“Sadin on Digital” episodes explore the fast-changing and high-stakes world of digital business. Wayne Sadin and I focus in particular on what CEOs and boards must do to lead their companies successfully into the Digital Age. Today, we discuss what CXOs need to focus on as they develop a growth plan for the rebounding economy.
The Big Themes:
- Roaring 20’s redux: Fed Chair Jerome Powell said that the economy was at an inflection point: 6%-7% or more growth, and unemployment 4%-5%.
- Two books on strategy: “Post Corona: From Crisis to Opportunity,” by Scott Galloway. And “Strategy Beyond the Hockey Stick” (McKinsey).
- Technical debt can sink you: But a due diligence approach can save you. The Forbes article by Noah Barsky offers great insights—as do Wayne’s comments.
- Board governance of technology: A certified board of directors spends 5% on cybersecurity – and hardly a word on other technology risks or opportunities. The road to perdition!
The Big Quote: “How intense is the war for talent? My number one trend over the last 30, 45 days is this: recruiters—the people doing recruiting every day for search firms or manufacturers or high-tech firms—are being recruited themselves to help find great new talent.”
You can also stream this episode in audio-only format:
Cloud Wars Live Digital All-Stars
Wayne Sadin is one of our regular Digital All-Stars. The All-Stars are experts whose video podcasts will focus on the critical themes shaping (and re-shaping!) the business world here in the digital age of 2021. Our intention is to provide regular chunks of timely ideas and insights from industry veterans with diverse backgrounds.
This episode is brought to you by BMC Software.