How will that change our world?
These new executives will bring a distinctive hybrid style of modern management. They will be less autocratic and more socially networked. They will view technology as a enabler and not a threat. They will understand that computers are as critical as being able to speak and write the English language. Most of them will have some degree of programing knowledge.
This group will be bringing a whole new digital mind-set, something that was either missing with the last generation of management, or that was hesitatingly thrust upon them with subliminal resistance to the change from the way things were done before.
From a technology point of view some of the powerful executives find it more difficult to grasp the importance of business intelligence and the laying of a solid foundation to really make it work, while at the same time when I talk to students in a MBA program they seem to find it sheer common sense. The legacy leadership resisted technology and BI solutions for as long as they could then when the tsunami got too strong they simply caved in by handing their protocol reigns to their closest advisors. If it was a CFO, which is is mostly in IT projects, and then they went to their auditing partners, who co-incidentally also happened to be Implementation partners. Most of these partners today have their implementing arm far larger than their auditing business in terms of revenue and margins generation capabilities. The only reason for this was that the CFO did not fully understand IT or BI, and more than fully trusted their auditors. The new generation of executives and power brokers live inside the digital world, they undertand technology and its rules and regulations. Whether they are the CFO or the VP of sales they fully understand IT and BI. This new generation can be re-tooled to understand the Key Decision factors in a brief executive presentation to forever be able to differentiate between perceived ‘Value’ and true BVA, or Business Value Attainment.