Internet connectivity is no longer limited to computers and phones and its rapid move into the everyday is opening up new opportunities for organisations – and their staff.
Cognizant cites:
“The Internet of Things (IoT) is a fast-emerging ecosystem of IP-connected devices with the
potential to deliver significant business benefits valued at trillions of dollars in the coming decade across industries.”
Our ability to connect to the Internet via smart watches, fridges, cars and everything in between is fuelling a digital surge spearheaded by strong leadership and digital talent. We take a look at the sectors potentially affected by the business opportunity on offer.
The Impact on HR
The impact on HR departments is in IoT usage as supposed to creation of IoT technology. Workforce.com reported that HR professionals developing wellness programs are already using IoT – for example, by handing employees sensor driven technology to track the number of steps they take in a day or monitor heart rate data, IoT is reducing organisational healthcare costs.
The Impact on Leaders
Leaders are needed to explore the creation of new IoT technology and bring ideas to fruition, and ultimately profitability and business growth. Managing this undertaking is not easy and today’s staff in leadership roles are being challenged as they’re tasked with meeting the IoT gold rush. SpencerStuart.com cites leaders in this space tapping into external sources outside the organisation and even collaborating with competitors in order to be first to market.
The Impact on Other Roles
The report by Cognizant also cites examples of IoT impacting the manufacturing, automotive, healthcare, retail, oil & gas, insurance and utilities industries – in short it’s permeating many a workplace!
The report predicts tighter collaboration with external specialist agencies by organisations to achieve IoT success, the recruitment of top digital talent already in short supply and experts on IoT-ready platforms to develop ideas behind the scenes.
Our recruitment agency operates solely online and we see a real opportunity for IoT to move an already fast-moving area even further. However, the shortage of digital expertise presents a staffing challenge to organisations looking to take full advantage of the moment.
Castle Hill House