This section comprises insights related to digital literacy in the industry.
Just 20% of Industry leaders rated more then 3 out of 5 on current digital literacy level. To achieve the DX vision, digital literacy plays vital role. Industries must focus on developing digital skillset of employees and introduce them towards the digital transformation.
Organisations must increasingly combine their digital abilities with operational knowledge. When digital talents are joined with a thorough grasp of the business, the true potential of digital skills is achieved. The actual value of data analytics, for example, is determined by an organisation’s capacity to operationalise its findings. This necessitates data expertise, strategic and creative thinking, cooperation, and communication abilities. As a result, there is an increasing demand for people with technical skills, business strategy, and leadership talents.
organisations are under enormous pressure to scale up their digital talents due to the growing demand and limited supply of digital talent. To address the digital skills gap, we believe organisations should launch digital tool training programs, look at novel recruitment approaches, make targeted acquisitions, form alliances, and connect with the startup community.
Around 78% of the leaders said that they are considering partnership as an option to fill the talent gap for the adoption of DX. Partnerships allow businesses to benefit from the digital knowledge of other companies. Companies can use best-in-class personnel or services as part of these agreements to help them with their digital ambitions.