Effective Executive Journal
Strategically-Thinking Senior Executives Need to Take a New View of the Digital World It Is Here to Stay and Is Getting More Scary

Article Details
Pub. Date : Dec, 2021
Product Name : Effective Executive
Product Type : Coaching and Mentoring
Product Code : EECM21221
Author Name :Stephanie Jones* and Sam Curry**
Availability : YES
Subject/Domain : Management
Download Format : PDF Format
No. of Pages : 8



Many companies and their leadership teams are intimidated by the digital world and the dark, mysterious risks from cyber threats. Many Chief Executive Officers (CEOs) do not understand the implications of increasing digital transformation and their increasing exposure to cybercrime-but they must. So, from both an academic and practical perspective, the authors of this paper have interviewed several Chief Security Officers (CSOs) and analyzed their remarks from a leadership perspective-it is only human to not understand the digital world, and to see the security function as a technical niche, but business leaders have an enormous and scary gap to bridge, and mounting pressures to do so. Arguably, the skills/abilities required for engaging in responsible leadership include the appreciation of risk-even risks such as digital issues and cyber security challenges which the typical business leader barely understands. Some companies are more responsive to global problems such as cybercrime than others-and much of this response depends on how seriously they take their digital transformation and if they listen to their cyber security experts.

Strategic Thinking and Corporate Boards

The world is becoming increasingly digitally- oriented, with governments providing critical services online and even the least technical companies becoming dependent on connectivity, cloud, and data analytics. Security and privacy are becoming essential to continuing services and are now household words; yet Chief Security Officers (CSOs), the latest entrants to the boardroom and senior management team, are often struggling to do their jobs effectively. CSO tenure tends to be