Opinions expressed by Entrepreneur contributors are their own. As digitalization continues to shape the modern business landscape, senior executives are now more than ever required to stay current and relevant. A Deloitte survey found that 67% of executives felt "uncomfortable" accessing or using data from advanced analytic systems. For executives to stay ahead of the curve, having a solid understanding of digital literacy is essential. This includes being knowledgeable about new technologies and their potential challenges and risks. It also means being up-to-date on the latest software, hardware, and digital tools trends that can help increase efficiency, productivity and communication. So what major areas of digital literacy should senior executives focus on to stay current and relevant? Related: 11 Leadership Guidelines For The Digital Age Accepting AI and machine learning If the time it took for companies to adopt the internet felt short, the adoption of artificial intelligence (AI) has felt even shorter. AI and machine learning aren’t necessarily new technologies; their practical uses are evolving quickly. Senior executives should be familiar with AI and its capabilities to understand how it can help improve the customer experience and overall business operations. 94% of corporate leaders surveyed by Deloitte believe […]
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