* Top Stories * Headlines * Views * Trends * Solutions
Monday April 21st 2014

Research shows that tech savvy is becoming the top skill in corporations

As the internet has grown from 70 million users in 1997 to 2.2 billion, entrepreneurial companies with technology at their core have disrupted entire industries and threatened or eliminated incumbents. For example, Square, the new electronic payment service, has already upended a long-established financial ecosystem, with some arguing that it may even replace cash.

In recent years, incumbents have fought back. A 2011 IBM study of over 3,000 CIOs revealed that CIO-CEO alignment is stronger than ever, with traditional companies aggressively investing in technology innovation. Big-box retailers, like Best Buy, now have large, fast growing e-commerce businesses. The New York Times and other traditional publishers are launching digital products tailored to the mobile web. Even the big banks are getting social.

Yes, this is creating unprecedented demand for employees with serious technical chops. But as more traditional businesses are being run on software and a larger component of a company’s customer experience is being delivered online, everyone from marketing to general management needs to take notice. Studies confirm that technology skills will be crucial for future employment prospects. Engineer or not, the managers and employees who understand new consumer technologies and can create value by deploying software as a solution will be those most valued by organizations young and old.

Read more: HBR.org

Share This Post
Related Tags: , , ,

More from category

Cloud computing saves health care industry time and money
Cloud computing saves health care industry time and money

The cloud’s vast computing power is making it easier and less expensive for companies and clinicians to discover [Read More]

Facebook finds its retail groove in the power of presents with Facebook Gifts
Facebook finds its retail groove in the power of presents with Facebook Gifts

Facebook  has, at long last, discovered the power of presents. The company announced that it would launch Facebook [Read More]

New report says email and search drives — not social media
New report says email and search drives — not social media

The report from Forrester called “The Purchase Path of Online Buyers in 2012” (link is to page to purchase full [Read More]

How Primedia’s innovative CEO took the company from print to digital
How Primedia’s innovative CEO took the company from print to digital

When Charles Stubbs left YellowPages.com to take the helm at Primedia Inc. in mid-2008, his new employer was at a [Read More]

Virtual Leader Book answers many of the questions business people pose about the ways in which virtual strategies can work for them
Virtual Leader Book answers many of the questions business people pose about the ways in which virtual strategies can work for them

5.0 out of 5 stars Virtual Strategies August 31, 2012 By Juliette Lord Format:Kindle Edition As COO for MANIERA SL (a [Read More]

Digital Pop-Up Stores increase conversion rates for retailers
Digital Pop-Up Stores increase conversion rates for retailers

Unbound Commercea provider of mobile commerce solutions has launched digital pop-up stores to increase conversion rates [Read More]

Study shows retails do best with mix of virtual web plus real pickup
Study shows retails do best with mix of virtual web plus real pickup

CrossView, Inc., a cross-channel commerce solutions and retail technology provider, today announced key results from a [Read More]

Mobile checkouts will be game-changer for retailers
Mobile checkouts will be game-changer for retailers

Last week’s announcement that JCPenney will replace its cash registers with mobile checkout devices by 2013 is [Read More]

Join the Association

NEW! Coming Soon

Subscribe Today

WIN a Virtual Achiever Award!