Business Intelligence

Younger Executives to Drive Major Shift in Enterprise IT

The rise of a new generation of younger, tech-savvy executives is set to have a major impact on enterprise IT and connectivity over the next few years.

This is the finding of a new report by Deloitte, conducted on behalf of UK-based mobile operator EE. It revealed that the next wave of chief executive officers is set to bring about a “sea change” in the way businesses are organized, with improved mobility and communications set to be a key plank of this restructuring.

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Many of these future leaders are frustrated by the current limitations of their enterprises, the survey found. For instance, only 21 percent of employees in large businesses are equipped to work productively when they are not at their desks.

This is a key reason why three-quarters of Generation Y workers–defined as those born after 1980—want the ability to do more with mobile devices in the workplace. Deloitte’s report said that under-investment in mobility, despite the widespread recognition of its benefits, has cost firms millions of dollars in and lost productivity and extra expenses.

But this is set to change in the coming years as younger leaders who have grown up with technology take the helm in more firms. The first Generation Y CEO of a company trading on London’s FTSE stock exchange is set to be appointed by 2016 and they will lead the way to better use of mobility and communication throughout their organization, the report estimated.

“It’s essential that we constantly adapt our work culture, our processes and the technology that enable our employees to work more productively and efficiently, said Gerry McQuade, chief marketing officer of business at EE. “The most important asset any business has is its people – and using the latest technology at work can help attract the best talent.”

EE and Deloitte’s report comes shortly after research by CompTIA revealed younger workers are more likely to have embraced bring your own device technologies. It found 61 percent of workers in their 20s use these solutions, compared with just 32 percent of those in their 60s.

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