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.

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.

 

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
  • Azvasais well known in the field of Education for its..
    Locations looking for expansion Karnataka
    Establishment year 2009
    Franchising Launch Date 2023
    Investment size Rs. 1 Cr. - 2 Cr
    Space required 44000
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Bengaluru Karnataka
  • Others Food Service
    People are our North Star. We aim to treat our..
    Locations looking for expansion Maharashtra
    Establishment year 2019
    Franchising Launch Date 2022
    Investment size Rs. 10lakh - 20lakh
    Space required 100
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Haveli Maharashtra
  • Clinics & Nursing Homes
    India's leading clinical beauty platform which is backed by experts &..
    Locations looking for expansion Maharashtra
    Establishment year 2018
    Franchising Launch Date 2023
    Investment size Rs. 1 Cr. - 2 Cr
    Space required 750
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Mumbai Maharashtra
  • Pharmacies
    Rx Aushadhi is one of the trusted online pharmacies in..
    Locations looking for expansion Madhya pradesh
    Establishment year 2018
    Franchising Launch Date 2023
    Investment size Rs. 10lakh - 20lakh
    Space required 300
    Franchise Outlets -NA-
    Franchise Type Unit
    Headquater Indore Madhya pradesh
Insta-Subscribe to
The Franchising World
Magazine
tfw-80x109
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
email
mobile
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

pincode
;
ads ads ads ads