Upgrading Technology Leadership
The rate of change in the technology realm is so overwhelming that by the time a company conceives, designs and deploys a technology, the market is often moved on. This underlines the need for strong technology leaders within organizations, which is only augmented by the prevailing hybrid work culture. Let’s take the case of Malaysia. According to a recruitment study, which incorporates insights collected from 10,000 Malaysian job seekers across 25 industries, working from home is the most preferred work mode among Gen X employees (72 percent) and Gen Y (71 percent), followed by Gen Z (64 percent) and Baby Boomers (66 percent). While it indicates a shared approval rating of higher than 50 percent across generations, it can also be translated into significant challenges for CTOs to accommodate the new norms.
It’s no wonder there are significant activities in the technology leaders market—not just in Malaysia but worldwide. SAP recently announced that its Supervisory Board has reached a mutual agreement with Chief Technology Officer and Executive Board Member Jürgen Müller to leave the company’s Executive Board. Müller has played a key role in establishing SAP’s BTP (Business Technology Platform). Yahoo also made an addition to its technology leadership—ex-Microsoft and Amazon executive Valeri Liborski recently joined Yahoo as its CTO to lead the company’s global engineering team and focus on innovation while advancing its investments in artificial intelligence. Nasdaq-listed Freshworks Inc. also recently announced that Murali Swaminathan will be joining the company as its CTO.
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