Reflections on digital transformation
The five biggest obstacles to digital transformation
The biggest bottleneck for companies is the lack of available budget and resources.
Many entrepreneurs have the resources to change but don’t know where to begin. Businesses need their own digital strategy.
Transformation brings uncertainties and risks. Some companies delay digital changes because they are worried about data leaks, breaching privacy regulations and cyber attacks.
LACK OF SENIOR MANAGEMENT SUPPORT
Decision makers must take responsibility for digital transformation and many boardrooms are holding up the process.
IMMATURE DIGITAL CULTURE
Some companies have limited exposure to digitalisation and that can be an obstacle to further transformation. They need better internal alignment and cooperation.
DIGITALISATION: KEY FACTS
The number of chief digital officers doubles every year
By 2020, 26 billion pieces of equipment will be linked digitally
40 percent of finance department work can now be fully automated
Two in five
Just over 40 percent of companies have their own digital transformation team
BEHIND THE TIMES
Why is the Netherlands trailing the rest of the world?