catalytic.com · 1-844-787-4268 The urgency of digital transformationMcKinsey names urgency as a top challenge businesses face while undergoing a digital transformation. But why is establishing a sense of urgency so problematic? Digital transformation initiatives can stall for a variety of reasons. 1. It’s often a challenge to justify the financial investment. And, as each company’s transformation involves a unique set of processes, technologies and timeframes, it’s difficult to set ROI expectations. 2. Digital transformation requires new tech resources and re-skilling many existing employees. It can be daunting to develop the right talent strategy to carry it out successfully. 3. Some companies or individual leaders often feel their business model or product/service can’t be

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