EMC has released a new study highlighting UK businesses are at risk of losing IT talent due to underappreciation of technology in the business on the whole.
The Great Skills Exodus report claims decision makers are failing to prioritise IT as a business enabler, while 88% of IT workers believe the growth and success of their organisation is fundamentally reliant on technology. Frustrations from the IT department can be linked to a lack of transformation in the company they work for as 26% has witnessed an unwillingness to change the way ‘things have always been done’ from the management team.
“IT has got to become a key aspect of the business strategy, not merely a function of the overall business,” said Ross Fraser, UK&I Country Manager at EMC. “Technology is potentially the definitive aspect of any business but it can be seen as a supportive function by a substantial amount of organizations at the moment. Decision makers now have to rethink what they are doing as the process of IT and move with the times.”
While there has been encouraging progress in the adoption of cloud technologies in recent months, it would appear board level decision makers are not realizing the full potential of the technology itself. Cloud as a technology could be perceived as now penetrating the mass market, though the digitally enabled business model, required to activate cloud for its greatest potential, could be seen as lagging.
“If you want to modernize, automate and transform your infrastructure, whether than means on premise or off premise, you have to embrace the idea of new IT,” said Fraser. “There are a few companies where their future probably depends on how well they embrace future IT and I think that there is also a lack of understanding that if they don’t embrace it they will come under huge amounts of pressure and competitive threats because they are not competitive enough as a business.”
Among the concerns put forward by respondents in the survey, 20% feel held back by their organisation’s restrictions on implementing new technologies, 30% feel they have few opportunities to demonstrate their ability, and less than 20% believe their organization has a significant focus on IT as a means of driving innovation.
“The worst case scenario could be that they won’t exist, think about Kodak or Blockbuster,” said Fraser. “Now this is on an extreme level but it does demonstrate how disruptive the digital business model is. It could mean death by a thousand cuts, but if you don’t get the technology question right it could mean major problems in the long run. Every business has the digital challenge, but if they get it right from a technology perspective it creates a workforce which sees where they are working is an important aspect of the business, they start to see career progression and new opportunities.”
EMC believe a stronger and more consistent message throughout the organization on technology, would not only provide the organization with a more competitive position in the market, but also highlight the importance of IT as a function to the on-going success, ensuring employee retention would be increased.
“Technology is at the heart of business transformation and the IT team is ideally placed to help any organisation navigate new opportunities and threats in the market,” said Fraser. “With employment of IT professionals forecast to grow at 1.62 percent per year by 2020, businesses must ensure that they offer the most compelling career opportunities in order to retain the best staff, or risk losing as many as three quarters of their IT team in the coming months – something which would have a hugely detrimental impact on any organisation.”