Attaining 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 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.

“As a way to efficiently execute digital transformation, enterprise leaders and IT have to be aligned—nonetheless, our analysis exhibits 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 high 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 % of know-how executives are educated on vital digital transformation matters, together with AI, machine studying and cloud migration—however solely 10 % of enterprise executives have these abilities. 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 % of leaders surveyed agreed that the enterprise doesn’t communicate know-how and know-how doesn’t communicate enterprise. The survey revealed solely 4 in 10 organizations had necessary coaching on vital matters underlying digital transformation and enterprise success. 
• Greater than half of enterprise house owners and C-suite executives understand IT as merely a basic assist 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 problem in retaining expert expertise. 

To assist organizations bridge the hole between know-how and enterprise, the report gives detailed solutions and assets for enhancing ongoing digital transformation, together with:

Clarifying the function 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 necessary digital and enterprise literacy applications

For senior leaders, programs ought to be particular to their wants and focus on methods 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 mentioned. “Leaders have to be nicely ready to navigate digital transformation complexities by buying crucial abilities, staying knowledgeable about trade traits and studying from profitable firms.”

Obtain the total report right here.

To grasp the place enterprise leaders stand with digital transformation throughout industries worldwide, the research surveyed greater than 900 senior executives from know-how, digital, knowledge, product, human assets, expertise attraction and studying and growth roles.