K
Kathleen Martin
Guest
The CEOs of Australia’s biggest companies say digital skills are now core to their operations, with many building up large in-house teams to carry out tasks such as digitising operations, developing new digital products and harnessing customer data.
The Chanticleer CEO Poll of Australia’s top 60 business leaders found that leaders were using part or all of a three-pronged approach to the challenge: building internal capability; using specialist consultants; and partnering with technology companies.
Woolworths Group CEO Brad Banducci called this the “build, buy and partner” method.
“Given the strategic importance of digital capabilities for our future, we have taken a mixed strategy of build, buy and partner,” he said.
“This helps ensure we’re deploying the best capabilities at all times, while also enabling us to own strategically important capabilities and IP [intellectual property],” Mr Banducci, a former vice-president and director at Boston Consulting Group, said.
Continue reading: https://www.afr.com/work-and-careers/workplace/ceos-rush-to-build-in-house-tech-teams-20211217-p59ify
The Chanticleer CEO Poll of Australia’s top 60 business leaders found that leaders were using part or all of a three-pronged approach to the challenge: building internal capability; using specialist consultants; and partnering with technology companies.
Woolworths Group CEO Brad Banducci called this the “build, buy and partner” method.
“Given the strategic importance of digital capabilities for our future, we have taken a mixed strategy of build, buy and partner,” he said.
“This helps ensure we’re deploying the best capabilities at all times, while also enabling us to own strategically important capabilities and IP [intellectual property],” Mr Banducci, a former vice-president and director at Boston Consulting Group, said.
Continue reading: https://www.afr.com/work-and-careers/workplace/ceos-rush-to-build-in-house-tech-teams-20211217-p59ify
