diginomica digital careers report - out of sector hires improving

As many organizations and industries reach the midway point in the financial year, two reports provide interesting reading on digital careers. Whether a digital leader or working for a digital leader, some intransigent challenges remain. There is positive news, but also early signs that despite all the artificial intelligence (AI) hype, technology budgets are being trimmed.

Starting with the good news, the 2024 CIO Pathways Report from executive search firm Eton Bridge in the UK has found that between 2022 and 2023, almost half of the CIOs recruited were taking the role for the first time in their careers. The same report also found an increase in hires from outside of the vertical market, with just over two-thirds of CIO placements being from outside of the organization and many from outside of the vertical market. Analyzing the results, Eton Bridge adds that this trend is reflected in CEO hires, where ...