Why Digital Transformations Fail

# Why Digital Transformations Fail: A Deep Dive into Common Pitfalls

Digital transformation is the buzzword of the decade. Businesses across every sector are investing heavily in modernizing their operations, integrating new technologies, and reshaping their customer experiences. Yet, a startling number of these initiatives fail to deliver on their promises. This isn't simply about a lack of funding; it's a multifaceted problem rooted in strategic miscalculations, execution challenges, and a lack of understanding of the human element. This post delves into the key reasons why digital transformations fail, offering actionable insights to improve your chances of success.

1. Lack of a Clear Vision and Strategy

This is arguably the most common reason for digital transformation failure. Many organizations jump into the deep end, adopting new technologies without a clearly defined roadmap or understanding of their long-term goals. A successful digital transformation requires a comprehensive strategy outlining:

Business objectives: What specific business problems are you trying to solve with this transformation? Increased efficiency? Improved customer satisfaction? New revenue streams? These objectives must be measurable and clearly articulated.
Technology roadmap: Which technologies will you implement, and how will they integrate with your existing systems? This requires careful planning and consideration of potential compatibility issues.
Implementation plan: How will the transformation be rolled out? What resources are needed? What are the key milestones and deadlines? A detailed plan is crucial for staying on track.
Risk assessment: What are the potential risks and challenges? How will you mitigate them? Proactive risk management is key to avoiding costly setbacks.

Failing to Define Success Metrics

Without concrete, measurable success metrics, it's impossible to gauge the effectiveness of your digital transformation. Are you tracking key performance indicators (KPIs) that align with your business objectives? Without this, you'll be left wondering whether your efforts are actually paying off.

2. Inadequate Change Management

Digital transformation is not just about technology; it's about people. Organizations often underestimate the importance of change management, failing to adequately prepare their employees for the transition. Resistance to change can derail even the best-planned initiatives.

Resistance to Change & Lack of Employee Buy-in

Employees are often hesitant to embrace new technologies and processes, especially if they feel their jobs are at risk. Effective change management requires:

Communication: Keeping employees informed throughout the process is vital. Transparency builds trust and reduces anxiety.
Training: Providing adequate training and support ensures employees feel confident using new technologies and processes.
Incentives: Rewarding employees for their participation and contributions can encourage buy-in and promote a positive attitude towards the transformation.

3. Underestimating the Complexity of Integration

Integrating new technologies with existing systems can be far more challenging than anticipated. Legacy systems, incompatible software, and data silos can create significant hurdles. Failing to adequately address these integration challenges can lead to delays, cost overruns, and ultimately, failure.

Data Migration Challenges

Migrating data from old systems to new ones is often a complex and time-consuming process. Data loss, corruption, and incompatibility issues can have devastating consequences. Careful planning and execution are crucial for a smooth data migration.

4. Lack of Skilled Resources

Digital transformation requires a skilled workforce with the expertise to implement and manage new technologies. Many organizations lack the necessary talent, leading to delays, errors, and ultimately, failure.

Skills Gap & Talent Acquisition

Addressing the skills gap requires proactive recruitment and training initiatives. Organizations need to invest in upskilling their existing workforce and attracting new talent with the required expertise.

5. Insufficient Funding and Resources

Digital transformation is an expensive undertaking. Organizations often underestimate the total cost, leading to insufficient funding and resource constraints. This can result in compromises on quality, delays, and ultimately, failure.

Budgeting and Resource Allocation

Accurate budgeting and effective resource allocation are crucial for the success of a digital transformation. A detailed cost analysis should be conducted upfront, considering all potential expenses, including technology, personnel, training, and consulting fees.

Conclusion

Digital transformation is a complex and challenging undertaking, but with careful planning, execution, and a deep understanding of the human element, organizations can significantly increase their chances of success. By addressing the key pitfalls outlined in this post – lack of clear vision, inadequate change management, integration complexities, lack of skilled resources, and insufficient funding – businesses can pave the way for a truly transformative experience. Remember that digital transformation is a journey, not a destination, and continuous adaptation and improvement are essential for long-term success.

