The inexorable march toward digital transformation is in full swing. Whether working to compete effectively in the “war for talent,” intent on implementing a true intelligent enterprise, or simply trying to respond to the differing expectations of five generations in the workforce, an organization will need to move to more flexible, diverse, and mobile systems – and sooner rather than later.
There are pros and cons, but the data seems to point strongly towards transformation. Every organization will need to examine its own unique situation, performing the due diligence and creating the proper business case to make a truly educated decision on its own migration, including the opportunity cost of not making the move.
The Pros and Cons of Moving to the Cloud
What are the considerations? On the business side, one can make countless arguments for digitalization:
- The Human Revolution and the war for talent are real.
- A workforce comprised of multiple generations and more than 40 percent contingent workers is the norm.
- The ability to hire and retain the very best talent is critical to success.
- The employee-employer relationship of the past is no more. Today’s employee desires options and flexibility like never before.
- Standard, transparent, employee-friendly processes, mobile capabilities, personalized learning, and proactive coaching and development are table stakes.
- The employee experience is becoming very prominent.
- Flexible and more enjoyable work environments as well as innovative, collaborative tools supporting agile, dynamic, and virtual teams are becoming ubiquitous.