When new skills are required in IT and there is no one available who can fill the skill gap, the hiring manager is left with three main options - hire a new FTE, bring in a contract worker, or outsource the functionality - each with its own benefits and risks.
There are five key factors that determine the effect of each of these acquisition methods. This tool is intended to set reasonable expectations for the level and kind of impact that will follow the hiring decision.
- Answer questions on your anticipated needs regarding urgency, importance, novelty, scarcity, and cost.
- Receive a skill acquisition impact diagram specific to your skill need.
- Use the diagram to determine which acquisition option will best suit your level of need.
The total cost of ownership of people services is less when an organization makes the right staffing choices.