ESI’s Paul Oswald addresses the Skills Gap and the concept of People are a company’s most important asset. IoT has replaced the previous industry M2M buzzword, and some new technological concept will soon replace IoT, but people will remain — and represent the real and sustaining value of any company.
Technology changes rapidly and sometimes radically. Technology is not and end-game. People must create value for customers with each new technology — to make buildings run better. Attracting new talent is critical. We spend too little time developing the next-gen talent and a lot of tribal knowledge is leaving the industry. This is not about technical training. Companies need to add talent development to their business models and use the IoT (sexy) technology to entice new talent to their organizations.