Roles and responsibilities of management during digital change

Question 1

What abilities must management demostrate to survive digital disruption?

Answer 1

Inspirational Leadership
Competitive edge
Establishing a strategic direction
Influence external parties
Collaboration
Business Judgement
Execution
Building talent

Question 2

What is inspirational leadership?

Answer 2

Leadership team will need to energise the workforce and inspire confidence that digitalisation is the right way forward

Question 3

What is involved with influencing external parties?

Answer 3

Raising capital is likely to be neccessary, but showing how that capital may be applied might be more problematic

Question 4

What is involved with collaboration?

Answer 4

Organisation will need to see itself as part of a wider ecosystem if it is to deliver the requisite value

Question 5

What is involved in execution?

Answer 5

Thought must be given to how these can be used most effectively by the people within the business. People and technology need to work in harmony to produce the desired outcomes

Question 6

What is involved with building talent?

Answer 6

Critical to identify the skills that staff will need to demostrate and to manage training/recruitment to ensure that the business has those skills. New roles are likely to be required.