Introducing CxO Experts as Digital Transformation Co-Pilots
Lets delve into how XOOTS’ unique CxO model fills the critical technology expertise gap at the executive level, providing hands-on, practical insights into digital transformation at both strategic and execution levels. This offers a more relevant and effective experience for organizations adopting digital strategies
Over the past decade, the importance of software in every aspect of business has skyrocketed. Companies’ success now hinges on their ability to develop and deploy software rapidly. However, organizations need comprehensive, up-to-date technical knowledge to determine if their digital transformation efforts are genuinely driving value.
Traditional approaches to acquiring senior digital transformation expertise are often outdated and insufficient. Most executives lack the technical insight necessary to understand the intricacies of their technology departments’ work, leading to frustrations when they face resource requests and missed deadlines for their transformation initiatives. CEOs struggle to assess the effectiveness of their digital transformation strategies and resource allocation efficiency.
Although HR departments can help, they often focus on administrative and compliance roles, lacking the expertise needed to select top senior tech talent. This can result in delays and costly mistakes in hiring senior product or engineering professionals. Companies may turn to large consultancies or the contract market for solutions, but these options frequently lack the knowledge and experience of true practitioners, in a flexible manner as and when required.
In recent years, some organizations have attempted to bridge this expertise gap by appointing Non-Executive Directors (NEDs) with technology backgrounds. However, research shows that only 5% of these NEDs have expertise in areas like cybersecurity or artificial intelligence. There is a crucial need for board-level technology expertise with recent, hands-on experience, given the rapid pace of technological advancements.
Enter XOOTS’ CxO model, which collaborates with some of the most experienced product and tech practitioners, including current or former CTOs, CIOs, CPOs, COOs, or equivalents. Our CxOs are not just theoretical consultants; they are world-class experts and practitioners with recent, hands-on experience in emerging technologies like AI and web3.0.
At XOOTS, we seek individuals who excel in both strategy and execution. It is a rare breed that can tackle both effectively. The ability to think strategically and execute efficiently is a quality we strongly emphasize when selecting the right CxOs
This challenge of finding CxOs with both strategic and execution capabilities is particularly prevalent in the startup world. In large enterprises, individuals can specialize in either strategy or execution, as the classical corporate structure supports such roles.
Our CxOs, however, excel in both strategy and execution. They work closely with clients to understand their specific needs, providing customized, pragmatic, and experience-based solutions tailored to their businesses. Rather than delivering generic suggestions or PowerPoint presentations, our CxOs offer actionable strategies and insights within days or weeks, thanks to their industry expertise.
Organizations transitioning to the digital space require CxO expertise. While NEDs with technology knowledge provide valuable input at the board level, CxOs offer actionable, pragmatic solutions across strategy and execution on a fractional basis when needed. They help companies set up their digital strategies for success by fostering collaboration across different functions and building new capabilities.
Our CxOs, clients’ digital transformation co-pilots, leverage their knowledge of digital technologies to help companies outperform their digital transformation goals. Their work ranges from digital strategy and web3 to digital insights, including blockchain-based strategies and the digital operating models that underpin them. By providing cutting-edge, practical solutions, XOOTS’ CxOs will be transforming the way organizations approach digital transformation.