Supply chain risk management is a major concern for many companies. Risk management data would influence board-level decisions for 70 percent of respondents to a Gartner IT Risk Management Survey, up from just 46 percent a year earlier.
While data loss and the threat of cyber-attacks are the most well-known security issues, there are three others on the minds of shipping and logistics professionals:
1. The lack of staff capable of using legacy technologies
2. Contingency plans for technology failures
3. The ability to scale as the result of mergers and acquisitions
LEGACY TECH HURDLES
Millennials, who comprise a growing percentage of the workforce, are professionals accustomed to living their lives dependent on smart devices and accessing Web technologies. So when employees can’t leverage legacy technology, clients could be at risk.
Over time, legacy technology fails to keep up with industry-wide advancements. Concurrently, it inhibits the recruitment and retention of the best and brightest. Companies have a two-fold problem.
Employing people with the right skillsets saves time and money. It also translates to a unified workforce committed to common business objectives. On the other hand, the wrong skillsets mean mistakes, poor morale, and, in turn, poor customer response times and customer service.
To fill the legacy tech talent gap, some organizations hire managed services providers – especially as younger professionals join the workforce and experts retire. Managed services providers absorb the downside risks of technology talent gaps. As a result, organizations focus on what they do best and leverage their employees for high-functioning, strategic initiatives.
Supply chain risk management is a major concern for many companies. Risk management data would influence board-level decisions for 70 percent of respondents to a Gartner IT Risk Management Survey, up from just 46 percent a year earlier.While data loss and the threat of cyber-attacks are the most well-known security issues, there are three others on the minds of shipping and logistics professionals:1. The lack of staff capable of using legacy technologies2. Contingency plans for technology failures3. The ability to scale as the result of mergers and acquisitionsLEGACY TECH HURDLESMillennials, who comprise a growing percentage of the workforce, are professionals accustomed to living their lives dependent on smart devices and accessing Web technologies. So when employees can’t leverage legacy technology, clients could be at risk.Over time, legacy technology fails to keep up with industry-wide advancements. Concurrently, it inhibits the recruitment and retention of the best and brightest. Companies have a two-fold problem.Employing people with the right skillsets saves time and money. It also translates to a unified workforce committed to common business objectives. On the other hand, the wrong skillsets mean mistakes, poor morale, and, in turn, poor customer response times and customer service.To fill the legacy tech talent gap, some organizations hire managed services providers – especially as younger professionals join the workforce and experts retire. Managed services providers absorb the downside risks of technology talent gaps. As a result, organizations focus on what they do best and leverage their employees for high-functioning, strategic initiatives.
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