Our Odyssey into the Future of Work
Behind the Scenes in the Project Brains Studios
👋 Hello, Project Brains community! 👋
We are thrilled to introduce our recent feature in the Your Business - Spring 2024 issue founded by James Caan CBE of Dragon's Den fame. Our co-founder Balram Pal was quoted on how small and mid-sized businesses can best manage their growth projects: A Hire Power. 🚀
In this newsletter, let us go behind the scenes to better understand the transformation in the world of work: from storyboard 🖼️ to the script 📝, and casting 🎭 to editing ✂️.
🎬 To produce this opus we
As we premier “Our Odyssey into the Future of Work”, let us grab our popcorn buckets and share reviews on why this matters to all of us. 🍿🥤
First, we storyboarded key facts
In a rapidly evolving economy, staying ahead requires more than traditions, including hiring and talent management practices. Next, we brought the limelight of three key facts, backed by solid stats, to put business challenges at the center of the scene:
1. Talent Shortage. According to consulting giant McKinsey & Company , a staggering 87% of companies globally are grappling with talent shortages. This alone should spark a deep dive into alternative scenarios.
2. Rising Costs. We turned to the UK Office for National Statistics , revealing surging UK wage bills - over 30% in the past five years. These new challenges for cash flow and capital, push businesses to act differently.
3. Risk of Mis-Hiring. We found that the cost of a mis-hire in a typical UK small or medium business is a hefty £125k, as calculated by Oleeo . This eye-opening bill jolts most CEOs and CFOs, further validating the need for precise and flexible options.
Then, we curated some real stories in the Community
To bring numbers to life, we spoke with businesses that have found a better model in your Project Brains community. Here are a few star examples:
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🚚 Global Logistics Transformation.
We covered the story of a global logistics company that mobilized a team to modernize its infrastructure in just 15 days, with a fractional team from the Project Brains community. Swift action cut their high operational costs and edited out error-prone processes.
🌞 Renewables Finance.
For a PE-funded European renewables business, we scripted the roles for experienced specialists in the international treasury to improve their precision in financial management. Within seven days, specialists from our community were embedded into the company’s performance narrative.
🆙 Scaling Tech Partnerships.
A fast-growth enterprise data & AI services company quadrupled its revenue in three short months with a walk-on part for a fractional partnership specialist on their set. The specialist from your Project Brains community composed a scaling plan through vital new partnerships, driving new growth.
Thirdly, we shared our epic vision. Embracing Fractional Specialists
In the editing room, the full motif emerged: agility and precision offered by fractional talent will be indispensable in the Future of Work, starting today with fast-growing businesses. 🚀
Fractional specialists make their special appearance with targeted expertise, exactly when it is called for. They bring a flexible and lower-risk alternative to traditional models such as hiring, consulting, and outsourcing. By integrating fractional experts into their ensemble, businesses can capture the market opportunity with confidence. This approach fosters the narrative of innovation, it advances the story of sustainable growth, by bringing the right talent at the right time to the right scene. 💡
Engage in the dialogue
For a Director’s Cut to immerse yourself into this new vision, read the full transcripts in the on the Project Brains press highlights page. Embark on this Odyssey with us in the Project Brains community. Together we will illuminate the Future of Work anew.
We are always eager to connect with you and discuss how our insights and services can help your business thrive. Get in touch on LinkedIn or Web or email us on info@projectbrains.io
Tally ho!
Your Project Brains Core Team