The Multiverse of Leadership
The whole atmosphere in the business realm is changing. With the advent of hybrid work culture and the dynamically growing technology landscape, business leaders have an even more challenging task at hand. Simultaneously, the increasing cyber threats take it a bit far, especially with more people working from home. Minister of State for Electronics and Information and Technology Rajeev Chandrasekhar recently informed the Parliament that India witnessed 13.91 Lakh cyber security incidents in 2022. It’s an alarming number.
On the other hand, thanks to the ease of adopting the latest technologies, especially over the past three years, once-complex business problems now have simpler, faster solutions. No business can look the other way in providing a technology experience to its customers. This adds fuel to the already flaring competition. We all know that Data helps to gain better clarity about the target audience and equips organizations with the ability to build stronger connections with potential customers.
Furthermore, the fact that room for error in branding & marketing in the digital age is almost nix adds to the woes. Given the power of the online world and social media, a small overlook can cause grave dangers to your brand. The pressure is mounting up on business leaders. Every leader must understand that helping hands from the business consulting world have become almost inevitable to ensure business continuity. Subject matter expertise and knowledge are of paramount importance when it comes to the digital transformation of a business. Outsourcing tasks to consultancies, which would add value by using AI and analytical tools and offering quantifiable results, combining domain knowledge with technology to provide products and solutions, is never a bad idea.