FAQs

1. What is the most common reason for digital transformation failure? The most frequent cause is a lack of a clear vision and strategy, leading to disjointed efforts and unclear objectives.

2. How can I improve change management during a digital transformation? Focus on clear communication, comprehensive training, and incentives to foster employee buy-in and reduce resistance.

3. How can I mitigate integration challenges during a digital transformation? Thorough planning, skilled integration teams, and a phased approach to integrating new technologies with existing systems are vital.

4. What is the role of skilled resources in a successful digital transformation? Skilled professionals are essential for efficient implementation, troubleshooting, and ongoing support of the new technologies and processes.

5. How can I ensure sufficient funding for my digital transformation project? Conduct a comprehensive cost analysis upfront, secure executive buy-in, and explore different funding options to secure adequate resources.


  why digital transformations fail: Why Digital Transformations Fail Tony Saldanha, 2019-07-23 Former Procter & Gamble Vice President for IT and Shared Services, Tony Saldanha gives you the keys to a successful digital transformation: a proven five-stage model and a disciplined process for executing it. Digital transformation is more important than ever now that we're in the Fourth Industrial Revolution, where the lines between the physical, digital, and biological worlds are becoming ever more blurred. But fully 70 percent of digital transformations fail. Why? Tony Saldanha, a globally awarded industry thought-leader who led operations around the world and major digital changes at Procter & Gamble, discovered it's not due to innovation or technological problems. Rather, the devil is in the details: a lack of clear goals and a disciplined process for achieving them. In this book, Saldanha lays out a five-stage process for moving from digitally automating processes here and there to making digital technology the very backbone of your company. For each of these five stages, Saldanha describes two associated disciplines vital to the success of that stage and a checklist of questions to keep you on track. You want to disrupt before you are disrupted--be the next Netflix, not the next Blockbuster. Using dozens of case studies and his own considerable experience, Saldanha shows how digital transformation can be made routinely successful, and instead of representing an existential threat, it will become the opportunity of a lifetime.
  why digital transformations fail: Summary of Tony Saldanha's Why Digital Transformations Fail Everest Media,, 2022-04-03T22:59:00Z Please note: This is a companion version & not the original book. Sample Book Insights: #1 The retail sector, along with several other industries, is being disrupted by digital technology. It allows workers to migrate to higher value-added responsibilities, and it can free up people to do things they wouldn’t normally do. #2 The goal of this book is to help you understand why digital transformations fail as a means to a more important end, which is how to thrive in an industrial revolution. You will learn how companies either transform or die in industrial revolutions, and how digital transformation is the current generation’s attempt to transform. #3 The current turbulence in retail and other industries is a classic trend during an industrial revolution. Companies die during industrial revolutions, and their demise often occurs despite the best efforts of visionary leaders to transform them. #4 Digital transformation is the modern-day fight to survive the existential threat of digital disruption caused by the Fourth Industrial Revolution. Half the companies on the Fortune 500 list will turn over in the next decade.
  why digital transformations fail: Why Digital Transformations Fail Tony Saldanha, 2019 Digital transformation is more important than ever now that weare in the Fourth Industrial Revolution, where the lines between the physical, digital, and biological worlds are becoming ever more blurred. But fully 70 percent of digital transformations fail. Why? Tony Saldanha discovered that it is not due to innovation or technological problems. Rather, the devil is in the details: a lack of clear goals and a disciplined process for achieving them. In this book, Saldanha lays out a five-stage process for moving from digitally automating processes here and there to making digital technology the very backbone of your company. For each of these five stages, Saldanha describes two associated disciplines vital to the success of that stage and a checklist of questions to keep you on track. You want to disrupt before you are disrupted, be the next Netflix, not the next Blockbuster. Using dozens of case studies and his own considerable experience, Saldanha shows how digital transformation can be made routinely successful, and instead of representing an existential threat, it will become the opportunity of a lifetime.
  why digital transformations fail: Leading Change John P. Kotter, 2012 From the ill-fated dot-com bubble to unprecedented merger and acquisition activity to scandal, greed, and, ultimately, recession -- we've learned that widespread and difficult change is no longer the exception. By outlining the process organizations have used to achieve transformational goals and by identifying where and how even top performers derail during the change process, Kotter provides a practical resource for leaders and managers charged with making change initiatives work.
