We just launched our VMS Practice Group website! It is a media intensive portal for the VMS industry and we're excited by the content we have on it!
Here is the pdf version of the press release.
The awards continue to pile up for 294th fastest growing private company in the United States!
Congratulations to the team at TalentBurst!!
Click here to read the press release.
Back in March 2008, we wrote about being selected as tier-1 partner almost right out of the gates of a nascent relationship. Interestingly enough, the client further reduced it's supplier base down to 8 in June 2008, and TalentBurst has been retained on that list!
This is credible proof of our hard work and also validates what our team always felt about our approach - we're continuing to successfully deploy our winning strategy across multiple clients and that is just great!
Competition, you better watch out! :)
This is really exciting news for all of us at TalentBurst!! We had our vendor review a couple of days ago and were given a glowing performance report by our client... we are now the #1 contingent staffing partner for this VMS / MSP client for their financial services client in California.
Here is the HTML press release and PDF version that we created.
Congratulations to the TalentBurst team and consultants!
A good blog post by Subhadhra Sriram over at Staffing Industry Analysts Inc. She tackles the thorny issue of double submittals, arguably one of the very few articles written on the subject. This topic affects almost all parties concerned like candidates, recruiters, VMS (if any) and most importantly, the end-client.
Q1 2008 has been great for us after coming out of a tough Q4 2007.
Just yesterday, we were recognized by a top Vendor Management System (VMS) organization for our partnership with them at a particular end-client, which is personally gratifying because we constantly pitch "partnership" in our presentations and client meetings. Now we're being validated as well.
Here is the link to our press release on the topic.
Very few firms really understand or have the interest in working with VMS because it is a very specialized marketplace (by no means is it small!) and the challenges presented by VMS clients are very different from what a traditional staffing firm is used to dealing with on a daily basis. It takes an innovative firm with creative executives to drive operations in the best way possible to deliver top flight service to clients, while managing cost.
VMS is typically a high-volume, slim margin and high-pressure environment. On top of this is the vendor neutrality piece (which we love because it is the right thing to do and in fact gave us the opportunity to prove ourselves enough to land on the Inc. Magazine and the Boston Business Journal's business lists!). So traditional staffing agencies only reluctantly serve these clients, while a nimbler and more innovative firm like ours comes out of nowhere and delivers effective results immediately.
The Boston Business Journal has recognized TalentBurst as a "Pacesetter" for 2008. We're one of the fastest growing regional private companies.
The implosion of Chimes in the first week of January 2008 definitely jolted the entire VMS and IT staff augmentation industry. However after speculating and pondering over why the largest VMS went belly up, I think it is safe to say that a handful of irresponsible people probably blew up what was the most successful procurer of IT staff augmentation services. In my opinion this is an isolated incident and not indicative of the direction in which the IT staff augmentation industry is headed. The Chimes business model was very successful under Computer Horizons so I encourage everyone reading this post to look back in history and not focus on the carnage of the past 2 weeks.
Having worked with VMOs since they first came into existence I would urge the customers to replace all Chimes implementations with other viable solutions like those offered by Guidant Group (previously Comensura), PrO Unlimited or Beeline. The VMS business model does indeed help reduce consulting spend, it plugs leakages by hiring managers and improves supplier productivity. Oh yeah, lets also not forget that VMS also helps reduces chaos around the hiring process.
I urge all decision makers at the F500s to focus on the merits of Vendor Managed Solution and not the irresponsibility of a few key executives. Chimes is now history but the VMS industry is poised for continued growth, I know TalentBurst will be a part of it, I hope you will too!