Menu Search

OUR LATEST THINKING

Innovation Beyond The Four Walls

DOWNLOAD PDF

FEATURED NEWS

January, 27, 2016

Cognizant Acquires KBACE Technologies to Enable Clients to Accelerate Journey to Cloud and Improve Business Agility

READ MORE

The Cognizant Difference

We use analytics cookies to help us improve your experience of this site. By continuing to use this site, you are agreeing to our use of cookies. For information on the cookies we use and how to manage them, please see our Cookie Policy.
Content
Edit

VIRTUAL AND MILLENNIAL WORKERS

By 2025, millennials will comprise nearly 75% of the world's workforce, according to the U.S. Census Bureau. Is your organization ready for the new opportunities and management challenges this onslaught will bring? As a company whose workforce is primarily millennial, we know firsthand the virtues and vices of competing with a digital-first mindset. As such, we a​re well situated to help companies adopt emerging digital technologies and collaborative ways of working that optimize the talents of workers across generations and the extended enterprise.

TRAINING, LEADERSHIP CAN SPUR REDUCED COSTS AND INNOVATION

Virtual teams span geographies, hierarchies and cultures to solve specific problems using new Web-based conferencing and knowledge-sharing technologies. Millennial workers (those between 15 and 35 years of age) were raised using mobile and social technologies and demand consumer - like ease of use from their business systems and the ability to collaborate easily. And if your organization isn’t on the cutting edge -- or, at minimum, a fast follower -- it is at risk of alienating employees, business partners and customers who expect more collaborative and virtual ways of working.

Well-managed virtual workers can help companies achieve new levels of efficiency and innovation. Some life sciences companies, for example, expect to shave as much as 65% off the cost of clinical trials and reduce trial cycle time by up to 20% through the use of a virtual data monitor who collects and shares trial information in real time.

NEW WAYS OF THINKING

CIOs can be change agents for delivering on the promise of virtual teams and the digitally-minded millennial generation. But to do so they must practice what they preach and model new technologies and behaviors for the rest of the organization to follow. Enterprises that actively engage millennials and create a digitally-minded culture report greater productivity, a better understanding of younger customers and new approaches to overcoming business challenges.

Getting there means surrounding transaction processing systems of record with systems of engagement that enable more virtual, real-time collaboration. Built around the SMAC Stack, these systems of engagement unlock creativity, adapt to the collaborative ways millennial work and convert traditional organizational hierarchies into modern “wirearchies” that democratize access to information and insights for employees, partners and customers. To get there, IT needs to provide a flexible framework that advances virtual teamwork, while guarding confidential data, providing a seamless experience across disparate systems to users inside and outside the enterprise’s four walls.

  • Our Latest Thinking

WhatsApp Insurance? Shouldn't WeChat?
By embracing mobile instant messaging, insurance carriers can reduce operating costs and deliver more timely, satisfying and authentic customer experiences.
The Case for Mobility: How New-Age Utilities Can Energize Operations and Boost Customer Service
For utilities feeling the pinch, mobility offers a vast array of potential increased efficiencies and customer service activities. We outline a multi-stage path to become a mobility-enabled utility enterprise.
Elevating the Digital Employee Experience
To address the changing dynamic of a more digitally savvy workforce, HR organizations must tap into advanced analytics and harness 'as a service' delivery models to raise the bar on talent acquisition and development, as well as to inform new employee compensation and collaboration initiatives.
Preparing for the Next-Gen Worker: Is Your Organization Ready?
Organizations need to amend their hiring, onboarding and employee engagement practices if they want to remain viable in the 21st century.
Virtual Clinical Organization: The New Clinical Development Operating Model
We describe the critical success factors for a virtual clinical organization committed to common business objectives and supported by processes that enable real-time collaboration.
Future of Work Enabler: Worker Empowerment
By breaking down boundaries and empowering employees with more flexible tools, organizations can tap into the full potential of their workers and foster a culture of innovation.
 

CONTACT US Contact Cognizant

  • Send a message

    Select a Region*
    Select Inquiry Type*

  • Contact Cognizant Careers

    • Tel: Label
    • Fax: Label
    • Email: Label

    If you are interested in an opportunity with Cognizant, please visit our Careers page or visit the Cognizant Careers FAQs.