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14th May 2012
Martin Kochman
Global Lead BPS Solutions
Future of Work
| ©2012, Cognizant
Eco-system emerging to deliver cost efficiencies, access to talent and technology-based innovation
Future of Work
Business Impact
Shared Services
Organizations are re-defining “core” versus “context”
Powerful social, technical, and economic forces are compelling new ways of working
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| ©2012, Cognizant
The Future Of Work Powerful social, technical, and economic forces are compelling new ways of working
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| ©2012, Cognizant
The Changing Worker/Consumer
• Millennials are soon to be the majority of your employees and customers
• Those born between 1975 and 1995
• 1/3 of the world’s population
• Largest, most unified generation in the history
• See globalization and virtualization as the norm, not the exception
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| ©2012, Cognizant
The Millennial Mindset impacts your Services
PC: $800 iPhone: $300 Social apps: Free Experience: Priceless
The Sunday Night Experience The Monday Morning Experience
• Monolithic ERP • Telco from the 1800s • Collaboration means
yelling over the cubicle • Experience: Ugh…
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| ©2012, Cognizant
The Changing Business Environment
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34% of global Workforce will be mobile information workers by 2012
66% of workers want access work or personal info from company devices anytime anywhere
90% of organizations will support corporate applications on personal devices by 2014
iPhone is being deployed and tested by
iPad is being deployed and tested by
| ©2012, Cognizant
Business Impact Re-defining “core” versus “context”
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| ©2012, Cognizant
Core versus context
"Designed by Apple in California, Assembled
in China"
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The New Core
• Design
• Marketing
• Customer Experience
• Product Integration
The New Context
• Manufacturing
• Supply Chain
• Logistics
| ©2012, Cognizant
Shared Services An emerging eco-system
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| ©2012, Cognizant
Future of Work is in the present
Source: Next-Generation CIOs; a Cognizant study in cooperation with the Economist Intelligence Unit Base: 402 IT and business decision makers – director and above – from Europe and North America.
Process collaboration
Process virtualization
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1
5
1
18
20
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22
25
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35
41
45
Which of the following statement do you think best describe changes that will occur in your organization over the next three years? Select up to three. (% respondents)
Cross-functional terms will become more important within the organization.
My organization will use more collaboration technologies.
My organization will structure its operations based on the most efficient use of skill sets and resources, independent of geography.
My organization will outsource more functions.
My organization’s teams will be increasingly dispersed geographically.
My organization’s employees will increasingly work remotely.
My organization’s external partners will be increasingly dispersed geographically.
Younger workers entering the organization will exert pressure for a more collaborative and flexible work environment.
Others
The organization will remain essentially the same as it is today.
Don’t know/Not applicable
My organization will offer more flexible work arrangements (such as telecommuting, flexible hours, etc.).
| ©2012, Cognizant
Eco-system: a world of options P
ro
cu
re t
o P
ay /
R
even
ue C
ycle
Man
ag
em
en
t R
eco
rd
to
Rep
ort
Dynamic Spend Mgt. Supply Chain Mgt.
P2P & O2C Automation
P2P & O2C Automation
P2P Automation
Auto Reconciliations
Document Automation
E-Procurement
T&E Automation
O2C & SCM Automation
O2C Automation
Auto Reconciliations
Accounting S/W for SMEs
P2P & O2C Automation
P2P & O2C Automation
P2P & O2C Automation
P2P Automation
Period Close Automation for SAP
Accounting S/W for SMEs
E-Procurement
Financial Transaction Automation & Doc. Mgt
P2P & O2C Automation
P2P & O2C Automation
Auto Reconciliations, JEs & Cash Apps
Bank Reconciliation & Tax Distribution
Document & Content Mgmt Automation
SAP Driven Procurement
Auto Reconciliations & Cash Apps
Accounting Business Solutions
Payments and invoice automation software
P2P Automation
Document Mgt & ECM Automation
Accounting S/W for SMEs
Accounting & Business Solutions
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| ©2012, Cognizant
Panel Discussion
Future of Shared
Services
Gaurav Khandelwal,
Unilever
Buy side perspective
Claudio Altini
KPMG
Analyst Side Perspective
Gary Critchley
Head of Shared Services
Operational Perspective
Moderated by Deborah Kops
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CORE VS. CONTEXT.
VALUE AND PROFITABILITY. BUSINESS MODELS FOR FUTURE OF WORK.