  why digital transformations fail: Why Digital Transformations Fail Tony Saldanha, 2019 Digital transformation is more important than ever now that weare in the Fourth Industrial Revolution, where the lines between the physical, digital, and biological worlds are becoming ever more blurred. But fully 70 percent of digital transformations fail. Why? Tony Saldanha discovered that it is not due to innovation or technological problems. Rather, the devil is in the details: a lack of clear goals and a disciplined process for achieving them. In this book, Saldanha lays out a five-stage process for moving from digitally automating processes here and there to making digital technology the very backbone of your company. For each of these five stages, Saldanha describes two associated disciplines vital to the success of that stage and a checklist of questions to keep you on track. You want to disrupt before you are disrupted, be the next Netflix, not the next Blockbuster. Using dozens of case studies and his own considerable experience, Saldanha shows how digital transformation can be made routinely successful, and instead of representing an existential threat, it will become the opportunity of a lifetime.
  why digital transformations fail: Leading Digital George Westerman, Didier Bonnet, Andrew McAfee, 2014-09-23 Become a Digital Master—No Matter What Business You’re In If you think the phrase “going digital” is only relevant for industries like tech, media, and entertainment—think again. In fact, mobile, analytics, social media, sensors, and cloud computing have already fundamentally changed the entire business landscape as we know it—including your industry. The problem is that most accounts of digital in business focus on Silicon Valley stars and tech start-ups. But what about the other 90-plus percent of the economy? In Leading Digital, authors George Westerman, Didier Bonnet, and Andrew McAfee highlight how large companies in traditional industries—from finance to manufacturing to pharmaceuticals—are using digital to gain strategic advantage. They illuminate the principles and practices that lead to successful digital transformation. Based on a study of more than four hundred global firms, including Asian Paints, Burberry, Caesars Entertainment, Codelco, Lloyds Banking Group, Nike, and Pernod Ricard, the book shows what it takes to become a Digital Master. It explains successful transformation in a clear, two-part framework: where to invest in digital capabilities, and how to lead the transformation. Within these parts, you’ll learn: • How to engage better with your customers • How to digitally enhance operations • How to create a digital vision • How to govern your digital activities The book also includes an extensive step-by-step transformation playbook for leaders to follow. Leading Digital is the must-have guide to help your organization survive and thrive in the new, digitally powered, global economy.
  why digital transformations fail: Digital Business Transformation Nigel Vaz, 2021-01-05 Fuel your business' transition into the digital age with this insightful and comprehensive resource Digital Business Transformation: How Established Companies Sustain Competitive Advantage offers readers a framework for digital business transformation. Written by Nigel Vaz, the acclaimed CEO of Publicis Sapient, a global digital business transformation company, Digital Business Transformation delivers practical advice and approachable strategies to help businesses realize their digital potential. Digital Business Transformation provides readers with examples of the challenges faced by global organizations and the strategies they used to overcome them. The book also includes discussions of: How to decide whether to defend, differentiate, or disrupt your organization to meet digital challenges How to deconstruct decision-making throughout all levels of your organization How to combine strategy, product, experience, engineering, and data to produce digital results Perfect for anyone in a leadership position in a modern organization, particularly those who find themselves responsible for transformation-related decisions, Digital Business Transformation delivers a message that begs to be heard by everyone who hopes to help their organization meet the challenges of a changing world.
  why digital transformations fail: The Technology Fallacy Gerald C. Kane, Anh Nguyen Phillips, Jonathan R. Copulsky, Garth R. Andrus, 2022-08-23 Why an organization's response to digital disruption should focus on people and processes and not necessarily on technology. Digital technologies are disrupting organizations of every size and shape, leaving managers scrambling to find a technology fix that will help their organizations compete. This book offers managers and business leaders a guide for surviving digital disruptions—but it is not a book about technology. It is about the organizational changes required to harness the power of technology. The authors argue that digital disruption is primarily about people and that effective digital transformation involves changes to organizational dynamics and how work gets done. A focus only on selecting and implementing the right digital technologies