Leaders nowadays need to understand technology as much as they understand money, HR, or the law, in order to make confident, informed and effective decisions for their organization and users.
Skills development is a continuous process for leaders as they need enough understanding to recognise their skill gaps and identify what can help their projects and organizations to thrive.
Digital leaders must be able to unite the organization and nurture a digital culture that embraces change. For that to happen, a clear, coherent strategy outlining their digital agenda is essential.
When digital transformation begins to effect change in an organization, disrupting the business model, processes and practices, the business is recognized as having ‘digital maturity’. Successful digital leaders will have a clear vision for the company’s future and be willing to commit resources and implement needed changes to make it happen.
Millennials expect to be developed via opportunities, mentoring, and stretch assignments. However that is hard to come by in top-heavy companies.
Most millennials think their roles provide little development while most companies report they have excellent or adequate programs for Millennials.
Digital technology needs to enhance your processes and activities, and also what you are able to offer to your clients.
Companies now need digital innovators to lead them or risk perishing under the growing wave of digital disruptions. They also need to communicate and share with customers and employees, to identify opportunities and individuals who will help promote change.