Today we will be discussing the top challenges that large enterprises born before the digital age or in the digital age are facing during digital transformation.

Out of 1,000 business decision-makers, 98% agree the delivery of digital services is critical to a successful company, but 95% encounter challenges when trying to do so, according to a report digital performance survey 2018 from Riverbed. Companies are aware of the increasing importance of a successful digital experience. Survey respondents reported that this success is measured by improved user experience and satisfaction (53%), greater market agility (49%), increased revenue and profitability (49%), increased employee productivity (49%), and faster time to market (48%).

According to the survey five most significant barriers when working towards a better digital strategy are:

1. Budget Constraints (51%)
2. Overly complex or rigid legacy IT infrastructure (45%)
3. Lack of full visibility across the digital or end-user experience (40%)
4. Lack of available or appropriately-skilled personnel (39%)
5. Lack of buy-in from leadership on prioritizing digital initiatives (37%)

In another survey sponsored by Jabil, they asked 300 technology and business stakeholders working at manufacturing companies of all sizes around the world a series of critical questions and their findings categories into different segment based on company size,

You’ll Learn:
In this session, we will be covering few challenges being faced during the digital transformation program.

1. ‘Blind’ Challenge
2. No consensus on what digital transformation means
3. No CEO sponsorship
4. Lack of focus
5. Resistance to change
6. Lack of pace
7. Talent Gap
8. Lack of continuity

Resources:

• Open Tech Talk Sessions on Digital Transformation:
  • 40-“What is digital transformation? Learning the basics”
  • 41-Why Digital Transformation is required?
  • 42-What are the benefits of Digital Transformation?
  • 43-How do you a start Digital Transformation
  • 44-What other Organization are doing to achieve digital transformation
• Top 5 Digital Transformation Challenges (and How to Overcome Them)
• New Survey Highlights Leadership Crisis in Digital Transformation
• A CEO guide for avoiding the ten traps that derail digital transformations
• Navigating uncertainty
• Changing change management
• EMBRACING DIGITAL TECHNOLOGY
• The Digital Talent Gap
• Motivate Employees to Reskill for the Digital Age

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