Before we get into these advantages, let’s acquaint ourselves briefly with the human cloud paradigm.
What is the “Human Cloud”?
For those who are already familiar with cloud technology and services, you may know that the modern workforce no longer has to be tied to a physical office. Gone are the days of commuting and trudging along with the herds to get to cube farms or bullpens which some employees may regard as productivity- and soul-killing places.
In the new world of the human cloud, work is a digital cloud space where staff perform white-collar tasks from any location and on any device. Collaboration, file sharing or discussions on projects are done effortlessly and efficiently in a flexible and productive manner, rewarding team members solely for their output — regardless of their location, education, gender, or race. For employers, it’s not hard to see the promise of the human cloud as a greater and more visible assurance of on-demand worker supply. Although having a virtual workforce has a few challenges, knowing how to overcome them can yield great benefits for SMBs and particularly, startups.
Benefits of hiring on the human cloud
Low cost. The human cloud eliminates time and money wasted on traditional employment processes. Hiring is fast and easy; you pay for the skills you need on a transactional basis — as opposed to paying a high monthly wage on physically hired talent who may have too much idle time.
No overhead. Hiring on the human cloud requires no overhead for office space, thereby enabling firms to stay lean and profit-focused. By becoming “virtual”, teams can work independently from their homes or coffee shops.
Get skills on-demand. Employers can contract for micro tasks such as copying text from business cards to larger tasks like selling products for a fee. Others may benefit from human cloud talent sourcing for more complex project work such as software design and programming.
Global talent pool. Today, every organization or startup can be ‘multinational’, i.e., they are no longer limited by geography in finding key talent with specialized skills. A good idea can come from just about anywhere and can be performed and delivered from anywhere.
Easy collaboration. Using an online platform gives SMBs the ability to manage projects through virtual workrooms. Wrike’s survey revealed that to a significant extent, collaboration software is important and even mission-critical for remote teams to work efficiently.
As more startups and SMBs become familiar (and comfortable) with the advantages of human cloud, the future of work means that location is not the most important factor in determining who will contribute to your business’s success. A worldwide network of online contractors is now ready to serve you with the qualifications, skill sets and shared enthusiasm you seek to turn ideas into valuable products or services. For more information on how to leverage cloud technologies or collaboration software, please get in touch with any of our cloud specialists.