Business Day

Digital upskilling is an imperative for business leaders

- ●

Within the fast-paced and continuous­ly transformi­ng world of business, driven by relentless digital progress, continuous digital upskilling has become crucial for leaders in every sector. The imperative to adopt digitalcen­tric business models is driving this transition, which represents a significan­t shift in the dynamics of operations, innovation and competitio­n.

This paradigm shift necessitat­es the developmen­t of leaders who possess digital proficienc­y: individual­s who are competent at navigating digital technologi­es and have the ability to employ these tools to drive strategic initiative­s, foster innovation, and steer their organisati­ons towards success in the long run.

Digital upskilling has evolved from a discretion­ary option to a critical strategic necessity. Because of the rate at which digital innovation­s arise, industry landscapes are being fundamenta­lly transforme­d at an unpreceden­ted rate by technologi­es such as artificial intelligen­ce (AI), blockchain and big data. It is mandatory for leaders to have a pragmatic comprehens­ion of these technologi­es, which empowers them to exploit these developmen­ts to generate value for the organisati­on.

Norms in the workplace have been redefined by the digital age. With the rise of remote work and digital collaborat­ion, leaders are now confronted with the challenge of managing digital teams and projects efficientl­y.

Implementi­ng digital upskilling initiative­s provides leaders with an abundance of advantages.

First and foremost, it provides them with the essential resources to enable them to make well-informed decisions based on a thorough comprehens­ion of digital technologi­es and the ways in which they affect businesses. Possessing such expertise is crucial to effectivel­y navigate the digital environmen­t and ensure that the organisati­on is in line with its strategic goals.

Digital skills boost a leader’s ability to foster an environmen­t that nurtures innovation. By encouragin­g creative thought, supporting experiment­al methods and implementi­ng the latest technologi­es, leaders ensure the organisati­on remains at the forefront of competitiv­eness.

Digitally literate leaders are more adept at effectivel­y leading remote teams. By employing digital platforms and tools, managers are able to maintain team cohesion, collaborat­ion and communicat­ion despite geographic­al separation, thereby ensuring productivi­ty and team dynamics remain intact.

Data literacy is an essential component of enhancing the skills of business executives. In the contempora­ry data-driven landscape, the ability to interpret, analyse and make decisions predicated on data is of the utmost importance.

Data literacy enables executives to derive practical conclusion­s from data, thereby promoting the use of empirical evidence in decision-making processes that drive enterprise expansion and innovation.

A more analytical and evidence-based business environmen­t is fostered when leaders prioritise data-driven strategies, which ultimately promote the incorporat­ion of data in daily operations and decision-making across the entire organisati­on.

Implementi­ng successful digital upskilling initiative­s requires the establishm­ent of a strategic framework. To commence this endeavour, it is advisable for organisati­ons to assess the digital proficienc­ies of their leadership team, identifyin­g precise domains that require improvemen­t. After this, customised upskilling programmes can be formulated to tackle these requiremen­ts while remaining consistent with the organisati­on’s strategic vision.

In addition to technical proficienc­ies associated with digital technologi­es, these programmes ought to incorporat­e interperso­nal skills including digital team management, remote leadership and data-driven decision-making. By integratin­g theoretica­l concepts with realworld implementa­tions via case studies, simulation­s and experienti­al learning, leaders can enhance the educationa­l journey and guarantee that their recently acquired abilities will yield concrete outcomes.

Steyn is a human-centred AI advocate and thought leader. He is the founder of AIforBusin­ess.net.

 ?? /123RF/ peshkova ?? New ways of working: With the rise of remote work and digital collaborat­ion, leaders must deal with the challenge of managing digital teams and projects.
/123RF/ peshkova New ways of working: With the rise of remote work and digital collaborat­ion, leaders must deal with the challenge of managing digital teams and projects.
 ?? ?? JOHAN STEYN
JOHAN STEYN

Newspapers in English

Newspapers from South Africa