The lack of clear strategic objectives and practice path， unified transformation cognition and coherent transformation strategy are still the obstacles faced by most enterprises in digital transformation practice. Based on this，with the data of listed manufacturing companies in China， it analyzed the impact of subjective initiative at the organizational level on solving the dilemma of digital transformation from the perspective of TMT stability. The results show that TMT stability has a significant positive impact on enterprise digital transformation； the technical familiarity of TMT positively moderates the relationship between TMT stability and digital transformation； the ownership concentration of enterprises negatively moderates the relationship between TMT stability and digital transformation；and with the increase of ownership concentration， the enhancing effect of technology familiarity on TMT stability and digital transformation is weakened. The conclusions not only deepen the cognition about the influence of TMT stability on enterprise decision-making， but also provide guidance for the practice of digital transformation of micro enterprises.