There has been a digital transformation taking place in multiple sectors, industries, and functions. Small, nimble and disruptive digital startups are successfully changing the business model. Large established companies are re-inventing themselves by investing heavily in technology. Information Technology (IT) is no longer a department or cost center but a major part of a corporation’s business strategy, plus a major competitive advantage. Approximately 5% of businesses have successfully made the IT transformation while 83% are beginning. Clearly there are many career opportunities in all functions and industries if you’re prepared.
If you’re not digitally prepared, get there soon or you’ll play catch-up for a very long time, as the digital revolution is not going to slow down. Why is the digital tsunami upon us?
- Data is power and the world’s most valuable resource as the world is more data-driven than ever.There’s a need to manage data effectively, retrieve information efficiently, store massive and sensitive data, and then secure it in an automated way. Cyber security and “Big Data “skills are in significant demand.
- IT needs to modernize their infrastructure to automate processes and support the business. Legacy systems are retarding many businesses. Changing to state-of-the-art equipment and know-how is difficult, time consuming, and costly, assuming your staff is competent. If it isn’t, you’re further behind. Seek out partners and vendors that can help.
- Migrating new technology from the old puts you in a holding pattern while your customers are waiting, the competition is gaining, and you’re vulnerable to predators. If you haven’t changed or upgraded your technology in the past 2 to 4 years, you’re exposed.
- Digital trends are accelerating the need for relevancy: Internet users represent over 50% of the worldwide population, with almost 2.5 billion social media users, while Smartphone users are almost 2.5 billion. All sectors are growing dramatically.
- The generational gap between those who use and understand the digital transformation is wide and moving wider. It’s like running as hard as you can just to stay in place.
- Few senior managers understand digital and IT transformation. If you’re in middle management, seek out a visionary senior manager champion that can work with you to develop a strategy to make digital transformation happen. This is a resume builder.
So, what do you do about it? If you want to succeed and move up the career ladder:
- Take classes or get certified with the latest technology in your field. If you’re in a career track, make sure you are getting the state-of-the-art training. If not, you’re already behind.
- Become an expert in the technology most used in your industry and function
- Become knowledgeable in managing the available technology and using it effectively
- Hire the right competence in technology. Strategic technology is critical beyond that point.
- Understand the value of training for your people to stay current, at the minimum
- Assess your organization’s needs, then determine the trends, direction and gaps in your functional technology and skills
- Prepare to lead the digital transformation in your function. Your reputation and future may depend upon your ability to be in the lead.
Throughout history transformational events have shaped the future. The digital revolution is no different. Being prepared now is essential. Wait too long and the past will sweep you away.
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