Keeping up with digital development
The current pace of technological development is fast and the flow of new applications is incessant. It can be very challenging to stay on top of it all. Sometimes, it makes more sense to invest your time in developing your core competences to build your competitive edge and have someone else follow the trends. Call on trusted experts when you need their input.
Access to top talent is getting harder
IT & design experts are in high demand. They might not be affordable or accessible to your company. When your business is going through a rapid growth and digitalization spurt, you might find your own experts are already all tied up. Driving digital development should not happen at the expense of the core activities that made your company successful in the first place.
Fast and flexible organizations outsource for expertise
Rapid changes require fast reactions and agile allocation of talent. In order to take advantage of new opportunities as they arise or ramp up new business endevours fast, you might need a whole team of experts that is instantly ready to roll up their sleeves. Hiring new talent is a relatively slow and costly process, so you might need to think outside the box to get a top team in fast.
Digitalization requires dedicated leadership
Nowadays, every company needs a digitalization strategy and a customer-centric approach to business. But sometimes, the duties of a Chief Digital Officer and Design Director are tossed on to other executives as a temporary solution or because these talents are difficult to recruit. However, the already overworked executives might have a hard time finding the time to lead new initiatives. At worst, it is also unfamiliar territory to them.