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Digital transformation fuelling need for new executive toolkit – study


TORONTO – Traditional management skills and knowledge alone won’t assure success for executives at high-tech organizations that are undergoing a dramatic transition. “Game Changers: TMT Leadership Skills in the Digital Age” reveals that today’s technology, media and telecommunications (TMT) executives need a new leadership toolkit to advance their careers and lead their organizations in the digital economy.

Commissioned by Canadian Women in Communications and prepared by Digital Theory, the consultation employed in-depth interviews with 61 TMT industry leaders from across Canada and the U.S. found that traditional management skills, while still important, no longer assure success for executives or their organizations. Digital transformation is fuelling the need for TMT leaders with the skills and attributes to lead innovation and work collaboratively across organizations and industries to create new digital products and services, executing in fast-paced, ambiguous environments.

In particular it found that skills upgrading and targeted career planning will be critical to retaining and advancing women, who are already under represented in key TMT industry senior management.

“If we are to grow the ranks of senior women in today’s TMT sectors, it is critical to understand in-demand leadership skills in the digital context,” says Judith Campbell, Acting President of CWC. “For organizations and women seeking to advance their careers and stay ahead of the curve, this report holds vital strategic information.”