One of the most important priorities for leaders is the digital transformation, for many reasons, the most prominent of which is keeping pace with the new era, as well as providing high-quality service to customers, obtaining competitive value, and influencing the market economy.
Technological change is not considered a new thing, but the change is taking place very quickly, and faster than ever, and industry 4.0 is happening. Although new technologies may threaten existing companies, they can create unprecedented opportunities. Indeed, a number of leaders may not accept the change. There are great opportunities created by new technologies, but companies that do not recognize and track the multidimensional shift may find themselves missing.
Digital transformation has overtaken the world in recent years, and its roots began in 1940, as decades of digital development revolutionized technology and paved the way for digital transformation, which still affects every organization, industry and market. In 2010 the digital transformation revolution started.
Digital transformation is the optimal investment in changing thought and behavior to bring about a fundamental transformation in the way we work, by taking advantage of the ongoing technical development to serve beneficiaries faster and better. It provides tremendous potential to build sustainable and competitive societies, by achieving a fundamental change in the services of different parties, consumers, employees and beneficiaries, while improving their experiences and productivity through a series of commensurate processes.
Leaders are completely challenged by the requirements to adopt new digital technologies. This process requires an agile approach to developing new skills, emotional intelligence, change capabilities, rapid decision-making, and daily learning. In this regard, each topic mentioned above may present a specific problem for leadership and organizations. This research will focus on the challenges that the leaders face in adopting the new digital technology as well as if the new technology is being used correctly.
What should recent leadership undertake to successfully face the digital transformation challenges?
Which skills need the leadership to successfully cope with the Industry 4.0 organizational requirements?
Is the leadership transforming fast enough in comparison with the technological changes?
What are the new leadership attitudes required to successfully compete within the digital business environment?
Is leadership prepared to migrate his organization into Industry 4.0?
How far does the leaders accept to change and go along with this transformation
21 century skills