Hotline: 1800 102 2007
X
Search Business Opportunities
2014-07-17

CEOs to emerge as digital leaders by 2015, says Gartner

More than half of Chief Executive Officers (CEOs) would have a senior digital leader role among them by the end of 2015, Gartner\'s 2014 CEO and Senior Executive Survey report said.

More than half of Chief Executive Officers (CEOs) would have a senior 'digital' leader role among them by the end of 2015, Gartner's 2014 CEO and Senior Executive Survey report said.

 

By 2017, one-third of large enterprises with digital business models and activities would also have a digital risk officer (DRO) role or its equivalent, the Gartner report said.

 

By 2020, 60 per cent of digital businesses would suffer major service failures due to the infotech security team's inability to manage digital risk in cases related to use of new technologies, the Gartner report said.

 

Infotech, operational technology, the Internet of Things (IoT) and physical security technologies would be interdependent, requiring a risk-based approach to governance and management, the Gartner report said.

 

Digital risk management is the next evolution in enterprise risk and security for digital businesses by expanding the scope of technologies protected, it said.

 

"Digital risk officers will require a mix of business acumen and understanding with sufficient technical knowledge to assess and make recommendations for appropriately addressing digital business risk," Gartner's Vice President and Distinguished Analyst Paul Proctor said in the report.

 

Many traditional security officers would change their titles to "digital risk and security officers", but without material change in their scope, mandate as well as skills, they would not be able to fulfill such a role in its entirety, he said.

 

Digital risk officers would report to senior executives like the Chief Risk Officer, the Chief Digital Officer or the Chief Operating Officer. They would manage risk at an executive level across digital business units working directly with peers in legal, privacy, compliance, digital marketing, digital sales and digital operations, the report said.

 

Many Chief Information Security Officers (CISOs) would evolve into digital risk officers after they begin to own or form effective partnerships with digital security teams managing other forms of technology. Infotech security leaders may continue with their assigned responsibilities reporting to digital risk officers.

 

As physical security management becomes increasingly digital, this would include physical security teams as well, it said.

 

"By 2019, the new digital risk concept will become the default approach for technology risk management," Proctor said in the report.

Related opportunities
  • Casual dine Restaurants
    About Us Manbhavan means ‘pleasing mind’ and we do it by..
    Locations looking for expansion Maharashtra
    Establishment year 2015
    Franchising Launch Date 2017
    Investment size Rs. 50lac - 1 Cr.
    Space required 1500
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Mumbai City Maharashtra
  • Competitive Exam Coaching Institute
    About:INTERACTIVE Classroom Teaching: Chanakya IAS Academy serves the society by providing..
    Locations looking for expansion New Delhi
    Establishment year 1993
    Franchising Launch Date 2017
    Investment size Rs. 50lac - 1 Cr.
    Space required 5500 - 8300 Sq.ft
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater South Delhi New Delhi
  • E-Commerce & Related
    About Us   Company Name: Ankit Enterprises Brand Name: meSleep Ventured into their..
    Locations looking for expansion Delhi
    Establishment year 2010
    Franchising Launch Date 2017
    Investment size Rs. 10lac - 20lac
    Space required 200
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater New delhi Delhi
  • About Us: NICT provides high quality computer education at a very..
    Locations looking for expansion Karnataka
    Establishment year 1993
    Franchising Launch Date 2001
    Investment size Rs. 30lac - 50lac
    Space required 1000
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Bangalore Karnataka
Insta-Subscribe to
The Franchising World
Magazine
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities

Free Advice - Ask Our Experts