06 Apr, 2017

Is an IT Skills Gap Hindering Your Digital Transformation?

 -IT Skills gap

The road to digital transformation can be littered with potholes, speed bumps, and other obstacles that can slow progress. One such obstacle that has impacted many companies transformation efforts is a skills gap.

According to Forbes Insight, Digital transformation is at the top of the strategic agenda for enterprises for 2017, with half of the executives surveyed seeing a digital shift as critical for their organizations in the next two year. CIOs are facing competition for the digital talent they need to adequately resource for transformation. The Hackett Group recently released a study that highlighted that the biggest hurdle facing the digital transformation efforts for mid-sized to large businesses is finding and sourcing people with the right skills.

Based on an analysis of job postings collected from more than 40,000 websites by Burning Glass, a labor market analytics firm, it takes employers more than three months (96 days), to fill a job requiring cloud security skills (which is almost double the IT industry average of 45 days).

Whether it be a lack of digital knowledge or a lack of leadership skills, it’s important to hire skilled individuals who fill a gap in your organization and will help push your efforts forward.

Hiring for your IT department? Here is a breakdown of the skills you should look for.

MIT Sloan Management Review and Deloitte found only 11% of CIO respondents to their survey believed that their company’s current talent base could compete effectively in the digital space. Digitally transformed enterprises are based on agile systems, that have the ability to adapt quickly to dynamic market changes or customer demands. The organizations embracing digital transformation are identifying new positions required to achieve this adaptable business model, and are encouraging continuous training to enable their IT teams to master new technologies and methodologies.

Because of this, soft skills are in high demand.

  • Strategic Thinking/Strategic Planning
  • Leadership/Providing Leadership
  • Systems Thinking/Holistic Thinking
  • Business Analysis
  • Change Management (Organizational)
  • Innovation/Innovative
  • Problem Solving
  • Emotional Intelligence/Empathy
  • Communication
  • Decision Making

That’s not all on the wishlist from CIOs.

The advancement of analytics associated with real-time data scenarios thanks to the emergence of the Internet of Things (IoT) and other information ecosystems, according to a recent Gartner annual global survey is a key skills gap that nearly one-third of 2,598 CIOs are looking to full.

“Emerging technologies in fields such as cloud computing, mobility, and data and analytics, in addition to security and risk management, are permeating nearly every aspect of the IT landscape. It’s essential that IT professionals identify and fill the main technology—and effectiveness-related skills gaps now—otherwise, they risk impeding their organization’s progress toward strategic goals,” said John Hagerty, vice president and analyst at Gartner.

What is clear is that with digital transformation imminent for a lot of companies, the need for digital skills in IT is growing.

Keeping on top of the latest digital technology and the changing role of the CIO and IT will be key to ensuring that your business can adapt quickly to changing markets.


Digital Enterprise Transformation AssemblyThe Millennium Alliance is thrilled to present our biannual Digital Enterprise Transformation Assembly, put together by the industry, for the industry. Join us on June 22-23, at The Camby in Phoenix, AZ for a series of executive education roundtables, keynote presentations, collaborative think tanks, educational workshops, and networking sessions will offer industry-specific topics and trends to ensure your company sustains its competitive advantage.

The Digital Enterprise Transformation Assembly will bring together North America’s most prominent technology and business leaders from all major industries. CIOs know there is an explosion of information driving the digital enterprise. Understanding the convergence of mobile, social, and cloud is critical for organizations looking to create opportunities and stay ahead of the competition. It is this convergence that will be the foundation of the new digital world.

This is not just another “Digital IT” event. Spaces are reserved for the best in the business. Enquire about attendance here!

Our agendas and attendee lists are for Millennium Members only. Apply today for access!

BP Group Chief Information Officer
Costco SVP, Chief Information Officer
Dreamworks Animation Chief Technology Officer
Ernst & Young Chief Technology Officer
Honeywell VP, Chief Information Officer
Jet Propulsion Laboratory Chief Technology Officer & Innovation Officer
Johnson & Johnson Chief Technology Officer
KPMG Global Chief Information Officer
Las Vegas Sands Corp. SVP & Global Chief Information Officer
McKesson EVP, Chief Information Officer & Chief Technology Officer
Merck Chief Technology Officer
MUFG Americas Chief Technology Officer
Panasonic Corporation President & Chief Information Officer
Rent-A-Center Chief Technology Officer
The Coca-Cola Company SVP, Chief Information Officer
USAA SVP, Chief Information Officer


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