Today’s workforce is radically different from what organisations are used to managing in years past. The very nature of work is always online and the environment is location-agnostic.
Furthermore, we are seeing new attitudes to work and career: an increasing number of globe-trotting employees are daring to step out of their comfort zone in order to advance their career.
Unsurprisingly, a study by PWC found that international assignee levels have increased 25 percent in the last 10 years and by 2020 there is an estimated 50% growth.
Digital Transformation of Global Mobility
Technology is transforming business models and the workplace. In order to maintain productivity & smooth operations within global mobility, companies must have the right technological infrastructure in place.
According to the International HR advisor, 47% of global mobility teams have invested in technology in the last three years. Technology can increase talent agility and flexibility, improve operational efficiency and enhance the ability to measure return on investment from international assignments.
Deloitte’s 2017 Human Capital trends survey revealed that global mobility functions is experiencing notable change & challenges in terms of operating digitally. The industry is expected to bring digital innovation closer to the core of their operations.
Digital workforce, workplace & mobility
Global Mobility professionals are expected to operate with technology at the heart of their service – a workforce infused with a “digital DNA” and a digital working environment that promotes engagement, collaboration, wellness, and a sense of purpose. Any service that is not provided digitally is considered outdated. All parties involved expect that technology will improve the overall service: assignees want a speedier and simpler process & HR managers demand greater accountability & increased detailed reporting.
Tools & Trends:
Robotic Process Automation
The predominant disruptive technology, robotics, can help reduce costs, increase employee retention and improve productivity. Robotic process automation is already adopted by the global mobility industry to speed up administrative & transactional tasks. Global mobility professionals can focus on high-value tasks for the benefit of the mobility function and rely on automation for any administrative tasks.
Artificial Intelligence
Smart machines with advanced cognitive technology, artificial intelligence, and data analytics is improving the way the global workforce is managed by detecting, predicting and preventing risks of relocating employees around the globe. A combination of automation and cognitive technologies makes systems self managing and self defending against potential risks.
The Global Mobility industry will be expected to change the way they operate and adopt to the digital innovation by embracing digital know-how, digital experimentation, innovation & creativity, entrepreneurial mindset, & complex problem solving.
Cornerstone – our passion for technology…
Harnessing and embracing technology to the benefit of providing a better, more efficient and convenient service is encoded in our DNA. At Cornerstone we have an intrinsic interest in technological advancement, both within our immediate environment and the mobility industry at large. To that end, we have not only pioneered the development of an in-house platform giving us an unrivalled technical resource and ‘edge’ in the marketplace, positively disrupting our industry.
Our CRM is built on an Innovative Cloud-Based technology platform with Cyber Security at its core and is GDPR compliant.
Cornerstone is here to help you, we deliver an extensive range of relocation support and management services internationally. Let’s have a chat!
