A number of reasons could lead to the lost of momentum of digital transformation initiatives in global companies, as of 2020. Most of these factors, such as a lack of clarity on transformation strategy, are within companies' near- to medium-term control. Some other factors like significant distruption in market and/or business environment are beyond organizations' control.
Factors that stalled digital transformation initiatives in global companies as of 2020
Characteristic
Share of respondents
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McKinsey & Company. (March 6, 2020). Factors that stalled digital transformation initiatives in global companies as of 2020 [Graph]. In Statista. Retrieved August 25, 2024, from https://www.statista.com/statistics/1133421/factors-that-stalled-digital-progress/
McKinsey & Company. "Factors that stalled digital transformation initiatives in global companies as of 2020." Chart. March 6, 2020. Statista. Accessed August 25, 2024. https://www.statista.com/statistics/1133421/factors-that-stalled-digital-progress/
McKinsey & Company. (2020). Factors that stalled digital transformation initiatives in global companies as of 2020. Statista. Statista Inc.. Accessed: August 25, 2024. https://www.statista.com/statistics/1133421/factors-that-stalled-digital-progress/
McKinsey & Company. "Factors That Stalled Digital Transformation Initiatives in Global Companies as of 2020." Statista, Statista Inc., 6 Mar 2020, https://www.statista.com/statistics/1133421/factors-that-stalled-digital-progress/
McKinsey & Company, Factors that stalled digital transformation initiatives in global companies as of 2020 Statista, https://www.statista.com/statistics/1133421/factors-that-stalled-digital-progress/ (last visited August 25, 2024)
Factors that stalled digital transformation initiatives in global companies as of 2020 [Graph], McKinsey & Company, March 6, 2020. [Online]. Available: https://www.statista.com/statistics/1133421/factors-that-stalled-digital-progress/