SINGAPORE - MAJORITY OF BOSSES CONFIDENT THEIR BUSINESSES HAVE THE RIGHT LEADERSHIP TEAM TO IMPLEMENT DIGITAL CHANGE
(Nov.4, 2019, /staffingindustry.com/)Most, or 78%, of Singapore-based managers are somewhat to very confident their businesses have the right leadership team to implement digital change, according to a survey by Robert Half Singapore.
The survey showed that 17% of Singaporean bosses said they were not confident that their businesses have the right leadership team to implement digital change.
Within the pool of Singaporean survey respondents, financial leaders are more concerned than their tech counterparts with 20% of CFOs saying they’re not confident of their leadership, compared to 11% of CIOs.
The research also highlights the four most significant reasons why Singaporean bosses aren’t confident their organisations have the right leadership to implement digital change.
More than half (55%) say they lack management support or interest, followed by 47% who refer to the lack of change management experience. Almost four in 10, or 39%, highlight the lack of communication and 39% say they don’t have the technical know-how.
The research also showed that Singaporean CIOs identify technical know-how (67%), change management experience (56%), and involvement of specialists in decision making (56%) as the top three skills needed to successfully lead the IT department into the digital future.
CFOs, by comparison, identify communication skills (58%), technical know-how (58%), and change management experience (56%) as the top three skills needed to successfully lead the finance department into the digital future.