February 16, 2021
Strategic Insights: Curated Digital Leadership Lists
Next Dimension curates the most practical and useful tools and strategic IT insights from the web. This week we shared articles across our social media talking about Digital Leadership Lists.
With 2020 in the rearview, here’s 7 key factors to reassess for your digital transformation plans in 2021:
The Enterpriser’s Project was more than likely right when they suggested that “during the pandemic (businesses) may have taken some shortcuts (to transformation”. How could you not? It was a state of Transform or Die. Now, however, it’s time to revisit those shortcuts and ensure the new ways of conducting business are reliable, secure, and scalable.
They list these as the seven key tools to realign your digital transformation strategy:
1. Business Goal Alignment
2. Cultural Readiness for Transformation
3. Employee Experience
4. Your Digital Strategy Story
5. Use Case Approaches
6. Consolidation Prospects
7. User Training
Which of these elements require your immediate attention? Contact Us to help you realign.
Which of these four issues should be the top priority for your Digital Leader?
The many roles in the C-Suite are evolving, and silos will continue to disappear. CEOs, CFOs, and COOs must adapt to new technologies and encourage a new corporate culture. Each must consider their department’s impact on not only the customer, but also the supply chain, competitors, and their own workforce. CIOs, CTOs, CDOs are becoming interchangeable; none of which can make technology decisions without first understand the needs and potential implications across the entire organization. Every leader should focus on these four factors:
1. Becoming more collaborative digital leaders
2. Designing a digital culture
3. Prioritizing data ethics and data security
4. Re-examining the role of social media
A focused, team-oriented approach from leadership will set the tone for the rest of the organization.
Poor cyber hygiene not only leaves businesses exposed, it also puts cyber insurance claims at risk.
Cyber attacks on the supply chain are on the rise. Your organization is at risk just by being a part of someone else’s supply chain. This means your reputation is also tied to this chain, and is also at risk! What does this mean for securing future business contracts? Cybersecurity Dive says potential customers and suppliers alike will begin to implement more stringent vetting procedures to protect themselves before entering into any agreement.
Data from Bitdefender shows a 715% rise in cyber incidents during the first half of 2020, compared to just the year before.
Not only are vendors and customers vetting BEFORE they sign contracts, many are writing vetting review schedules into the contracts they’re signing. What’s more, cyber insurers are continuing to adjust policies, limiting claims by companies that don’t create, adhere to, and adjust their own cyber hygiene guidelines.
Here is a free course to improve your organizations’ Cyber Hygiene – additional free tools available throughout the course.
Will “because we’ve always done it this way” be the death of your business?
Policies like the Stay at Home order and the need for Physical Distancing when inside has required every business to shift in some way. As restrictions ease and shift, organizations will need to determine which new strategies will stay, and which (if any) will go back to the “old way”. Many critical business roles have already made seismic shifts; but does that leave the business vulnerable to attacks? Are there reliability gaps now that shortcuts have been added?
Of all the questions above, none can have the answer of “because we’ve always done it this way!”. If that’s the culture inside your organization – beware!
Looking for more great resources? Visit our Learning Academy.