Institutional and institutional barriers to the dilemma of industrial digital transformation

Mondo Technology Updated on 2024-01-29

Indeed, the digital transformation of industries faces many institutional and institutional barriers. These barriers can come from a variety of sources, including technical, policy, regulatory, and benefit distribution.

First of all, the development and application of new technologies may have an impact on traditional technology and industrial development concepts. New digital technologies, such as artificial intelligence, big data, and cloud computing, are changing the way traditional industries operate and posing challenges to traditional technologies and industrial development concepts. At the same time, the research and development and application of these new technologies require a lot of investment, which puts forward higher requirements for the financial and technical capabilities of enterprises.

Secondly, the cultivation and promotion of new products also face policy barriers. Since new products involve technological innovation and business model innovation, they need to adapt to new market environments and technological trends, so they may encounter policy restrictions and regulatory difficulties. In addition, the promotion and popularization of new products also require a lot of market investment and marketing strategies, which also requires enterprises to have corresponding funds and resources.

Thirdly, the diffusion of new business forms and the application of new models are also facing regulatory problems. With the deepening of digital transformation, new formats and models are emerging, such as sharing economy, education, intelligent manufacturing, etc. These new business formats and models may involve multiple fields and multiple regulatory authorities, and it is difficult to supervise. At the same time, new business formats and models may also involve issues such as privacy protection and information security, which require stricter supervision and regulation.

Finally, the adjustment of the pattern of interests may also become an obstacle to digital transformation. Digital transformation may involve adjustments to the organizational structure, business processes, and distribution of benefits within an enterprise. These adjustments may affect the interests of various departments and employees within the enterprise, and require enterprises to have a more open and inclusive mindset, as well as a more flexible and innovative organizational structure and business processes.

In order to overcome these institutional barriers, companies need to take a series of measures. First of all, it is necessary to strengthen technological research and development and innovation, and improve its own technical capabilities and competitiveness. Secondly, it is necessary to strengthen market research and marketing strategy formulation to improve the promotion and popularization efficiency of new products. Third, it is necessary to strengthen communication and cooperation with regulatory authorities and establish a more open and inclusive regulatory environment. Finally, it is necessary to strengthen the adjustment and optimization of the internal organizational structure and business processes of enterprises to improve the efficiency and success rate of digital transformation.

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