Reaching true digital transformation is a problem for a lot of manufacturers and companies, most of which haven’t found out that it requires greater than adopting trendy applied sciences. New analysis from software program engineering agency EPAM Methods uncovers a significant transformation impediment—the enterprise and tech leaders of laggard firms aren’t on the identical web page.
The brand new report, Three Methods Leaders Impede Their Firm’s Digital Transformation, simply launched by EPAM Continuum, the built-in technique, know-how and expertise consulting follow of EPAM Methods, explores this breakdown between enterprise and know-how in these firms, whereas detailing key methods for profitable transformation.
“With a view to efficiently execute digital transformation, enterprise leaders and IT should be aligned—nevertheless, our analysis reveals that, for a lot of, this isn’t the case,” stated Sandra Loughlin, Ph.D., chief studying scientist and head of Shopper Studying and Expertise Enablement at EPAM, in a information launch. “True transformation begins on the prime with executives and senior leaders committing wholeheartedly to investing in new capabilities, aligning assets and dealing collectively in new methods to realize shared targets and foster a tradition of unity.”
Key findings embrace:
- Thirty-seven p.c of know-how executives are educated on important digital transformation matters, together with AI, machine studying and cloud migration—however solely 10 p.c of enterprise executives have these expertise. To drive profitable digital transformation, senior leaders should perceive the totality of the enterprise, inclusive of know-how, and develop technical {and professional} capabilities to steer their firms ahead.
- Seventy-nine p.c of leaders surveyed agreed that the enterprise doesn’t converse know-how and know-how doesn’t converse enterprise. The survey revealed solely 4 in 10 organizations had obligatory coaching on important matters underlying digital transformation and enterprise success.
- Greater than half of enterprise homeowners and C-suite executives understand IT as merely a common help operate and never a enterprise driver. The disconnect between know-how and enterprise targets may end up in missed alternatives for innovation and progress and wasted assets, in addition to issue in retaining expert expertise.
To assist organizations bridge the hole between know-how and enterprise, the report affords detailed solutions and assets for bettering ongoing digital transformation, together with:
Clarifying the position of know-how within the enterprise
This entails growing a shared imaginative and prescient and strategic plan to stipulate how know-how is powering enterprise technique.
Creating obligatory digital and enterprise literacy packages
For senior leaders, programs needs to be particular to their wants and talk about find out how to assist staff develop new mindsets, behaviors and methods of working.
Connecting studying to implementation
Set up widespread targets and shared accountability for digital transformation by planning for every space of the group and aligning operations.
“There may be not a one-size-fits-all resolution for profitable digital transformation since every group has its personal distinctive tradition and targets,” Loughlin stated. “Leaders should be nicely ready to navigate digital transformation complexities by buying crucial expertise, staying knowledgeable about trade traits and studying from profitable firms.”
Obtain the complete report right here.
To know the place enterprise leaders stand with digital transformation throughout industries worldwide, the examine surveyed greater than 900 senior executives from know-how, digital, knowledge, product, human assets, expertise attraction and studying and improvement roles.
