Digital transformation benefits clear, but execution slow: Capgemini Consulting

More than half of 1500 respondents admit their organisation’s technology momentum is slow

According to a study by Capgemini Consulting and MIT Sloan Management Review, 63 per cent of the 1500 participating executives claim the pace of technology change within their organisations is too slow.

This is despite the fact that 78 per cent expect digital transformation to be critical to their operations and business within the next two years, with 81 per cent of those pursuing it foreseeing competitive advantage at the end of the tunnel.

In this case, digital transformation refers to the opportunities presented by the convergence of new digital technologies, including social media, mobile, analytics, and embedded devices.

Capgemini claims the results of the ‘Embracing Digital Technology: A New Strategic Imperative’ research indicate the necessity for C-level leadership.

“There is a clear call to action here for business leaders,” Capgemini global practices senior vice-president, Didier Bonnet, said.

“The C-suite plays a critical role in making digital transformation happen as only it is in a position to overcome some of the major hurdles, such as developing and communicating a vision, and governing the change across functional silos.”

Although Bonnet claims the only “wrong move when it comes to digital transformation is not to make any move at all,” Capgemini said the components of execution are: engaging the organisation; getting leadership aligned and committed to digital transformation; making the case for digital transformation; putting the right governance structures in place.

These are key to correlation; only 36 per cent of leaders claim to have shared a vision for transformation with their employees, and within this figure, 93 per cent of employees support the move.

The 1500 participants in the study represented 106 countries. Thirty-seven per cent of respondents represented the US, 11 per cent India, five per cent Canada, and four per cent the UK. Australia, along with Brazil and Mexico, accounted for three per cent each. A statement outlines that the organisations included a wide range of industries, as well as the full business spectrum.

More about: MIT, Technology
Comments are now closed.
Related Coverage
Related Whitepapers
Latest Stories
Community Comments
Tags: survey, executive, Capgemini Consulting, digital transformation, research, C-level
Get exclusive access to ARN's news, research and invitation only events.
ARN Distributor Directory
ARN Vendor Directory
Microsites

iAsset is a channel management ecosystem that automates all major aspects of the entire sales,marketing and service process, including data tracking, integrated learning, knowledge management and product lifecycle management.

 

Latest News

02:26PM
Splunk exec defects to tech disruptor Elasticsearch
12:48PM
JCurve acquisition to boost telco play following $A2.5m capital raising
11:16AM
Vodafone tackles FIFA World Cup with $5 roaming in Brazil
10:47AM
Kim Dotcom says he's set to get assets back
More News
24 Apr
The China Healthcare ICT Conference 2014
05 May
CeBIT Australia 2014
06 May
Oracle Day 2014 - Across 2 Cities
06 May
Oracle Day 2014 - Across 2 Cities
View all events