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Episode Info: The biggest roadblock in digital transformation is the culture and it’s a problem that’s worsening, no strategy is working at all.  A report published by Capgemini “The Digital Culture Challenge” during 2018 states that In 2011, a majority of respondents (55%) said that culture was the number one hurdle to digital transformation but in their latest research, this figure has actually risen to 62%. This report is based on the survey of Capgemini Digital Transformation Institute, Digital Culture; March-April 2017. Tons of other organizations have gathered research that supports it. Lets look into another report from PwC. According to research by PwC, a whopping 75% of change initiatives will fail due to a lack of digital culture.  Digital transformation, digital maturity or digitization? No matter what term is used, digital is revolutionizing the way businesses operate and succeed. In fact, a third of key decision makers according to Mckinsey state that culture is the most significant barrier to digital effectiveness followed by a lack of understanding of digital trends (25%). In previous sessions on digital transformation series we have covered “What are the challenges in Digital Transformation” and in part 2 of the digital transformation challenges, we have covered in post “how to Overcome Digital Transformation Challenges” and this post is all about culture, what is the impact of culture in digital transformation programs. You’ll Learn:In this session we will be covering cultural challenges and how to overcome them during digital transformation program. Industry stats on cultural challengeswhat is digital culture How to overcome themResources: Open Tech Talk Sessions on Digital Transformation:39-“What is digital transformation? Learning the basics”40-Why Digital Transformation is required? 41-What are the benefits of Digital Transformation?42-How do you a start Digital Transformation43-What other Organization are doing to achieve digital transformation44-What are the challenges in Digital Transformation 45- How to Overcome Digital Transformation ChallengesCulture as Key Success Factor in Industrial Digital Transformation” by Russell Reynolds Netflix CEO Reed Hastings once explained in a famous presentation that his company’s cultureCulture for Digital ageculture change initiatives by GartnerSix Barriers to Becoming a Digital BusinessCultural Transformation in the Digital World “The Digital Culture Challenge” by CapgeminiTo share your thoughts: Leave a comment on the section below on this postYou want to suggest any new topic we should cover in future PodcastJoin us in Mastermind tribeShare this on Twitter, Facebook, If you enjoyed this episode and we together are learning new Technologies.To help out this initiative: Leave a candid review for the OTechTalks Podcast on iTunes! Your ratings and reviews will help the session on iTunes.Subscribe to the Podcast on iTunes to get nex...
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