What Challenges Might Leaders Face with the On-Demand Model?
While the on-demand model offers numerous benefits, it also presents certain challenges:
Resource Management: Balancing resource allocation and maintaining quality standards can be difficult, especially during peak demand periods. Technology Dependence: Over-reliance on technology can expose the company to risks such as cyber-attacks or system failures. Workforce Morale: Managing a flexible workforce might lead to issues related to employee engagement and morale, as temporary workers may feel less connected to the company.
Business leaders must develop strategies to mitigate these challenges, such as investing in robust cybersecurity measures, maintaining a balanced workforce, and fostering a positive organizational culture.