g-f(2)143 THE BIG PICTURE OF THE DIGITAL AGE, MIT Sloan Executive Education, How Digitally Savvy Boards and Leadership Teams Pay Off.

VIRAL KNOWLEDGE: The “genioux facts” knowledge news

Extra-condensed knowledge

• This golden knowledge container teaches about fundamental aspects of the Big Picture of the Digital Transformation.
• A digital transformation involves rethinking how technology can be used to improve business models, value proposition, customer experience, operational efficiency, and more. 
• This means innovating to deliver enhanced products, services, and customer engagement, but it also means having a board of directors and top management team that is digitally conversant.
• Recent MIT research shows that having board members and top management teams with digital savvy is the new financial performance differentiator.

Genioux knowledge fact condensed as an image

MIT Sloan Executive Education YouTube Channel

How Digitally Savvy Boards and Leadership Teams Pay Off

Category 2: The Big Picture of the Digital Age

[genioux fact produced, deduced or extracted from MIT Sloan Executive Education YouTube Channel]

Type of essential knowledge of this “genioux fact”: Essential Analyzed Knowledge (EAK).

Type of validity of the "genioux fact". 

• Inherited from sources + Supported by the knowledge of one or more experts.

Authors of the genioux fact

Fernando Machuca

References

How Digitally Savvy Boards and Leadership Teams Pay Off, February 24, 2021, MIT Sloan Executive Education YouTube Channel.

ABOUT THE AUTHORS

In this webinar, Peter Weill, Chairman of MIT Sloan Center for Information Research (CISR) and Meg Regan, Senior Director for Executive Education, discuss:

• What constitutes being “digitally savvy”
• The role of the board and top management team in guiding digital transformation
• How digital savviness pays off

Extracted from MIT Sloan School of Management

Peter Weill is a Senior Research Scientist and Chair of the Center for Information Systems Research (CISR) at the MIT Sloan School of Management.

His work centers on the role, value, and governance of digitization in enterprises. Weill joined the MIT Sloan faculty in 2000 to become director of MIT Sloan’s Center for Information Systems Research (CISR). MIT CISR is funded by 80 corporate sponsors and patrons, and undertakes practical research on how firms generate business value from information technology (IT). As chair, Weill focuses on globalizing the center’s research and delivery. In 2008, Ziff Davis recognized Weill as #24 of The Top 100 Most Influential People in IT, the highest-ranked academic.

His award-winning books, journal articles, and case studies have appeared in the Harvard Business Review, the Sloan Management Review, and The Wall Street Journal. Weill has co-authored best-selling books published by Harvard Business School Press, including IT Savvy: What Top Executives Must Know to Go from Pain to Gain (2009), Enterprise Architecture as Strategy: Creating a Foundation for Business Execution (2006), IT Governance: How Top Performers Manage IT Decision Rights for Superior Results (2004), and Leveraging the New Infrastructure: How Market Leaders Capitalize on Information Technology (1998). His co-authored book, Place to Space: Migrating to eBusiness Models (2001), was named by Library Journal as one of the best business books of the year, and was reviewed by The New York Times. Weill presents executive and MBA programs on the business value of IT, and in 2007 received an MIT Sloan Outstanding Teacher Award.

Extracted from LinkedIn

Meg Regan, MBA, CPC

Executive Development and Leadership Coach Connecting People and Ideas

About

Pragmatic, results-driven executive development professional with deep experience designing and delivering transformative learning experiences in corporate, higher education and non-profit environments globally. Strong quantitative skills and talent analyzing problems, finding innovative solutions and implementing change. Proven ability to develop, motivate and lead.