is not likely to lead to success. The best way to respond to digital disruption is by changing the company culture to be more agile, risk tolerant, and experimental. The authors draw on four years of research, conducted in partnership with MIT Sloan Management Review and Deloitte, surveying more than 16,000 people and conducting interviews with managers at such companies as Walmart, Google, and Salesforce. They introduce the concept of digital maturity—the ability to take advantage of opportunities offered by the new technology—and address the specifics of digital transformation, including cultivating a digital environment, enabling intentional collaboration, and fostering an experimental mindset. Every organization needs to understand its “digital DNA” in order to stop “doing digital” and start “being digital.” Digital disruption won't end anytime soon; the average worker will probably experience numerous waves of disruption during the course of a career. The insights offered by The Technology Fallacy will hold true through them all. A book in the Management on the Cutting Edge series, published in cooperation with MIT Sloan Management Review.
  why digital transformations fail: Orchestrating Transformation Michael Wade, James Macaulay, Andy Noronha, 2019-02-25 Company leaders feel the urgency to transform their organizations in the face of digital disruption. New rivals are digitizing whatever can be digitized to attack incumbents' value chains, gaining market share, eroding margins, and wreaking havoc to the competitive landscape in virtually every industry. For large and midsized companies, the imperative to transform is clear. How to transform is another matter. The hard truth is that despite leaders' best efforts, and billions spent in pursuit of digital transformation, the vast majority of organizational change programs fizzle, falling well short of their expected impacts. Because failed transformation programs put incumbents behind the eight ball in dealing with disruptive competition, organizations can ill-afford for their transformation programs to flop. With this important new book, Orchestrating Transformation: How to Deliver Winning Performance with a Connected Approach to Change, the team at the Global Center for Digital Business Transformation, an IMD and Cisco initiative, set out a new prescription for getting transformation right. The piecemeal strategies and pilot projects that are hallmarks of conventional transformation programs are hopelessly inadequate for the intricate, sprawling organizational environments found in most companies. Transformation practitioners need a different mindset and a new approach to executing change that can handle the complexity and scale of today's market leaders. Orchestration--mobilizing and enabling so as to achieve a desired effect--paves the way for a new, more holistic view of organizational resources and how they work together to drive change synergistically. The follow-up to 2016's award-winning Digital Vortex, Orchestrating Transformation is packed with quantitative and qualitative insights from years of applied research and engagement with executives around the world. A unique and indispensable guide for practitioners, the book moves past traditional change management doctrine to show how a connected approach to change can change everything.
  why digital transformations fail: Driving Digital Isaac Sacolick, 2017-08-24 Every organization makes plans for updating products, technologies, and business processes. But that’s not enough anymore for the twenty-first-century company. The race is now on for everyone to become a digital enterprise. For those individuals who have been charged with leading their company’s technology-driven change, the pressure is intense while the correct path forward unclear. Help has arrived! In Driving Digital, author Isaac Sacolick shares the lessons he’s learned over the years as he has successfully spearheaded multiple transformations and helped shape digital-business best practices. Readers no longer have to blindly trek through the mine field of their company’s digital transformation. In this thoroughly researched one-stop manual, learn how to: • Formulate a digital strategy • Transform business and IT practices • Align development and operations • Drive culture change • Bolster digital talent • Capture and track ROI • Develop innovative digital practices • Pilot emerging technologies • And more! Your company cannot avoid the digital disruption heading its way. The choice is yours: Will this mean the beginning of the end for your business, or will your digital practices be what catapults you into next-level success?
