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Successful digital chiefs combine a nuanced understanding of emerging technologies with strong commercial instincts, aligning sophisticated digital strategies with core enterprise objectives to outpace market shifts and capture new opportunities. Equally vital is the alignment of digital initiatives with broader corporate vision.
But it only intensifies something we were already seeing in the world of work: organizations need to adapt constantly to keep up with market dynamics. Millennials and Generation Z crave purpose as well as ethical behaviors from their bosses. Employees are expressing this, too.
The Rise of Holacracy: The trend towards decentralized leadership—sometimes known as holacracy—challenges the traditional hierarchy of organizations. Building a Moral Framework for Machine Decisions: With AI making more decisions in the business, ethical considerations are becoming crucial. Digital fluency is a must-have.
Multinational corporations long have looked for growth opportunities in emerging markets. In 2014, according to the latest United Nations estimate, direct foreign investment (FDI) in emerging markets reached more than $700 billion — accounting for over half (56%) of all global FDI flows for the first time. Crime exacts a toll.
Berkshire Hathaway is known for its extreme decentralization. It has no central marketing, procurement, sales, HR, IT, or legal department. The ethical conduct of business is central to the company and its culture. Is ethical behavior being influenced by the tone at the top? It does not even have a General Counsel.
As each piece of new technology hits the market, scam artists worldwide are becoming increasingly more crafty in their approach to exploit vulnerabilities in security and have left us exposed to digital attacks. This immense expansion of digital space has left us in dire need of advanced cybersecurity measures.
Developers, marketers and IT specialists suddenly face uncertainty. Within months, she upskilled in AI ethics, landing a role at a startup focused on responsible machine learning. He used his severance to fund a coding bootcamp focused on decentralized finance (DeFi). For tech workers, its a massive gut punch.
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