Enter the Chief Technology Officer (CTO) – a figure responsible for guiding organisations to bridge the gap between innovation and practical application. At Heidrick & Struggles, we have already conducted three times more CTO placements in Southeast Asia from the previous year, a clear sign of the growing demand for such all-rounder technology leaders.
Amid the global artificial intelligence (AI) surge, Singapore's ambitions to become a leading regional AI hub are quickly gaining momentum. Businesses in the nation now boast the highest rate of generative AI adoption worldwide (59%), beating the global average of 45%.
As organisations hope to catch the next technological trend, many companies find it challenging to fully integrate these technologies into their operations. A recent Deloitte survey found that 68% of respondents revealed that their organisations have moved fewer than 30% of generative AI projects into full-scale production – driving home the need for strong, visionary technology leadership to ensure that these solutions work in harmony.
