The Future of IT Organizations: Leveraging Talent Differently
The risks to business continuity posed by single-source supply chains and centralized work hubs have long been recognized. Quickly adapting to changing business dynamics and implementing better talent management practices can be lucrative sources of competitive advantage.
Here are three ways that IT talent management is changing how companies find resources and get things done.
3 New IT Talent Trends That are Here to Stay
1. Automation Opportunities are Much Bigger Than Initially Perceived
Roughly 90% of US tech jobs created between 2005 and 2017 were located in just five metropolitan areas. Concentrations of these types end up pitting companies against their rivals for limited resources, driving up the costs of doing business.
Many companies have now started relying more on automation to save on human resource costs and tapping into economical and efficient remote talent pools, allowing them to pass on the benefits to consumers. Automation can help to reduce and, in some cases, eliminate unnecessary manual work which accelerates delivery and scalability. To alleviate the competitive hiring environment, companies are turning to automation. With the changing workforce and organizational models, adapting to automation technology will be significant.
2. New Business Partnerships Can Break Traditional Industry Divides
CVS, Hilton, and Marriott are not businesses you may think would ever have common grounds on which to perform business together, but that is exactly what is happening with furloughed hotel employees filling thousands of open positions at CVS.
Companies are now leveraging negatively impacted industries to find skilled candidates with transferable experience, and reevaluating the requirements needed to fill positions. This movement between companies and across industries sets a new standard for how and where valuable human capital can be found in times of market upheaval. This is especially important for IT firms since, by its nature, tech work can usually be accomplished from anywhere. Furthermore, because of IT worker fluidity, companies need to devise staffing strategies that take into account the high worker turnovers seen in the IT space and work with partners to create a talent pool approach vs. the traditional IT bench.
3. Flexible Talent Marketplaces are Underutilized
A Boston Consulting Group report found that talent marketplaces are underutilized and significant opportunities exist for workers and companies alike to benefit from contract and freelance resources. Another survey found that roughly 40% of senior executives used online marketplaces to find workers. They expected that percentage to grow significantly over the coming years.
Companies must shift and adapt to the ever-changing needs of the global workforce. The new normal for everyday workers has changed, and this is an opportunity for companies to reevaluate gaps and successes within business practices.
Experis Delivers Effective IT Talent Staffing Solutions to Tomorrow’s Emerging Businesses
Now more than ever we realize the importance of getting the little things right when it comes to running a business. Businesses can only have an impact if they have the right people behind them to build and develop their ideas and take them to market.
At Experis, we consider global trends, changing market dynamics, and new opportunities such as automation and business synergies to help IT firms procure the people, talent, and teams they need to remain a step ahead of the competition.
Contact us to learn more about how our solutions can improve your business efficacy.