Search Results for: digital transformation

Digital transformation efforts yet to translate into greater productivity at many firms

Digital transformation efforts yet to translate into greater productivity at many firms

British and Irish firms are increasing their investment in digital transformation, according to Docusign’s Digital Maturity Report 2024, but this hasn’t yet translated into improved productivity or digital maturityBritish and Irish firms are increasing their investment in digital transformation, according to Docusign’s Digital Maturity Report 2024, but this hasn’t yet translated into improved productivity or digital maturity. The poll of 600 decision makers in the UK and Ireland, now in its second year, reveals what it claims is a ‘stark productivity and efficiency paradox’ for employers, as well as a Catch-22 for workers. More →

Has digital transformation led to an upsurge in workplace disinformation?

Has digital transformation led to an upsurge in workplace disinformation?

You don’t have to look far to find misinformation. Just a few weeks ago, amid the aftermath of the coup in Niger, online platforms were being inundated with false information, intensifying tensions surrounding the nation’s future. This included erroneous videos on TikTok and Twitter suggesting the presence of Wagner Group (Russian state-funded) fighters, false claims about Algeria’s military involvement, and inaccurate assertions about banning uranium export to France. More →

Digital transformation projects rarely meet aims and expectations

Digital transformation projects rarely meet aims and expectations

A graphic of a man's head to illustrate the nature of digital transformation for workersNew research published by Boston Consulting Group (BCG) claims that while 94 percent of companies have big aspirations to deliver substantial and rapid impact from digital transformation, and companies plan to increase investment in digital transformation in spite of global economic headwinds, the majority of these projects fail to achieve their objectives. More →

Corporate real estate firms lagging on digital transformation

Corporate real estate firms lagging on digital transformation

corporate real estate and digital transformationResistance to change and lack of resources are holding back real estate firms on digital transformation, a new report [registration] claims. The study involved more than 175 innovation leads in corporate real estate organisations at locations worldwide, including British Land, JLL, Cushman & Wakefield and Buro Happold. Authored by Swedish PropTech academic Olli Vigren, the report sets out to explain why the sector has fallen behind other industries in adopting new technology. More →

Digital transformation of small businesses could provide massive economic boost

Digital transformation of small businesses could provide massive economic boost

digital transformationThe new Digital Britain [automatic download] report from Sage claims that over half of Britain’s economic potential from tech adoption is as yet untapped. But ongoing concerns amongst small and medium sized business about cost, skills and knowledge are holding them back from taking on the digital transformation that will ensure their success and provide a massive boost to the economy. The report claims that the use of technology by small and medium businesses (SMBs) contributes £216 billion to the UK economy; but if SMBs unlock the full benefits of technology, this could add an extra £232 billion, boosting the value of tech use to the UK economy by almost double to £448 billion annually. More →

The digital transformation dilemma: UK employees want pandemic-era tech to stay

The digital transformation dilemma: UK employees want pandemic-era tech to stay

digital transformationAs the UK prepares to return to normal in the coming months and industries reopen, research from The Workforce Institute at UKG claims that as a result of the COVID-19 pandemic, 87 percent of UK workers have been propelled into the future of work by accelerating their digital transformation projects. Furthermore, 86 percent are enjoying the benefits of these new technologies, and 38 percent are fearful that their organisation will go back to the “old way” of doing things post-pandemic. More →

Employee buy-in crucial to digital transformation success

Employee buy-in crucial to digital transformation success

digitalFacilities management businesses are failing to keep their workforce at the heart of their digital transformations, leading to employee dissatisfaction and hindering the success of digitalisation initiatives, claims new research by Nexer, in partnership with applied futurist Tom Cheesewright. More →

Companies fail to consider employee needs during digital transformation

Companies fail to consider employee needs during digital transformation

digital transformationLenovo has published a new study which claims that organisations are placing business and shareholder goals above employee needs during their digital transformation. The research, conducted among 1,000 IT managers across EMEA, suggests that just 6 percent of IT managers consider users as their top priority when making technology investments. More →

The second wave of digital transformation after lockdown

The second wave of digital transformation after lockdown

The reimagining of business in the digital age to create new — or modify existing — business processes, culture, and customer experiences to meet changing business and market requirements has been happening at varying speed for decades. The coronavirus pandemic is impacting digital transformation in a range of ways. More →

Digital transformation becomes number one skills issue

Digital transformation becomes number one skills issue

Digital transformationOrganisations across Europe are facing a skills challenge caused by digital transformation, with many struggling to keep pace with learning and development (L&D) needs, claims research from Skillsoft. Carried out in the UK, France and Germany, the research suggests that reskilling in the face of changing and increasingly digital working environments is the biggest single issue for L&D professionals across all three countries (42 percent of respondents on average). More →

Cultural issues hold back digital transformation

Cultural issues hold back digital transformation

New research from Oracle and the WHU – Otto Beisheim School of Management claims that many organisations have invested in the right technologies to enjoy the benefits of digital transformation, but lack the culture, skills or behaviours necessary to reap them fully. According to the report (registration), business efficiency increases by two thirds when the right technology is implemented alongside seven key factors but only by a fifth when implemented without them.

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Digital transformation plans ignoring role of HR

Digital transformation plans ignoring role of HR

HR must enhance its reputation amongst senior management teams and business leaders if it is to take a leading role in driving the success of digital transformation projects, claims a new report from MHR. The poll of 250 business leaders at organisations with more than 1000 employees claims that just 5 percent of respondents felt the HR department should be the people to lead or manage a digital transformation project. The full results of the survey are explored in MHR’s report ‘Businesses are not ready to transform (but they don’t know that)… which was launched at the Festival of Work in London this week. More →