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Rethinking talent acquisition in the age of digital transformation

Cornerstone HR Software Case Studies

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Introduction As we head towards the end of the second decade of the new millennium, accelerating at breakneck speed to the end of the first quarter of the new century, in 2018 the first New Millennials* will come of age and begin to enter the enterprise as adult workers. The baby boomers are all but retired, and many early Gen X have already taken early retirement as they enjoy the fruits of their labour and over-inflated house prices. 2018 is a major turning point in time for the workplace in many ways. With this latest cycle of generational workforce replacement almost complete, and new technologies driving change faster that we can think, established companies with their old ideas about managing and measuring are struggling to survive. The people that built the early Internet, and set the rules of success, are no longer working, yet their rules remain to be used by a generation that was not only born into the Internet, but a new world of commerce, smartphones and social media. New ways of everything that require new ways of managing and measuring to determine success. As generations and measures of success change, Digital Transformation* (DX) is driving yet more organisational change to ensure long-term survival, growth and future prosperity and with all this change, every part of the business will also change. Every aspect of commerce has changed irrevocably and as an example, a retailer can no longer rely on bludgeon marketing and theoretical TV ratings to convince people to flock to their stores and buy things they don't really need. Comparing Generations - Age Timeline Generation age in 2014

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