Digital transformation obstacles: Stubborn challenges, what to do about them
The
transformation
imperatives
In
recent
years,
global
enterprises
have
gone
through
tectonic
shifts,
responding
to
massive
changes
in
their
societal,
competitive,
and
geopolitical
realities.
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
issue:
the
disconnect
between
software
development
and
business
strategy.
(The
findings
from
this
survey
are
now
available
in
a
report,
which
is
entitled 2023
Value
Stream
Management
Trends.)
Often,
adding
more
people
or
technologies
doesn’t
solve
these
problems—it
exacerbates
them.
The
promise
of
Value
Stream
Management
As
teams
look
to
fuel
the
success
of
their
strategic
transformation
initiatives,
Value
Stream
Management
(VSM)
is
emerging
as
an
increasingly
essential
approach.
VSM
has
the
potential
to
eliminate
many
of
the
most
significant
obstacles
that
currently
stifle
digital
transformation.
That’s
one
major
reason
why
it’s
been
gaining
such
widespread
traction:
According
to
the
same
survey,
86%
of
organizations
have
adopted
VSM
or
plan
to.
Through
VSM,
teams
can
be
more
fully
aligned
with
the
needs
of
the
customer,
and
maximize
the
value
that
gets
delivered.
Announcing
the
2023
Value
Stream
Management
Summit
While
the
benefits
of
VSM
are
enormous,
that
doesn’t
mean
they’re
guaranteed.
To
help
teams
more
fully
capitalize
on
the
opportunities
presented
by
VSM,
Broadcom
is
holding
its
third
annual
VSM
Summit.
Here
are
just
a
few
highlights
you
can
expect
from
this
year’s
event:
-
Industry
analyst
shares
latest
VSM
trends
and
insights.
Forrester
analyst
Chris
Condo
will
share
some
of
his
firm’s
latest
findings
in
terms
of
market
trends
and
show
how
teams
can
leverage
VSM
data
to
tackle
their
top
transformation
challenges. -
Transformation
leaders
share
what’s
worked
for
them.
Executives
from
The
Hartford,
HCSC,
Memorial
Sloan
Kettering,
and
Tyson
Foods
will
discuss
some
of
the
specific
approaches
and
strategies
that
helped
propel
their
success. -
Broadcom
executives
to
share
key
solution
advantages.
Senior
management
from
Broadcom
will
reveal
how
optimized
value
streams
can
help
your
teams
maximize
visibility,
alignment,
trust,
and
value.
________________________________________________________________
Whether
you’re
just
about
to
embark
on
your
VSM
journey
or
you’re
looking
for
ways
to
get
the
most
out
of
your
initiatives,
this
event
will
provide
a
lot
of
insights
and
value.
To
learn
more
and
register,
be
sure
to
visit
our
VSM
Summit
page.
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