Unlock The True Value of Technology

Learn how to enhance your digital maturity and gain an advantage from technology.

 

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Organizations waste billions on technology transformations every year. Too many focus on buying the latest tools without developing their leadership in ways that will make change stick.

 

To unlock the true value of technology, every leader on your board and executive team has a role to play. Only with digitally savvy leaders will your organization know when technology isn’t working and quickly pivot to test other solutions and attract and retain the right talent for a digital future.

 

Unlock The True Value of Technology

of global leaders say they pivot quickly to test new solutions when tech fails

of global leaders say they have the right talent for the digital journey

of global leaders say they can attract the right talent for the digital journey

Source: Russell Reynolds Associates 2022 Global Leadership Monitor
How to develop your leaders’ technology readiness

Technology readiness in leadership is essential to the ongoing transformations needed for long-term competitiveness. Organizations that integrate technology into their DNA are in a better place to seize the opportunities of today’s ever-evolving markets.

 

Source: Russell Reynolds Associates, Tech-Ready Leaders: A Non-Negotiable for Organizational Success

 

 

How high-growth tech companies do it

 

Historical stalwarts of global economies might feel there’s little hope in keeping up with the growth of tech companies. But these disruptors offer lessons that can help traditional companies thrive in the digital world. We surveyed 40 of the most successful high-growth tech companies and found patterns in their leadership.

 

Explore the high-growth tech company leadership timeline

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How to find a chief people officer to drive inclusivity while scaling growth

 


 

 

Why aligning technology and customer functions is key to value

 

Customer and technology functions must partner effortlessly to design frictionless end-to-end customer journeys for increasingly sophisticated customers. Our research explored how mature leading companies are.

 

Learn more

 

 

How we help you unlock the true value of technology

 

To find an advantage through technology, you need to know how and where to apply it within your ecosystem. We’ll help you build a leadership team and organizational culture to do just that.

 

Understand where you are in the digital maturity curve

 

Do you know where you are in your tech evolution—and where you need to be? We use proprietary methodologies to understand the digital maturity of your leaders, culture, and organization—then partner with you to develop a plan to gain tech advantage.

 

Find and develop leaders who understand how technology drives growth

 

To unlock the real value of technology, you need board and C-suite leaders who can manage immense changes while inspiring others toward an ambitious tech vision. We use our years of data-backed executive search experience, unparalleled market insights, and rigorous, unbiased selection process to find and invest in tech-savvy leaders across your organization and set them up to hit the ground running.

 

Embed technology acumen within leadership performance

 

When growth hinges on technology, you need impartial ways to assess every leader’s tech acumen, including your board directors, CEO, and CxOs. Our proprietary tools and method help you embed digital skills and thinking into leadership assessment, so you can recruit and develop great leaders who understand the opportunity of technology and how to unlock it.

 

Build tech-savvy leadership teams

 

As technology cuts across organizational silos, leaders will only grasp its full potential and sustain high business performance when they work as a team. We use our unrivaled data on successful leadership and psychometric tests to find the best ways for your executive teams to work together while delivering on their individual priorities.

 

Nurture a tech culture to foster innovation

 

Tech advantage requires leaders who know how to drive cultural change. Our scientific approach to culture development uncovers future-looking, actionable insights on how to build a diverse, equitable, and inclusive tech culture. Our tailor-made assessment and development processes also continuously measure culture at both individual and team levels, ensuring everyone is ready to capture tech advantage.

 


How can I develop leaders’ technology readiness?

Investing in technology readiness begins by having a senior leadership team that fully understands the evolution of the business landscape through the lens of technology. There are two components to technology readiness in leadership:

  • Technology mindset: The attitude and behaviors that leaders operate under for success e.g. productively disrupting the status quo.
  • Technology capabilities: Whether or not the organization has the right talent for its digital journey.

What are the advantages of hiring tech-savvy leaders?

Tech-savvy leaders help organizations understand the opportunity of technology and how to unlock it. Across industries, businesses that adopt and integrate technology into their DNA are better placed to seize the opportunities of today’s ever-evolving markets and stay ahead of competitors. Discover how a CEO secured a pipeline of tech-savvy leaders to gain advantage from technology here.

How can leaders foster a culture of innovation within their organizations?

In a tech-first organization, every leader is a technology champion with the same vision for change. Failures are viewed as data points that help define the journey to success—and this creates a culture where employees are empowered to innovate. Click here for more insights on how to build a tech-first culture.

How can my business unlock the value of technology?

To unlock value through technology, it’s important to understand where you are in your transformation journey and where you need to be. Next you need build or develop a leadership team and organizational culture to reach those goals. Find out more here.

What value is there in aligning technology and customer functions?

Technology and customer functions are often misaligned as platforms are opportunistically created. It’s important that businesses today ensure that customer and technology functions partner effortlessly and design a frictionless end-to-end customer journey for increasingly sophisticated customers.

What roles do CEOs play in tech transformation?

For tech transformations to succeed, organizations need great leaders at the helm. CEOs are key to unlocking the power of technology and display the following behaviors:

  • Commit to act, even when the business is performing
  • Know where they are in the tech journey—and where they need to go
  • Expect every leader to understand how tech drives growth
  • Build agile cultures that allow innovation to thrive

How can leaders embrace and implement AI?

AI is changing the business landscape at pace and leaders must act now to avoid being left behind. The top actions leaders are taking to implement AI globally are:
Evaluative actions

  • Evaluate internal capabilities to appropriately implement generative AI
  • Evaluating the legal risks of implementing AI
  • Establishing internal polices use of generative AI

Talent actions

  • Expanding responsibilities among existing roles and talent
  • Developing training and development plans around generative AI
  • Creating new roles to drive development of generative AI tools

For more insights on how to proactively adopt and implement AI across your organization, visit our dedicated innovation hub here.

Ready to start your technology and innovation journey?

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