Every organization is now undergoing through some form of Digital change. Companies are placing their future bets on how quickly they can adopt digital to their core to accelerate their growth. Individuals are also constantly challenged to keep up with the new technologies that enterprises are looking to implement. This is a great shift to how enterprises used to operate just a few years back when digital was just a buzz word. We have seen traditional businesses build multi-billion dollar businesses over a very long period of time. The new age digital players are now able to build equally valued companies at much rapid scale and disrupting several traditional industries. To keep up enterprises need to invest in the right talent strategy to augment their digital vision.
Sonata’s CEO Mr. Srikar Reddy recent spoke about the same in an article by the World Economic Forum on “3 key talents for a successful digital transformation ”. He believed that the talent requirement can be classified into three essential categories – Leadership, Technical and Behavioral
Leadership
An organization’s digital agenda is set by the leadership. The leadership needs to willingly take new risks and evaluate new opportunities. Clarity is one of the key tenets of leadership behavior that leads to sharp strategies and plans. With the sense of perseverance and agility, the leadership can brace itself for fast changing situations and plan for the road ahead.
Technical
The very heart of digital transformation change is the technology that is associated with it and that technology is constantly evolving. The talent thus becomes a multidisciplinary requirement that has a grasp of the latest digital technologies and how best it can be applied for the enterprises. The secret of success behind born digital players is their ability to execute platform business model that can rapidly scale their enterprises. They have created an ecosystem approach to business that engages a wider network to create value. The platform thinking mindset redefines the traditional pipe based model of business thus creating nonlinear and accelerated value creation. This approach has led to the requirement of a new breed of architects that can create a connected ecosystem of customers, business, vendors, and partners. Enterprises also need to invest in training on the latest technology that will define digital for the coming years. For example, AI, ML, Blockchain, AR, VR all are new age technologies that will rule the sea of digital change.
Behavioral
To be able to handle digital disruption and change, behavioral patterns will play a pivotal role in how to address the modern age digital problems. Inclusive design thinking – an approach born out of the digital environment plays a key role in identifying customer empathy and design solutions to solve customer problems. Talent training will need to include certain traits like growth mindset, empathy, curiosity to enable individuals to surpass their limitation and expand their ability to tackle new kind of problems and create solutions.
In order to succeed in the digital transformation approach, it is clear that the old models of doing things are becoming obsolete. This requires a whole new generation of multidiscipline talent that ranges right from the top – a visionary leader who can steer the enterprise roadmap for digital to the technical skillsets to harness the power of digital technology in an optimal way. Enterprises should now invest and focus on hiring and training talent with these skillsets to foster organization digital change.
Read more on our Digital Transformation solution and check out other blog pieces in this space.