The Challenges of Digital Transformation

The benefits of a company going through a digital transformation are focused around improving operations, creating efficiencies, providing better customer engagement and improving team morale. All of this leads to more success. However, businesses also face certain difficulties in this journey, and understanding them is essential if you want to overcome them.In 2018 alone, over $1.3 trillion was spent on digital transformation worldwide.Of that, over $900 billion was wasted.For this necessary clarity, today, we’re focusing on these challenges to provide you with a stable foundation to overcome these difficulties and succeed.
The problem is with how companies roll out transformation
CoachHub statistics show that 75% of businesses fail to achieve what they want with their digital transformation efforts. These numbers are staggering, yet so many of these businesses fail to realize the core of this issue.It is rarely so much the technology or software that’s being introduced to the company, but rather the issues with people utilizing or accepting change coming from a lack of onboarding and attention to employee buy-in. Digital transformation should be used to hold the company accountable.Let’s say you invest and install an automated customer service management system. The software could be world-renowned, but if your staff isn’t trained, aren’t willing, or hold back from learning how to use it properly and efficiently, you’re not going to receive the intended results.
Employee adoption and behavioral changes
These are the main challenges businesses face when going through a digital transformation and what most companies overlook.It’s far too naive to start using new technology and operating methods and expect everyone to be onboard. You probably know someone in your business who’s been there for years and is known for being “stuck in their ways.”This kind of mindset among any or all your employees will inevitably cause problems with digital transformations, not necessarily the technology itself.There are, however, a few ways to overcome these challenges, but they all center around one point.
Empowering your people with digital transformation
This could include;
- Empowering their ability to adapt to new technologies
- Empowering their willingness to undergo change
- Empowering their enthusiasm toward new ways of working
- Empowering their ability to continuously grow and learn.
All of these, of course, ties in with your company culture.Employees will resist change if you’re not investing time in nurturing this kind of culture within your company. Additionally, if you don’t spend time portraying any positive changes at all levels of the organization, your employees won’t have tangible examples of how to manage and thrive in times of transformation.Giving people the impression that tech changes are happening due to poor performance, a company could create the image that people are going to be replaced with technology. Hurting worker morale is not what you want to do. It’s important to provide clear and concise information to all employees so they know what to expect and feel like they are part of the process.It’s all about perspective and approach.
Start defining your culture
While there’s an obvious cost consequence to failing a digital transformation of any degree, there are also plenty of other issues to consider. If you haven’t felt motivated to invest in your culture and collective company mindset, bear these issues in mind;
- Sunk organizational efforts that led to wasted investment and low morale
- Wasted time investments
- Successful competition increasing their market share
- Lower customer engagement
- Lowered efficiency & productivity
- Reduced innovation and development.
And this is just the tip of the iceberg.Instead of risking these consequences, spend time defining your company culture as open-minded, productive, and empowered. Coaching can help throughout the digital transformation process, so consider investing in business coaching for managers and employees throughout the company. Put the power in the hands of your people and give them opportunities to grow, scale, and better themselves, rather than trying to force them against their will to embrace change.
FAQ
At CoachHub, we believe in the power of aligning individual growth with organizational objectives. Our dedicated coaches work closely with coachees to ensure that their growth plans are directly linked to your company's overarching goals. This includes addressing specific leadership development needs within different departments or teams, and recognizing that each area may have unique challenges and requirements.
To achieve this alignment, we collaborate closely with our clients and their senior leaders, taking the time to understand their organization's specific challenges, objectives, and organizational culture well. By gaining deep insights into your company's dynamics, we can tailor coaching plans that address the specific needs of different teams and individuals.
Our approach is highly customized and adaptable. We recognize that each coachee has unique requirements, and we leverage our expertise to develop coaching plans that are relevant and effective for all participants, regardless of their role or level within the organization. Whether it's helping to develop leaders, retain talent, improve leadership skills of middle management, or support C-suite executives, our coaching programs are designed to cater to diverse needs and ensure maximum impact.
By aligning growth plans with your company's objectives, we create a cohesive approach that enhances overall organizational success. Our coaches help coachees identify areas for improvement, set meaningful goals, and develop actionable strategies to bridge the gap between their current competencies and the desired leadership abilities. This alignment not only facilitates personal and professional growth but also contributes to the long-term success of your organization.
With CoachHub, you can be confident that our coaching programs are tailored to address the specific leadership development efforts within your organization. By collaborating closely with our clients, we ensure that our coaching plans are relevant, effective, and aligned with your company's objectives, driving growth and excellence across all departments and levels.
At CoachHub, we understand the importance of scalability when it comes to your leadership development program. That's why our programs are thoughtfully designed to accommodate a large number of participants simultaneously, ensuring that organizations of all sizes can benefit from our services. Whether you have a small team or a global workforce, our coaching platform is equipped to handle the scale.
With our advanced digital coaching platform, we bring high-quality coaching directly to employees all over the world. The beauty of our online sessions is that participants can access them from anywhere, at any time. This flexibility empowers employees to engage in coaching without geographical constraints or time zone limitations. Whether they're working from home, traveling for business, or stationed in a different country, our platform ensures that they can easily connect with their coach and participate in sessions at their convenience.
The digital nature of our coaching platform also means that participants can enjoy a consistent and seamless coaching experience, regardless of their location. Through video calls, instant messaging, and other interactive tools, our platform fosters a sense of connection and engagement between the coaches and participants. This virtual environment not only saves time and resources but also allows for regular and ongoing coaching support without the need for in-person meetings.
By leveraging the power of technology, our scalable coaching programs break down barriers and provide accessible coaching solutions to organizations and individuals around the globe. Whether it's a small team or a multinational corporation, our platform ensures that every participant can benefit from high-quality coaching, anytime and anywhere.
Absolutely! CoachHub's leadership development program is designed to seamlessly integrate with your existing talent development and performance management initiatives. We understand that every company has its own unique needs and goals, and that's why our coaching sessions are completely tailored to meet those requirements. Whether you're looking to strengthen leadership skills, foster personal growth, or achieve organizational success, our program aligns perfectly with your company's specific objectives.
By customizing our coaching sessions, we ensure that each individual receives the guidance and support they need to thrive. We take the time to understand their strengths, challenges, and aspirations, and then craft a coaching experience that caters to their personal growth journey. This way, we can provide targeted development opportunities that directly contribute to their success within your organization.
When you integrate our program with your leadership development efforts and performance management initiatives, you create a powerful synergy. Our tailored approach complements and reinforces your existing efforts, allowing you to build a comprehensive framework for maximizing the potential of your workforce. Together, we can create an environment where employees are motivated, empowered, and equipped with the skills they need to excel.
So, rest assured that with CoachHub's leadership development program, you can easily integrate coaching into your existing initiatives and achieve remarkable results that align with your company's requirements.