Russell Reynolds Associates Release Results of Digital Pulse Survey

Russell Reynolds conducted a Digital Pulse survey that encompassed 3,000 respondents from various industries to capture how people are adapting to the digital transformation. The following are some of the report’s findings released in Oil & Gas Monitor Magazine. Within the energy industry, 65% of the respondents believe that the industry will be further disrupted by technology in the next 12 months.

The following is an excerpt from the report: “According to energy industry executives who took part in the Digital Pulse survey, the top three barriers for an effective digital strategy are: 1) lack of digital expertise and skills; 2) insufficient management bandwidth; and 3) leadership’s perception of digital strategy as secondary. Interestingly enough, even with a dearth of capabilities, time, and sense of urgency from the top down, according to Digital Pulse respondents from the energy sector, 37% of companies depend on their CEO to set digital vision and strategy, while 16% relies on the CIO and 15% the CMO.”

The article is published on Russell Reynold’s website. Read the full article.