Ruth Curran, Managing Partner of MERC Partners and Global Chair of IIC Partners Executive Search worldwide shared some key insight: “Senior executives recognise the importance of investing in digital transformation for future success. However, as technology evolves and digital continues to disrupt business units and industries, a CEO who has primary oversight for this mandate will diminish their capacity to effectively manage the rest of the organisation and lead their teams. Management of digital transformation is best directed by a devoted leader who can competently own and execute a comprehensive strategy.”
Organisations across the globe report they do not have a Chief Digital Officer to manage digital transformation or digital strategy. According to a survey of 501 global business leaders conducted by IIC Partners Executive Search Worldwide, 3 out of 4 survey respondents (76 percent) said they did not have a Chief Digital Officer in place to own their digital transformation strategy. Read the full report here.