The Digital Trust Workforce Global Edition
Executive Summary
- Purpose: To inform local and regional audiences about the importance of embedding trust into businesses and developing a future-proof workforce skilled in digital trust.
- Findings:
- Companies benefit from implementing Digital Trust strategies, leading to improved brand reputation, revenue, and operational efficiency.
- Digital Trust skills are scarce and expected to worsen over the next three years.
- Skills needed to manage Digital Trust are rapidly shifting, including technical abilities for AI and non-IT business functions.
- A holistic, self-aware culture around Digital Trust requires top-down leadership and cross-enterprise buy-in.
- Public policy plays a crucial role in enabling Digital Trust through education and infrastructure.
Introduction
- Background: Digital interactions are integral to daily life and commerce, necessitating a high level of trust in digital information and communications.
- Objective: To explore the factors shaping the Digital Trust workforce and the skills and management initiatives needed to build and sustain it.
Key Findings
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Benefits of Digital Trust Strategies:
- Improved brand reputation, revenue, and operational efficiency.
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Skill Shortages:
- Digital Trust skills are scarce across all industries.
- Expected to worsen as demand increases.
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Shifting Skill Requirements:
- Rapid changes in technical abilities, particularly for AI and non-IT business functions.
- Importance of product management, quality assurance, marketing, and business development.
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Cultural and Leadership Focus:
- Need for a holistic, self-aware culture around Digital Trust.
- Importance of top-down leadership and cross-enterprise buy-in.
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Role of Public Policy:
- Education and infrastructure play vital roles in enabling Digital Trust.
- Collaboration with governments to address infrastructure, education, and training needs.
Steps to Close the Workforce Gap
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Adopt Formal Approaches:
- Use leading Digital Trust and Digital Trust workforce frameworks to guide strategy and identify personnel and training needs.
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Support a Champion:
- Identify and support a champion within the organization to lead a cohesive Digital Trust strategy.
- Ensure close ties to human resources, IT, AI ethics, risk, and line-of-business functions.
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Collaborate with Governments:
- Address infrastructure, education, and training needs through collaboration with local, regional, and national governments.
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Prioritize Digital Trust as a Cultural Value:
- Embed Digital Trust as a cultural value across the business ecosystem.
- Highlight its value-add for customers, partners, investors, and employees.
Conclusion
- Importance: A workforce capable of earning Digital Trust is a competitive necessity in an era where it is required by global customers, investors, and regulators.
- Future Outlook: The journey towards a secure and trustworthy digital future is ongoing, and the role of the Digital Trust workforce is more critical than ever.
This summary provides a comprehensive overview of the key points and findings from the report, focusing on the importance of Digital Trust and the necessary steps to build a resilient workforce.