81-Digital Transformation of Leaders

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Digital transformation of leaders is a crucial area ignored or not considered at the business transformation programs agenda. Digital transformation requires top to bottom organizational change, which requires digital-savvy leaders and know-how to lead the digital programs. All programs are focusing on the digital transformation of the business or an organization. However, significantly less focus is on the readiness of leaders of an organization. It is leading to a lot of challenges in the success rate of business transformation programs.

A few months back, on a similar topic, we had a session with the title of ‘What is for ‘me’ in Digital Transformation? (otechtalks.tv)’ part 1 and ‘What is for ‘me’ in Digital Transformation? Part 2 (otechtalks.tv)’ without enough expertise of the leaders, shareholders, owners of the business on the digital area is becoming a challenge, and that’s why I like the article/research done by the MIT Sloan Management Review with the title “Leadership’s Digital Transformation.”

It leads me to ask some fundamental questions to the leaders, few to mention:

1. How can leaders explain the vision for digital transformation?
2. Do you have a chief digital officer role in the organization? If not, who is doing this role, and what are the challenges, responsibilities, and success standards for that position/role?
3. How much of your budget is allocated for transforming the organization?
4. Five to ten years from now, how will your organization be different?