Attaining 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 fashionable applied sciences. New analysis from software program engineering agency EPAM Programs uncovers a significant transformation impediment—the enterprise and tech leaders of laggard corporations 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, expertise and expertise consulting observe of EPAM Programs, explores this breakdown between enterprise and expertise in these corporations, whereas detailing key methods for profitable transformation.
“As a way to efficiently execute digital transformation, enterprise leaders and IT should be aligned—nonetheless, our analysis exhibits that, for a lot of, this isn’t the case,” stated Sandra Loughlin, Ph.D., chief studying scientist and head of Consumer 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 sources and dealing collectively in new methods to attain shared targets and foster a tradition of unity.”
Key findings embody:
- Thirty-seven p.c of expertise 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 abilities. To drive profitable digital transformation, senior leaders should perceive the totality of the enterprise, inclusive of expertise, and develop technical {and professional} capabilities to steer their corporations ahead.
- Seventy-nine p.c of leaders surveyed agreed that the enterprise doesn’t communicate expertise and expertise doesn’t communicate enterprise. The survey revealed solely 4 in 10 organizations had necessary coaching on important matters underlying digital transformation and enterprise success.
- Greater than half of enterprise house owners and C-suite executives understand IT as merely a basic help operate and never a enterprise driver. The disconnect between expertise and enterprise targets may end up in missed alternatives for innovation and progress and wasted sources, in addition to problem in retaining expert expertise.
To assist organizations bridge the hole between expertise and enterprise, the report presents detailed strategies and sources for enhancing ongoing digital transformation, together with:
Clarifying the position of expertise within the enterprise
This includes creating a shared imaginative and prescient and strategic plan to stipulate how expertise is powering enterprise technique.
Creating necessary digital and enterprise literacy packages
For senior leaders, programs ought to be particular to their wants and focus on how one can assist workers 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 answer for profitable digital transformation since every group has its personal distinctive tradition and targets,” Loughlin stated. “Leaders should be effectively ready to navigate digital transformation complexities by buying needed abilities, staying knowledgeable about business tendencies and studying from profitable corporations.”
Obtain the total 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 expertise, digital, knowledge, product, human sources, expertise attraction and studying and improvement roles.