70% OF DIGITAL TRANSFORMATIONS FAIL
Why Digital Transformation Fails
Out of the $1.3 Trillion total spend on Digital Transformation in Business, $900B was estimated to go to waste for the following reasons:
(1) Source: Forbes, 2018
of employee engagement
for using tools.
The key to a successful digital transformation is changing the culture of the organization’s workforce to think and work digitally.
DIGITAL TRANSFORMATIONS ARE ABOUT PEOPLE, NOT TOOLS
Digital Transformations are:
to be successful, when people
in key roles are involved.
to be successful, when senior
managers foster a sense of
urgency for making DT changes.
to be successful, when management
established a clear story (or mission)
for the DT.