The new industrial revolution created the necessity for companies to shift to the clouds and to transform digitally. While different businesses are at different stages in their transformation journey, the momentum is there, with no company willing to be left behind. It is generally known that traditional companies do not fare well against digitally native companies that boast of streamlined operational processes and are providing improved customer experiences. The need to be competitive with the digitally native companies has made it urgent for traditional companies to ramp up their attempt to digitally transform.
Companies must make the bold move and use a combination of talent acquisition techniques to hasten their digital transformation and cloud work.
The execution of the digital transformation will require companies to invest millions of dollars to achieve the goal. One essential key to the transformation, in addition to the dollar investments, will be the search for talent. Companies that have a clear understanding of their talent needs and meeting them will have a competitive advantage over the rest. The technology talent is very important in the successful transformation to digitalization. Investing in digital talent will accelerate the transformation process by as much as 20% to 30%. The problem, though, is that digital talent is hard to find.
The various capabilities digital businesses need requires digital talent. The needed talents will vary by geography and market but there is one common trend that will always be in great demand – digital workers who are agile and responsive and will be able to engage with broader ecosystems that encompass the range of businesses and technologies. These workers must be able to take advantage of and adjust to the emerging trends in technology, such as the Internet of Things and artificial intelligence.
Companies use different talent acquisition techniques in meeting their digital staffing needs:
- Hiring. The most difficult areas of IT talent to recruit involved data science, cloud computing, and security, skills that are essential to digital transformation and cloud technology. In order to attract the best talents, companies must offer highly attractive compensation packages, positions, and career paths that will entice the best in a very tough market.
Companies may use the farm system approach, which involves a partnership with local universities where companies assist the universities in curriculum development and in providing lectures to the classrooms.
- Contracting. It is an approach used by companies that find it difficult to recruit and train their own IT employees. Companies can easily pick up a contractor whose talents meet their needs, without having to go through the tedious process of recruiting their own talents.
- Renting. Renting involves the permanent use of an outsourcing approach, such as renting a call center and the call center agents. It is highly utilized in cloud-based technology. Renting follows an understanding that the resources are on a long-term use.
- Sharing. It is the approach used by smaller companies who cannot afford to maintain their own IT department. It works with the small companies pooling their resources to form a resource-share data center, including personnel.
The talent challenge is not easy to meet. Companies must make the bold move and use a combination of talent acquisition techniques to hasten their digital transformation and cloud work. Online labor platforms give companies the opportunity not only to digitally transform but also to transform the way their recruit, and develop talents, with a wave of digital tools helping companies to focus managing, retaining, and developing employees, in addition to the basic hiring process.