Thursday, September 18, 2014

Digital Disruption: The Impact on Global Talent

Next week, I will be in Singapore for the IAOP Asia Pacific Outsourcing Summit<<>>. I look forward to kicking off this event with Brian Brower, digital expert, former Nike Program Director and currently at Vivint, “The Smart Home Company" "Internet of Things", with an Opening Keynote on Digital Disruption & Impacts on Global Talent.

More than a buzzword, digital disruption is creating unique opportunities for businesses looking to adopt a sustainable strategy for customer engagement. As new digital technologies emerge, industries must respond in turn, adapting and innovating in order to drive business outcomes. With a firm grasp on how to employ technologies to advance business objectives, companies can increase their reach, bring products to market faster, and bridge the gap between limited resources—in effect, surviving, and even thriving, through disruption.

What are successful companies doing?

With innovation and digital transformation rising in importance in the minds of many business leaders, one strategic lever that I have seen work well for companies looking to tap into these advantages and opportunities is leveraging global talent.

It’s clear that effectively employing technology and successfully navigating the digital landscape is becoming a competitive driver. Finding the right talent to lead these initiatives is critical, but leaders are often pulled in diverging directions as they struggle to simultaneously overcome competitive pressures to lower costs and increase revenue.

The key is knowing how to leverage global talent, or talent without borders. Technology talent pools exist in regions across the globe, including Asia Pacific and Latin America.

Argentina, for example, offers many advantages as a sourcing destination for creative, customer engagement focused technology talent. The country has a large labor pool, and many of these workers have a bilingual capacity. Cordoba graduates more than 37,000 IT students every year, one of the largest graduate pools worldwide. Further, Argentina operates in a similar time zone as the U.S. and has competitive labor costs.

Adaptability, innovation, talent—these are the keys to overcoming the disruption and creating a sustainable plan for future business success.

Hoping you’ll join me and other industry leaders and practitioners in Singapore!
Atul Vashistha is the Chairman of Neo Group, a leading Supply Analytics and Monitoring, Governance Support and Sourcing Advisory services serving global clients since 1999