CEOs SHOULD HAVE TECHNOLOGY IN THEIR DNA IF THEY ARE TO SUCCEED,

CEOs SHOULD HAVE TECHNOLOGY IN THEIR DNA IF THEY ARE TO SUCCEED,

SAYS UAE’S BUSINESS LEADERS

           

 

CEOs and executive leadership positions should be filled by

people with technology career backgrounds, such as app or

software development, if businesses are to be more

successful, says four fifths (80%) of business leaders in the UAE.

New research* finds international recognition that

elevating technology team members into leadership roles

drives significant value for the entire organisation. When

identifying specific benefits, nearly three quarters (70%) of

business leaders in the UAE highlight improved efficiency

across the whole organisation – a figure that was 20%

higher than the EMEA average, while 50% recognise

increased business performance, 58% greater innovation

potential, and 50% better customer experiences.

This sits against a backdrop of seismic disruption, where

digital transformation – the way technology transforms or

enhances business models – has been validated in helping

leaders and their organisations adapt to fast-changing

market dynamics, changing business models and employee

mobilization. During the pandemic, UAE businesses

highlight the benefits of modernised applications, for

example, to enhance their performance and resilience.

Almost two thirds (63%) of respondents highlighted the

role of modernised apps to enable employees to work

remotely, and 42% referenced their ability to continuously

push updates in response to the changing landscape, while

49% said it would enable reliable uptime. 

In fact, 90% of app developers and technology leaders in

the UAE believe that without successfully modernising

applications, organisations will not be able to deliver a

best-in-class customer experience. This is echoed by the

global executive community; more than 80% of whom

believe that enhancing application portfolios will improve

the customer experience, which is directly tied to revenue

growth**.

“Business leaders have never been at the helm of so much

change, so those with an inherent knowledge of technology

and an understanding of how applications can help them

adapt to any market conditions and shape their future

performance and resiliency have a real advantage. Indeed,

three quarters of the world’s business leaders agree that a

‘technology inside’ leadership skillset will bring success,”

said Rasheed Al-Omari, Principal Business Solutions

Strategist, SEMEA, VMware. “From the tens of millions of

people and students now working and educating from

home to Governments creating contacting tracing apps in

months, to banks being able to scale to provide significant

revenue streams, to businesses and retailers looking at

digital platform options almost overnight, this pandemic

has driven a decade of digital transformation in a few

months.

Hassan Hamade, Senior Technologist, EMEA, added: “It is

the ability to get these defining, business apps – that

deliver information and services into the hands of users,

where needed – that creates success and genuinely drives

customer engagement.  Leadership with technology in its

DNA combined with a software-enabled digital foundation

to serve up these digital services is a winning combination.”

A competitive advantage, born out of the continuous

development and delivery of new applications and services,

is also reinforced by the findings – which reveal that high-

performing companies in EMEA have a more efficient and

effective development rate of applications.  Two thirds

(66%) of new applications make it through to production in

high-performing companies***, compared to 41% within

underperforming organisations****, while 70% of

application efforts make it to production in the planned

timeframe in high-performing organisations, compared

with just 41% in underperforming.

 

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