IIC Partners reports on the Rise of Digital Leadership

Organizations 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.

80 percent of senior executives stated that they believe investment in digital transformation within their organisation is very or extremely important to future success. In contrast, however, only a third of survey respondents said they plan to hire a Chief Digital Officer within the next two years.

Companies that do not have a Chief Digital Officer said the CEO, CIO and CMO roles serve as the primary leadership figures responsible for managing the vision and implementation of digital transformation, alongside their other responsibilities.

Ruth Curran, Managing Partner of MERC Partners based in Dublin and Global Chair of IIC Partners Executive Search worldwide commented: “Senior executives recognize 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.”

To read the full report, visit http://iicpartners.com/executive-lounge/Rise-of-digital-leadership