Having worked in HR as both a consultant and a permanent employee at various stages in my career, it’s very interesting to note how the typical corporate structure has evolved over the years. I suppose one couldn’t really refer to it as an industry per se, but corporations have gone through what pretty much every industry goes through, that being experiencing a period along its development where it operates in somewhat of a peak-boom bubble.
There was a time when corporations were pretty much untouchable by way of the strong position they found themselves in to consistently rake in some big profits, with all the element required to consolidate on their strong positions really only coming down to a matter of compliance. Legally the corporation is covered in that it can hire a team of the best legal experts to make up an entire division for example, so too in all other areas of operation, such as HR, marketing, etc.
Of course then you get the core business operations, which is the main topic of discussion in this particular post in that the changing face of the business environment has had traditional corporations needing to adapt. The barriers to entry into the business world have been considerably lowered to say the least and in many cases even one-man operations can take on entire corporations by way of competition.
This is where the importance of managed solutions comes to the fore as all these different kinds of managed, unintegrated solutions pretty much epitomise the contemporary model of doing any business. It’s not so much a matter of it being a trend just for the sake of trending, but rather a matter of efficiency and gaining whatever competitive advantage one can have. In many respects it’s simply a matter of survival – adapt or die!
Now, there are many different kinds of unintegrated solutions on offer, not least of which are legal services for example. I mean it wouldn’t make any financial sense in this day and age for a company which isn’t directly involved in the legal field to have full-time legal experts on its payroll, especially since single-discipline legal firms naturally offer those services at specialist level. I don’t want to fully refer to it as outsourcing, but that’s what it is really – you’re placing your focus on the core business operations of your organisation and leaving some of the specialised requirements to the experts, but those experts are independently contracted.
This applies to more domestic arrangements as well and not just to the typical corporate structures. If we take a closer look at a growing trend around Phoenix AZ HOA management for example, it’s seen as somewhat archaic for one of the property owners to be elected as a manager of their Home Owners Associated. Rather, professionals are commissioned as a kind of “off-site” management company, bringing in that much-needed professionalism to the operation of the matters concerning home owners and the general management of their properties.
Ultimately, what managed solutions do is offer a much more objective point of view in the handling of certain duties of which the quality could have otherwise been compromised by partisanship.