C-Suite Builds Courage to Delve Into Business Tech

 
 
By Dennis McCafferty  |  Posted 08-10-2017 Email
 
 
 
 
 
 
 
 
 
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    C-Suite Builds Courage to Delve Into Business Tech
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    C-Suite Builds Courage to Delve Into Business Tech

    Top leaders are developing a deep understanding of business technology, believing that the digitization and adoption of emerging tech have become a top priority.
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    Top Priority
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    Top Priority

    65% of the c-level executives surveyed said the digitization and adoption of new and emerging technologies have emerged as their top leadership priority.
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    Quick Study
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    Quick Study

    54% said they've developed a deep understanding of technology, and 57% have even written code.
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    Catalysts for Change
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    Catalysts for Change

    47% said their competitors are the biggest drivers behind major technology shifts.
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    Top Ways to Make Informed Tech Decisions
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    Top Ways to Make Informed Tech Decisions

    Conduct customer research: 75%. Analyze social media: 54%. Deploy a content management system: 53%
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    Added Expertise
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    Added Expertise

    47% of the c-level executives surveyed said that to prepare for a tech transformation, they've created new IT-focused roles in their leadership team.
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    Good Gamble
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    Good Gamble

    87% believe that taking risks is necessary to achieve business and technology goals and maintain a strong competitive advantage.
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    Customer Commitment
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    Customer Commitment

    87% of the c-level executives surveyed said their organization has an internal team dedicated to understanding customers.
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    Top-Notch Treatment
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    Top-Notch Treatment

    69% said they listen closely to customer feedback and make changes accordingly, while 61% said they treat customers as valued partners.
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    Open Book
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    Open Book

    51% of the c-level executives surveyed said they are transparent and honest when mistakes are made.
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    Change of Pace
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    Change of Pace

    71% said that they distinguish themselves from other executives through their "passionate" curiosity and continuous research of new technology.
 

Instead of deferring any and all tech-related issues to the IT department, today's most successful C-suite leaders are diving deeply into technology challenges and solutions, according to a recent survey from ThoughtWorks. The accompanying report, "The Next Big Disruption: Courageous Executives," reveals that a majority of these leaders believe that the digitization and adoption of new technologies have become a top priority. As a result, most are developing an in-depth understanding of business technology, and some are even writing code. They're also paying more attention to what their customers are saying, and are responding to their feedback. "In order to survive in our rapidly changing world, it's vital to acknowledge that antiquated leadership won't push businesses forward," the report states. "For every slow-moving enterprise struggling to stay relevant, there's a lean startup about to change the landscape overnight. … In this era of chaos and uncharted possibility, courageous executives are the ones willing to challenge everything: the status quo, internal silos and immovable strategies. … They are erasing the lines between business and technology." A total of 150 CIOs, CTOs, CEOs and other c-level executives in Fortune 500 companies took part in the research, which was conducted by Northstar.

 
 
 
 
 
Dennis McCafferty is a freelance writer for Baseline Magazine.

 
 
 
 
 
 

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