The Internet of Things has a lot more to do with the connections between partners, suppliers and customers than with the actual interconnected devices manufacturers are designing and implementing. Agile manufacturers and software developers are seeking out partners with open IP architectures to facilitate the development of cost-effective solutions that advance their businesses.
This type of approach allows companies to aggregate best-of solutions and technologies in order to move toward business models that embrace flexible, partner-sharing problem solving. Obviously, in order to increase your businesses’ interconnectivity, you need to understand that if you become a node within an interconnected framework, you’ll need to look at what internal and external changes you might need to consider. Here’s one I suggest goes to the top of your list:
Update Your Talent Acquisition Strategy. It’s no longer feasible to hire people solely based on their technical skills. Of equal importance is the need for your personnel to possess people skills in order to network and collaborate across various groups of people inside and outside the organization. IoT solutions span the resources of IT, operations and your core business functions such as finance and planning. Leading IoT companies have learned to harness these functions as a group, and at the organizational level require employees who can adapt to new roles and hierarchies.
Critical to your thinking is how you begin to train your employees. At the same time, you’ll need to create a culture of collaboration. Be open to the mindset that empowered IoT employees might need to be given some free rein to organize their own teams to come up with solutions and you might consider an incentive plan that encourages group interplay.
The upcoming generation of tech talent already is hip to group-think and group-problem solving methodologies. Harness that power to develop a team-based culture both within the company and with your interconnected partners.
Final thought. It’s no longer possible for a single company to deploy its own proprietary products or services to realize the full potential of the IoT. When the speed of transformation is everything, look no further than your interconnected workforce to meet the needs of IoT business interconnectivity.