Understanding the five competencies of transformational technology leadership

Summary: Today’s technology leaders face a paradigm shift from being individual specialists to embracing roles that require collaboration, communication, and cocreation. Deloitte’s 2023 Global Technology Leadership Study highlights the importance of tech leaders in synchronizing diverse talents towards enterprise transformation, now considering them as value and revenue generators, not just cost centers. The evolving landscape requires tech executives to master, coordinate, and integrate multiple roles across the enterprise, including chief data officers and chief digital officers, among others. Successful tech leaders are those who develop competencies in areas such as tech fluency, data management, innovation, change management, and business acumen, effectively contributing to a broad spectrum of organizational initiatives from tech fluency to innovation, and strategic planning.

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