Reaching true digital transformation is a problem for a lot of manufacturers and companies, most of which haven’t discovered that it requires greater than adopting trendy 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 have to be aligned—nonetheless, our analysis reveals that, for a lot of, this isn’t the case,” mentioned 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 objectives and foster a tradition of unity.”
Key findings embody:
- Thirty-seven p.c of expertise executives are educated on essential digital transformation subjects, 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 guide 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 obligatory coaching on essential subjects underlying digital transformation and enterprise success.
- Greater than half of enterprise homeowners and C-suite executives understand IT as merely a normal help operate and never a enterprise driver. The disconnect between expertise and enterprise objectives can lead to missed alternatives for innovation and development and wasted assets, in addition to issue in retaining expert expertise.
To assist organizations bridge the hole between expertise and enterprise, the report affords detailed options and assets for enhancing ongoing digital transformation, together with:
Clarifying the position of expertise within the enterprise
This entails growing a shared imaginative and prescient and strategic plan to stipulate how expertise is powering enterprise technique.
Creating obligatory digital and enterprise literacy applications
For senior leaders, programs needs to be particular to their wants and focus on assist workers develop new mindsets, behaviors and methods of working.
Connecting studying to implementation
Set up widespread objectives 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 objectives,” Loughlin mentioned. “Leaders have to be nicely ready to navigate digital transformation complexities by buying mandatory abilities, staying knowledgeable about business traits and studying from profitable corporations.”
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 expertise, digital, knowledge, product, human assets, expertise attraction and studying and growth roles.
