A recent Gartner survey reveals that only 44% of CIOs are considered AI-savvy by CEOs. There is a significant disconnect between CEOsâ recognition of AI's transformative potential and their perception of the C-suite's capabilities to leverage it effectively. 77% of CEOs view AI as pivotal for a new business era, yet many leaders struggle with insufficient talent and unclear ROI for AI investments. This emphasizes the urgent need for improving tech savviness within leadership for achieving successful digital transformation.
"AI is a step change in how business and society work. A significant implication is that, if savviness across the C-suite is not rapidly improved, competitiveness will suffer, and corporate survival will be at stake," said David Furlonger, distinguished VP analyst and Gartner fellow.
Despite companies heavily investing in AI, there is a lack of hard evidence around the ROI for AI deployment; as a result, business leaders are having trouble charting their strategies.
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