Digital transformation obstacles: Stubborn challenges, what to do about them

Value Stream Management is an increasingly essential approach to strategic transformation initiatives. To help teams more fully capitalize on the opportunities it presents, Broadcom is holding its third annual VSM Summit. Credit: Broadcom The transformation imperatives In recent years, global enterprises have gone through tectonic shifts, responding to massive changes in their societal, competitive, and geopolitical realities. These trends have had many consequences, but they’ve all served to intensify a key imperative: rapid digital transformation. While progress has been made, many organizations still have a lot of work to do—and many obstacles to overcome. The challenge Too often, teams are seeing that their transformation initiatives are being stalled. While it is natural to think the problem is due to a lack of funding, staffing, and so on, this isn’t necessarily the cause. In fact, adding more people or tools may do little if anything to enable organizations to make significant progress. Why? The core issue typically isn’t a lack of resources; it’s a lack of alignment between the teams and tools that are already in place. For example, a recent survey found that more than two-thirds (68%) of respondents said their businesses continued to be plagued by a long-standing […]

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