What are the biggest barriers to rapid digital transformation? Latter is essential in the current volatile, global and connected market. Read on to learn!
Outdated data
As a consequence time consuming analyses, slow decision making and the inability to accurately measure progress on digital initiatives.
Strategy and Execution are not connected
Difficulties with translating strategy to employees’ daily work on an organization-wide, cross-functional scale. Moreover, with strict budgets and plans the inability to innovate, change and effective execution.
Trouble working across silos
Product teams must collaborate with the PMO and enterprise architects. Failure to execute on a company wide level can lead to conflicting priorities and market delays.
Inability to experiment quickly
Challenges also arise when companies manage innovations through extremely manual and slow processes that can prevent the right products, services, and ideas from getting to market at the right time.
Manual portfolio analysis
With limited insight into prioritization and potential ROI in the entire portfolio, companies make inefficient investment decisions.
Legacy systems
outdated inadequate technologies to realize digital transformation will lead to difficulties with understanding the linkages between strategies, outcomes, work, financials, and resources.
Internal culture
Employees often are not empowered to use methodologies best suited for work, which is essential in today’s global and connected work
These seven barriers are the usual suspects when a digital transformation flounders. Read the original article here, and download the digital transformation at speed ebook here.