Only 53% of business leaders are considered digitally literate

According to new research from independent IT association ISACA, just over half of business technology professionals feel that their organisation's leadership is digitally literate.

The research discovered that as many as 47% believed that their business leaders either didn’t have an understanding of the technology, or the potential impacts that it can harness.

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The report reveals somewhat concerning statistics in the way of digital transformation, with many firms not even considering the implementation of new and emerging technologies, largely due to it being the unknown amongst business leaders.

“With this research, ISACA’s global membership provides a digital transformation reality check that assesses actual technology adoption plans, levels of sentiment of support and concern, and monetary commitments to deploy emerging technology by geography and industry,” said ISACA CEO Matt Loeb.

“The resounding message from our research is clear: senior leadership needs to invest in increasing its digital fluency. Organizations with digitally fluent leadership are more clearly recognizing the benefits and risks of emerging technologies.”

Despite a growing sense of urgency amongst firms to digitally transform their operations, the report showed that less than a quarter of businesses felt their senior leadership teams are receptive to adopting new and emerging technologies.

Read the full report based on ISACA’s new Digital Transformation Barometer research for more.