3) The Convergence of VMS and FMS The continued adoption of FMS software in 2015 will produce ramifications for other segments of the labor ecosystem, particularly project-based contingent labor. Vendor Management Systems (VMS), which are used primarily to manage temporary staff and contract labor, do not address the specific needs of freelance management.
Yet data science, as a business, is still young. As the technology moves beyond the Internet incubators like Google and Facebook, it has to be applied company by company, in one industry after another.
At this stage, there is a lot of hand craftsmanship rather than software automation.
So the aspiring software companies find themselves training, advising and building pilot projects for their commercial customers. They are acting far more as services companies than they hope to be eventually.
While that may sound like a condition to be remedied, in fact we are living in an era where uncertainty and ambiguity are increasing. The reality is that we can’t shoo it away by becoming more rigid, creating more rules, or imposing more authoritarian controls. We need to loosen control, make more whitespace, give people more autonomy, and rely on the network of loose connections to influence everyone’s actions. We need a climate of soft power in a social network based on sparsity, not density, where weak and lateral connections dominate. That is the wellspring of organizational flexibility and adaptability.