There is an idea to overcome obstacles in IT development related businesses and accelerate digitalization.
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The lack of an appropriate distribution of roles and competences in companies hinders digitization. Half of the directors of strategy are dismissed.
According to 84% advanced technology strategy directors, such as:
will play an increasingly important, even strategic, role in their business, according to the Deloitte Monitor study.
This is due to the fact that, in the opinion of the respondents, IT will have a significant impact on the efficiency of business operations.
Skills as a barrier. They don’t know what to put in place
However, there are obstacles. Nearly half of respondents say their companies lack the skills to use advanced technologies.
In turn, 42 percent. noticed the lack of a clear link between technology and business strategy, which is also partly a derivative of the lack of skills – such a position results from the insufficient resources and qualifications of people in the organization.
Additionally, companies have a big problem with prioritizing – which IT solutions should be treated as most important. This is noticed by one in three directors (34%).
What can accelerate change?
Therefore, bosses need to look for ways to implement innovations more efficiently and quickly. Grzegorz Dembicki, director of business development at Sagra Technology advises using low-code and no-code tools that allow employees unfamiliar with programming languages to create software.
According to him, it is important to strengthen the IT skills of strategy managers.
“Technology-driven companies need a conductor. A manager responsible for strategy can become something like this” – says Grzegorz Dembicki.
The directors want to take over
Apparently the chief strategists want to lead. The vast majority say they want to play an even bigger role in planning and implementing advanced technologies in their businesses. This is expected by 88 percent.
Currently, one in two (52%) say they are involved in defining and implementing their company’s IT strategies. It’s 5 percent. more than in 2021. However, this means that almost half of directors are still excluded from these activities.
What will they do
Strategy leaders see their role in enterprise IT, for example, in linking technology to business strategy (84%), in estimating and tracking value creation through implementations (67%), investment management (66%) and implementation prioritization (64%).
They know where they are going
Above all, 77 percent. of directors say their organizations have clearly defined goals, and 78 percent. maintains that its strategy is well integrated with the company’s fundamental objectives.
You need to take care of data analysis
There is also room for improvement here with the help of IT. Only one in five respondents (20%) are convinced that their company treats the collection and reporting of data related to the achievement of objectives as a priority.
They hope for better results for the company. They worry about the economy
According to the report, 4 out of 5 (80%) strategy directors expect their company’s financial results and the economic situation of the sector to improve within a year. It is therefore necessary to find funds for investments.
However, they are much more skeptical about the business environment – only 2 in 5 (40%) are optimistic about the future of the global economy.
Monitor Deloitte, part of Deloitte Consulting, surveyed 230 senior executives from 35 countries around the world, from companies of varying sizes and industries.