The new competitive advantage: Digital workforce governance

With up to 68% of total business costs spent on your workforce, how you govern that workforce can profoundly impact your success (or failure). This asset is often not carefully planned, assessed, or optimized despite its importance. As a business matures and expands, its workforce governance strategy will have a lasting financial impact.   Workforce governance  affects every aspect of a business, including compliance, cyber security, internal controls, and even the speed of innovation. Companies must find ways to effectively manage job roles and privileges to the work performed. Having the right people in the right job is the foundation of optimization. A well-managed process of assigning job roles and privileges creates better communication, more clearly defined job roles, increased security and risk management, and greater market alignment, among many other benefits.   The term "work smarter, not harder" captures workforce governance's essence.   The concept of wor...