Transcript
Page 1: Embracing Digital Technology: A New Strategic Imperative

Legacy technology: Limitations of IT systems ranked third on the list of significant organizational barriers to digital transformation

Making a case forDigital Transformation

For Beginners, 61% of companies do not

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Only 32% Digirati companies do not

Lack Of Urgencysay lack of urgencyis the single biggestobstacle

The Vision thingsay senior leaders share a vision

Picking a Direction:Companies lack a clear roadmap

think leadershiphas a roadmap

The Trouble with digital transformation

3 Executing the change

Only half of companies surveyedsaid they create business cases

Merely 25% have established KPIs

This report has been developed by the Sloan Management Review and Capgemini Consulting

Incentives help easeemployee concerns aboutDigital Transformation

#digitaltransformation

Embracing Digital TechnologyA New Strategic Imperative

1 Leadership: Defining the agenda

tie rewards to digital transformation efforts

connect digital transformation to incentives

of Digirati, and40%

of non-digirati25 %

2 Institutional challenges

Companies where leadership is not focused on digital transformation

Only 37%

their competitivenesswould improve

Only 18% believe

The study – involving over1,500 executives in 106 countries

of people saidthe pace of technologychange in their organizationsis too slow

project a grim,46%

Despite acknowledging the digital imperative, few companies are responding

said that

Acknowledgement Action

say digital transformation will become critical totheir organizations within the next 2 years

Where Digital Transformation is a permanent fixture on the executive agenda

81% of people believe it will givetheir company a competitive advantage

digital transformationwas a permanent fixtureon their CEO’s agenda

The Digital Imperative

less competitive future

78%

64%

40% 36%

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