  why digital transformations fail: The Digital Transformation Playbook David L. Rogers, 2016-04-05 Rethink your business for the digital age. Every business begun before the Internet now faces the same challenge: How to transform to compete in a digital economy? Globally recognized digital expert David L. Rogers argues that digital transformation is not about updating your technology but about upgrading your strategic thinking. Based on Rogers's decade of research and teaching at Columbia Business School, and his consulting for businesses around the world, The Digital Transformation Playbook shows how pre-digital-era companies can reinvigorate their game plans and capture the new opportunities of the digital world. Rogers shows why traditional businesses need to rethink their underlying assumptions in five domains of strategy—customers, competition, data, innovation, and value. He reveals how to harness customer networks, platforms, big data, rapid experimentation, and disruptive business models—and how to integrate these into your existing business and organization. Rogers illustrates every strategy in this playbook with real-world case studies, from Google to GE, from Airbnb to the New York Times. With practical frameworks and nine step-by-step planning tools, he distills the lessons of today's greatest digital innovators and makes them usable for businesses at any stage. Many books offer advice for digital start-ups, but The Digital Transformation Playbook is the first complete treatment of how legacy businesses can transform to thrive in the digital age. It is an indispensable guide for executives looking to take their firms to the next stage of profitable growth.
  why digital transformations fail: Digital Transformation Lindsay Herbert, 2017-10-19 One book for the entire journey: How to digitally transform your organization Innovation in the face of major external change is critical for any organization's success, but attempting to do so often leads to more questions than actions: Where do you start? How do you get the right resources? How should work be implemented? What data should you measure? For the first time, these questions are answered in a single book that covers the end-to-end execution of digital transformation – from leadership-level strategy, to on-the-ground team implementation. With the biggest revelation of all, Herbert argues, being that true digital transformation only needs to happen once because, at its core, it means becoming more adaptive to change itself. Featuring the 'how to' of digital transformation devised from successes across every sector, Herbert distils it into five actionable stages. These stages act as a repeatable framework for continual innovation, allowing you to produce results immediately and grow change incrementally across your organization. In Digital Transformation, Herbert draws on her own experiences in leading change and innovation programmes globally, as well as featuring insights from experts and leaders from organizations as diverse as the World Wildlife Fund, Morgan Stanley, Royal Caribbean Cruises, the United Nations High Commission for Refugees, the Rijksmuseum, the American Cancer Society, The Guardian, Harvard University, and many others.
  why digital transformations fail: Digital @ Scale Anand Swaminathan, Jürgen Meffert, 2017-06-01 A blueprint for reinventing the core of your business Value in the next phase of the digital era will go to those companies that don't just try digital but also scale it. Digital@Scale examines what it takes for companies to break through the gravitational pull of their legacy organizations and capture the full value of digital. Digging into more than fifty detailed case studies and years of McKinsey experience and data, the authors, along with a group of expert contributors, show how companies can move beyond incremental change to transform the business where the greatest value is generated—at its core. The authors provide practical insights into the three pillars of digital transformations that successfully scale: reinventing the business model, building out a business architecture from the customer back into the organization, and establishing an 'amoeba' IT and organizational foundation that learns and evolves. This is the ideal guide for all leaders who recognize the power and promise of a digital transformation.
  why digital transformations fail: The Customer of the Future Blake Morgan, 2019-10-29 With emerging technology transforming customer expectations, it's important to keep a laser focus on the experience companies provide their customers. Tomorrow's customers need to be targeted today! Customer experience futurist Blake Morgan outlines ten easy-to-follow customer experience guidelines that integrate emerging technologies with effective strategies to combat disconnected processes, silo mentalities, and a lack of buyer perspective. The Customer of the Future explains how today's customers are already demanding frictionless, personalized, on-demand experiences from their products and services, and companies that don't adapt to these new expectations won't last. This book prepares your organization for these increas­ing demands by helping you do the following: Learn the ten defining strategies for a customer experience-focused company. Implement new techniques to shift the entire company from being product-focused to being customer-focused. Gain insights through case studies and examples on how the world's most innovative companies are offering new and compelling customer experiences. Tomorrow's customers will insist on experiences that make their lives significantly easier and better. Craft a leadership development and culture plan to create lasting change at your organization!
