Businesses struggling to align company objectives and employee behavior with digital transformation efforts should read this report to learn about goal-setting methodologies, collaboration tools and best practices for implementing these platforms.

And Forbes isn't the only company where silos are a challenge to digital transformation. Three in 10 IT decision-makers polled by Vanson Bourne and SnapLogic said data silos are among the biggest challenges to companies undergoing digital transformation. In an Adobe and Econsultancy study of IT professionals, 42% said departmental silos were common digital transformation barriers.

For many companies, it is necessary to regularly update their digital strategies in order to stay competitive. But old tech systems can make this an onerous task.

Technology is the means to transformation, not an end in itself. Rigid internal structures impede many organizations' digital transformation efforts.

Businesses struggling to align company objectives and employee behavior with digital transformation efforts should read this report to learn about goal-setting methodologies, collaboration tools and best practices for implementing these platforms.

Some examples:. 44% of worldwide respondents to a Usabilla Q3 2018 survey cited lack of in-house talent or expertise as a main challenge preventing digital transformation in their organizations. 64% of worldwide respondents to an Edelman Intelligence and GE survey said lack of talent or inadequate skill sets restricted their company’s ability to innovate. 43% of marketing executives worldwide said lack

And challenges remain on the organizational front as companies continue their broader efforts toward digital transformation. To deliver an effective customer experience, marketers must first know who their customers and audiences are.

Small And Midsize FIs’ Innovation Challenges. The pandemic is making value-added digital user experiences an imperative for small and midsize FIs—but digital transformation is easier said than done. Evidence is growing that traditionally loyal customers of smaller FIs are increasingly dissatisfied with their providers’ digital offerings.

The Constellation Research study found internal resistance to change, lack of executive support and customer resistance were all challenges impeding digital transformation efforts. And in the same study, two-thirds of respondents cited changing the culture of the organization as one of the biggest areas of concern they face in their digital transformation efforts.

In a traditionally capital-intensive, thin-margin sector undergoing digital transformation, there’s never been great demand for enabling services. The challenge is that the leading RaaS provider just so happens to be merchants’ most formidable competitor: Amazon.

The biggest challenge cited was human in nature; 44% said they lacked the digital and data analytic skills to transform. More than one-third cited internal resistance to change while 29% blamed legacy processes. These same factors are often cited when companies are pressed for causes delaying digital transformation.

It will examine what early shifts were made, lessons learned and how companies should consider long-term digital transformation for a post-pandemic world. Not sure if your company subscribes? You can find out here.