The primary challenge lies in the scarcity of leaders who possess both technological depth and solid business acumen. This shortage of cross-disciplinary skills is even more pronounced as demand increases with the rapid evolution of AI and digitalisation. Leaders with these skills are essential for organisations that want to stay at the forefront of innovation in digital strategies and AI applications.

The competition to attract these highly skilled leaders is intense, especially when large corporations and established tech giants offer lucrative packages and extensive resources to attract top talent. Small businesses and startups must navigate this competitive landscape by offering unique value propositions to attract and retain the best.

An environment that values diversity and inclusion is also essential to building a leadership force that can bring diverse perspectives and drive progress. Furthermore, the geographical concentration of talent is a challenge for companies that are not located in major tech hubs.