  why digital transformations fail: Driving Digital Strategy Sunil Gupta, 2018-07-24 Digital transformation is no longer news--it's a necessity. Despite the widespread threat of disruption, many large companies in traditional industries have succeeded at digitizing their businesses in truly transformative ways. The New York Times, formerly a bastion of traditional media, has created a thriving digital product behind a carefully designed paywall. Best Buy has transformed its business in the face of Amazon's threat. John Deere has formed a data-analysis arm to complement its farm-equipment business. And Goldman Sachs and many others are using digital technologies to reimagine their businesses. In Driving Digital Strategy, Harvard Business School professor Sunil Gupta provides an actionable framework for following their lead. For over a decade, Gupta has studied digital transformation at Fortune 500 companies. He knows what works and what doesn't. Merely dabbling in digital or launching a small independent unit, which many companies do, will not bring success. Instead you need to fundamentally change the core of your business and ensure that your digital strategy touches all aspects of your organization: your business model, value chain, customer relationships, and company culture. Gupta covers each aspect in vivid detail while providing navigation tips and best practices along the way. Filled with rich and illuminating case studies of companies at the forefront of digital transformation, Driving Digital Strategy is the comprehensive guide you need to take full advantage of the limitless opportunities the digital age provides.
  why digital transformations fail: The Human Side of Digital Business Transformation Kamales Lardi, 2022-10-10 Master the essential human component of digital transformation In The Human Side of Digital Business Transformation, veteran emerging technology expert Kamales Lardi delivers an essential and practical exploration of the real-world implementation of digital transformation. The book teaches readers how to drive digital business transformation success by addressing a key element – the people side of transformation. This includes managing internal stakeholders, such as leadership teams and employees, as well as external stakeholders, such as customer, partners and supplier. The author provides a proven digital business transformation framework that facilitates the successful execution of new digital solutions. She also discusses: Digital maturity and transformation readiness assessments complete with supplementary, online tools Best practices and key learnings that drive the human side of transformation Real-world case studies and examples from renowned business leaders that offer success factors A can't-miss resource for leadership teams, management, and board members, as well as change managers and leaders in organizations, The Human Side of Digital Business Transformation will also be invaluable for students in business and executive education programs, consultants, and other business leaders interested in digital transformation.
  why digital transformations fail: Digital Transformation Thomas M. Siebel, 2019-07-09 The legendary Silicon Valley entrepreneur examines how both business and government organizations can harness the power of disruptive technologies. Tom Siebel, the billionaire technologist and founder of Siebel Systems, discusses how four technologies—elastic cloud computing, big data, artificial intelligence, and the internet of things—are fundamentally changing how business and government will operate in the 21st century. While this profound and fast-moving transformation can appear daunting to some, Siebel shows how organizations can not only survive, but thrive in the new digital landscape. In this authoritative yet accessible book, Siebel guides readers through the technologies driving digital transformation, and demonstrates how they can strategically exploit their powerful capabilities. He shows how leading enterprises such as Enel, 3M, Royal Dutch Shell, the U.S. Department of Defense, and others are applying AI and IoT with stunning results.
  why digital transformations fail: The Age of Agile Stephen Denning, 2018-02-08 An unstoppable business revolution is under way, and it is Agile. Sparking dramatic improvements in quality, innovation, and speed-to-market, the Agile movement has helped companies learn to connect everyone and everything…all the time. With rapidly evolving consumer needs and technology that is being updated quicker than ever before, businesses are recognizing how essential it is to adapt quickly. The Agile movement enables a team, unit, or enterprise to nimbly acclimate and upgrade products and services to meet these constantly changing needs. Filled with examples from every sector, The Age of Agile helps you: Master the three laws of Agile Management (team, customer, network) Embrace the new mindset Overcome constraints Employ meaningful metrics Make the entire organization Agile Companies don’t need to be born Agile. With the groundbreaking formulas laid out in The Age of Agile, even global giants can learn to act entrepreneurially. Your company’s future may depend on it!
