Trends in utilities (power and water) from 2022 and beyond.
A new form of leadership is desperately needed around the globe now. Two facts emerged in the midst of 2020’s struggles.
Now, as technology continues to revolutionize sectors and people’s lives, more organizations than ever before are embracing the idea that every company is a technology business, and they’ve set off a new period of exponential development.
In order to create a brighter future in the wake of the pandemic, utilities are embracing change.
Change is Inevitable
It’s not easy to adapt to change, but it’s unavoidable. It’s possible that someone else will take the lead if utilities don’t do their part.
A new leadership team must create a new inventive, connected, and digitally savvy workplace. It has to shed its decades-old, risk-averse, asset-based engineering mentality.
When the time is right, industry leaders will become Change Experts who can help bring about this much-needed shift.
The utility industry’s attitude to technology adoption will undergo a drastic shift as a result of this new perspective.
In the history of the utility sector, there has never been a time like this.
Some people are scared to face these new difficulties.
Change Experts, on the other hand, are beginning to emerge, demonstrating how everything is possible.
The Utility Leader
But there’s no mistaking it: the CIO or CTO alone can’t turn the company into a technology leader.
To be effective, a digital-first strategy must be supported by the whole C-suite and implemented across the company as a whole.
First, it’s important to recognize the growing interdependence between business and technology strategy.
The architectural decisions firms make now will dictate what the company can and cannot accomplish far into the future, and this has never been more true than today.
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