Wednesday, April 14, 2021

g-f(2)217 THE BIG PICTURE OF THE DIGITAL AGE (4/14/2021), MSN, ZDNet, Training upward: your executives may not fully understand digital transformation.


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Worker training is a necessity these days, but for many technology managers and professionals, there's just of a pressing need to train upward in the ranks. 
  • Digital or technology savvy is not a top requirement for executive or board-level jobs, a recent study published in Harvard Business Review finds. 
  • The top skills needed in the C-suite include design thinking, artificial intelligence, data science, machine learning techniques, cybersecurity, and DevOps, a 2019 study from Gartner found.
  • With the rise of the digital economy, "the demand for digital savviness in the upper echelons of leadership has grown far more quickly than the supply," another recent study published in MIT Sloan Management Review confirms. 
    • The analysis of almost 2,000 large companies find only seven percent have digitally savvy executive teams. 
    • Even more surprising, only 47% of CTOs and 45% of CIOs could be considered "digitally savvy." 
    • This percentage drops to 24% for COOs and 23% of CEOs. 
    • Only 12% of CFOs were up to speed digitally.


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Category 2: The Big Picture of the Digital Age

[genioux fact deduced or extracted from MSN, ZDNet]

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

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


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Fernando Machuca


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ABOUT THE AUTHORS


Joe McKendrick (@joemckendrick)
Contributor

Joe McKendrick is an independent consultant, editor and speaker. Joe has performed project work (white papers, articles, blogs, research and presentations) for the following companies in the IT marketspace: CBS Interactive/CNET/ZDNet (this blog) ebizQ Evans Data Gartner IBM Informatica IDC Microsoft Systinet/HP Teradata Unisphere Reseach, a division of Information Today, Inc. WebLayers Joe has also performed research work for the following sponsoring organizations in partnership with Unisphere Research, a division of Information Today, Inc. IBM Luminex Noetix Oracle Corp. Teradata Informatica International Oracle Users Group Oracle Applications Users Group Professional Association for SQL Server International DB2 Users Group International Sybase Users Group SHARE (IBM large systems users group)


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