Source: GDS Group
With the hype around digital technology which reshapes almost every aspect of organizations across multiple industries, practicing digital leadership is essential.
References.be points out 4 key characteristics of digital leaders, namely:
The Visionary: The visionary considers the use of digital technology a strategic enabler and would like to share this "digital vision" with other organization members.
The Explorer: They explore creativity by encouraging teams to experiment and embrace iterative trial and error processes, which embrace innovation through utilizing digital tools.
The Committed Leader: Committed leaders ensure the organization has the right skills and resources to adapt to innovation.
The Vigilant Observer keeps a close eye on emerging technologies and external threats, identifying opportunities beyond the organization’s immediate focus. They play a pivotal role in transforming insights into actionable strategies, though this task is becoming increasingly challenging in today’s fast-paced digital landscape.
To master digital leadership, it is required that leaders balance these 4 roles, since without vigilance, opportunities go unnoticed and threats are missed out on. Without a vision, there is no clear strategy. Without exploration, ideas remain unrealized and innovation disappears. Finally, without commitment, innovations fail to scale.
Source: Xtracta
Besides 4 key characteristics, a digital leader needs to keep a cool head in this transformative era of business. To specify, they need to distinguish truth from false information in a sea of information. They need to become more selective in information acquisition and know what works best for their company. In this regard, they need to avoid blind adoption of technology, since many trends in AI could foster the behavior of jumping on the bandwagon without careful analysis.
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