As technology rapidly disrupts the way business is done on a day-to-day basis, research has surprisingly revealed that over 84% of businesses across the globe are not digitally prepared for changes. This is largely due to fears from most c-suite leaders and their unwillingness to change. The rapid evolution of technology and its application in a workplace is also throwing most leaders out-of-focus as far as the integration of technology in business is concerned. However, there is no need to fear as there are some simple steps that can have you stay informed and ahead of innovation as far as technology is concerned.
Integrate an IT department
Every business, irrespective of its area of investment, should have a well-integrated IT department that is manned by professional IT experts. The IT department should be tasked with the responsibility of facilitating the business’s compatibility with the relevant and modernized technologies. The IT experts in the department should be responsible for briefing you on every aspect of the business’s digitization programs.
Start with the basic technology
As a starting point in your journey to become a competent CEO, you should focus on establishing fluency in the most basic technologies around you. For instance, beginning by knowing how to use a computer for basic functions lays the foundation for advanced computing applications such as programming and computer integration. He should also be competent in the various IT jargon commonly used today.
Understand the repercussions of technology
It is also advisable to have sufficient understanding of what you and your business stands to lose if you are not well prepared for the tech revolution. Businesses that are not tech-competent stand to lose out a lot, with most of the losses translating to a loss of opportunities in the market and financial losses. In addition, it is good to understand the threats that your business is exposed to as a result of not keeping up with technology.
Have a tech strategy
After everything is said and done, you need to stop thinking and start acting right away by creating a technology strategy necessary to guide your business through the IT revolution. The strategy should align your business in readiness for the existing IT solutions.