From the many large and small companies that Jenrick IT work with it is clear that nearly every organisation is already or rapidly becoming, a digital business.
The fundamental question is, as raised in an article from nytimes, what are the right skills, training and mind-set needed for leaders to succeed in what’s now a Digital Economy?
MANAGEMENT IN A DIGITAL ECONOMY
“Business schools are a legacy industry that is trying to adapt to a digital world.”
That is a quotation from Douglas M. Stayman, associate dean of Cornell Tech in New York, summing up an article published today.
The challenge business schools face is a sign of the broader test of leadership and management across industry. It’s certainly taken time; technology transforms the economy less like a tidal wave than like a steadily rising tide. Yet by now, nearly every business is in good part a digital business. Take your pick — retailing, advertising, media, health care, finance, even farming. A modern car is a chip-filled, sensor-laden, Internet-connected computer on wheels. And the human driver, it seems, is becoming optional.
So in reporting the M.B.A. article I asked some bright people about the larger question:
What are the right skills, training and mind-set needed for business leaders who are most likely to succeed in the future?
A common theme was the need for “balance,” though how they defined that balance varied.