Business and tech leaders ‘out of sync’ on critical topics - News Summed Up

Business and tech leaders ‘out of sync’ on critical topics


A new report from EPAM Continuum identifies a breakdown between business and technology in companies. Some 79% of business and tech leaders surveyed agreed that ‘business does not speak technology and technology does not speak business.’The study surveyed more than 900 senior executives from technology, digital, data, product, human resources, talent attraction and learning and development roles. Other key findings from the Three Ways Leaders Impede Their Company’s Digital Transformation include:Thirty-seven percent technology executives and 10% of business executives are educated on critical Digital Transformation topics, including AI, Machine Learning and cloud migrationMore than half of business owners and C-suite executives perceive IT as merely a general support function and not a business driverSuggestions for improvement in the report include clarifying the role of technology in the business, creating mandatory digital and business literacy programs and connecting learning to implementation. Sandra Loughlin PhD, Chief Learning Scientist and Head of Client Learning and Talent Enablement, EPAM, said: “True transformation starts at the top with executives and senior leaders committing wholeheartedly to investing in new capabilities, aligning resources and working together in new ways to achieve shared goals and foster a culture of unity.”Click below to share this article


Source: The North Africa Journal May 18, 2023 11:14 UTC



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