NEWS
Business and tech leaders ‘ out of sync ’ on critical topics
• Thirty-seven percent technology executives and 10 % of business executives are educated on critical Digital Transformation topics , including AI , Machine Learning and cloud migration
• More than half of business owners and C-suite executives perceive IT as merely a general support function and not a business driver
Suggestions for improvement in the report include clarifying the role of technology in the business , creating mandatory digital and business literacy programs and connecting learning to implementation . new report from EPAM Continuum
A identifies a breakdown between business and technology in companies .
Some 79 % of business and tech leaders surveyed agreed that ‘ business does not speak technology and technology does not speak business .’
The study surveyed more than 900 senior executives from technology , digital , data , product , human resources , talent attraction and learning and development roles .
Other key findings from the Three Ways Leaders Impede Their Company ’ s Digital Transformation include :
Sandra Loughlin PhD , Chief Learning Scientist and Head of Client Learning and Talent Enablement , EPAM , said : “ True transformation starts at the top with executives and senior leaders committing wholeheartedly to investing in new capabilities , aligning resources and working together in new ways to achieve shared goals and foster a culture of unity .”
Michael Hicks joins Jackson Financial as CIO to lead infotech strategy
Michael Hicks has joined Jackson Financial as CIO based in the company ’ s Lansing , Michigan , office to lead key aspects of Jackson ’ s information technology strategy .
Michael Hicks , CIO , Jackson Financial
“ Mike ’ s breadth of experience and expertise in integrating technology with the financial planning process is an outstanding complement to our core capabilities and evolving IT strategy ,” said Dev Ganguly , Executive Vice President and Chief Operating Officer .
“ His penchant for innovation is evident in his work , including his efforts to create some of the industry ’ s first , real-time integrations between retirement solutions companies and back offices using API technology . “
Hicks said : “ I strongly believe more technological innovation and progress will be made in the annuities industry in the next decade than occurred in the last quarter century combined . I am excited to accelerate Jackson ’ s digital transformation journey and further enhance its position as an industry leader .”
Hicks most recently served as Senior Vice President and Chief Digital Officer at AF Group , a leading national provider of workers ’ compensation insurance solutions . During his more than 25-year career , he has held similar positions at Emergent Holdings and divisions within Guardian Life , MassMutual and Lincoln Financial Group .
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