Destination digital-Finding and Building the Talent – Egon Zehnder
Article Synopsis :
Digital customers are slowly influencing every aspect of the insurers business. To address these challenges, insurers need to integrate digital throughout their organisation. It is important for senior management to acknowledge the strategic impact of digital and the resulting changes to their organisational structure.
In the article titled ” Destination digital – Finding and Building the Talent to Get There” authors from Egon Zehnder, discuss some key steps that companies can take to unlock success in hiring, integrating, nurturing and developing such talent – and in strengthening senior management’s role in leading the drive to digital. Key points discussed in the report are:
- Why the CEO should be the primary champion of digital
- The critical triangle of CEO, CIO and CDO
- Digital requires sponsorship at board level
- Competencies of digital talent: digital and change management needed
- External recruitment, internal development or acquisition
- Integrating digital talent into the company
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Digital Insurer's Comments
Nurturing talent to drive digital transformation will be the key to success for insurers. While driving digital transformation insurers will have to focus on:- Percolating digital culture in various business departments
- Nurturing and acquiring digital talent from external or internal sources
- Designing the right training courses for employees
- Using the right tools and techniques to filter out the best digital talent
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