Secondly, IT leaders need to learn to anticipate and take stock of their products and services to see in what ways their businesses are vulnerable to competitors that may take advantage of advanced networks or robotic replacements.
Thirdly, IT leaders need to consider the talent quest. There is a high demand for next-generation business and IT skills set, but there is unfortunately a scarce supply. "CIOs and business leaders must keep abreast of technology trends in their business ecosystem - the talent needs driving your business may have already changed since you last formulated your staffing strategy," said Pucciarelli.
Lastly, the cloud life, refers to the merging of real life with digital identity. All forms of personal data are now readily available in the cloud and businesses need to wisely use their knowledge about an individual's personal habits and preferences to customise experiences and replace other people as trusted advisors. In other words, business leaders must keep pace with competitors that are leveraging deep knowledge of personal data, and use this information for more targeted marketing and sales strategies.
Wrapping up his presentation, Pucciarelli urged delegates to start working on their ideas, and get the ball rolling by simply formulating a plan. Go ahead and innovate, transform and disrupt, he concluded.
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