Episode 508

MIT CISR's Peter Weill on Digital-Savvy Leadership

December 3, 2020

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About the Guest

Peter Weill

Executive Director of MIT CISR

Peter Weill is the Chairman and Senior Research Scientist at MIT Sloan’s Center for Information Systems Research. In his position, Peter is focused on the role, value, and governance of digitization in enterprises and their ecosystems. Peter is also the author of numerous award-winning books and articles.

Episode Overview

508: MIT CISR Executive Director Peter Weill discusses

The two roles of a technology leader: To manage technology and to help differentiate their enterprises.
Some of the education programs CISR has for management teams to increase digital savviness
Some of the long-term implications the pandemic will have on the world
The results and implications from several of the machine learning based studies done by CISR that show that less than half of CIOs or CTOs and less than a quarter of boards are digitally savvy
The importance of having at least three digital savvy directors on a board
The three major aspects of a board
The value of having CIOs on boards

Among a variety of other topics.

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“"We were able to find that with all listed companies in the United States with revenues over a billion, that only 24% of boards were digitally savvy and they had a much higher performance.""