  why digital transformations fail: Digital Transformation Reimund Neugebauer, 2019-05-14 With the exception of written letters and personal conversations, digital technology forms the basis of nearly every means of communication and information that we use today. It is also used to control the essential elements of economic, scientific, and public and private life: security, production, mobility, media, and healthcare. Without exaggerating it is possible to say that digital technology has become one of the foundations of our technologically oriented civilization. The benefits of modern data technology are so impressive and the potential for future applications so enormous that we cannot fail to promote its development if we are to retain our leading role in the competitive international marketplace. In this process, security plays a vital role in each of the areas of application of digital technology — the more technological sectors are entrusted to data systems technology, the more important their reliability becomes to us. Developing digital systems further while simultaneously ensuring that they always act and respond in the best interests of people is a central goal of the technological research and development propagated and conducted by Fraunhofer.
  why digital transformations fail: Utilizing Gamification in Servicescapes for Improved Consumer Engagement Helmefalk, Miralem, Marcusson, Leif, 2020-01-03 As consumers increase their purchases from online retailers, businesses must find exceedingly innovative ways to increase customer engagement. While online gaming has become increasingly prevalent, motivating customers through the same means has gained greater importance for businesses. Utilizing Gamification in Servicescapes for Improved Consumer Engagement is a pivotal reference source that provides vital research on employing various gamification mechanics to alter and enhance certain behaviors in marketing contexts. While highlighting topics such as online gaming, user engagement, and target marketing, this book is ideally designed for retailers, advertisers, marketers, promotion coordinators, industry professionals, business executives, managers, researchers, academicians, and students seeking current research on bridging servicescapes and marketing literature with gamification.
  why digital transformations fail: Agile for Everybody Matt LeMay, 2018-10-10 The Agile movement provides real, actionable answers to the question that keeps many company leaders awake at night: How do we stay successful in a fast-changing and unpredictable world? Agile has already transformed how modern companies build and deliver software. This practical book demonstrates how entire organizations—from product managers and engineers to marketers and executives—can put Agile to work. Author Matt LeMay explains Agile in clear, jargon-free terms and provides concrete and actionable steps to help any team put its values and principles into practice. Examples from a wide variety of organizations, including small nonprofits and global financial enterprises, bring to life the on-the-ground realities of Agile across industries and functions. Understand exactly what Agile is and why it matters Use Agile to address your organization’s specific needs and goals Take customer centricity from theory into practice Stop wasting time in report and critique meetings and start making better decisions Create a harmonious cycle of learning, collaborating, and delivering Learn from Agile experts at companies like IBM, Spotify, and Coca-Cola
  why digital transformations fail: 77 Building Blocks of Digital Transformation Jace An, 2019-04-11 In 2018, '77 Building Blocks of Digital Transformation: The Digital Capability Model' was published to help 'digital practitioners' working in the digital space. Since then, quite a few readers have suggested writing a book about digital transformation for 'the general public' interested in learning more than basics of digital transformation. That is how the book '77 Building Blocks of Digital Transformation: Simply Explained' has been created.This book is intended to deliver the key messages of 'the 77 Building Blocks' to the general public. It aims to help the general public understand 'actual practices' in the digital space. This is not a theory book that discusses the academical ideas and concepts of digital transformation, but a 'practical' field book that describes the proven digital capabilities as the building blocks of digital transformation. This book does however not fully cover the technical detail of the Maturity Model described in '77 Building Blocks of Digital transformation: The Digital Capability Model' that aims to help digital practitioners with measuring digital maturity. Instead, this book provides examples of higher maturity indicators as an introduction to the Maturity Model. If you are looking for a deep dive into the Maturity Model, refer to '77 Building Blocks of Digital transformation: The Digital Capability Model'.This book covers:1. Digital Customer Experience Management -Digital Customer Journey Management -User Research -Usability Analysis -User Experience Designing -User Experience Testing 2. Social Interaction -Social Listening -Social Media Marketing -Social Media Servicing -Online Community Management -Rating & Review Management -Content Moderation -Social Crisis Management3. Digital Marketing -Digital Brand Marketing -Search Engine Optimization -Paid Search -Content Targeting -Affiliate Marketing -Online Advertising -Digital Campaign Management -Lead Management -Marketing Offer Management -Email Marketing -Mobile Marketing -Marketing Automation -Conversion Rate Optimization4. Digital Commerce -Online Merchandising -Shopping Cart & Checkout -Payments & Reconciliation -Order Management & Fulfillment -Account Management & Self-Service5. Digital Channel Management -Channel Mix & Optimization -Cross-Business Integration -Cross-Channel Integration -Multi-Device Presentation6. Knowledge & Content Management -Knowledge Collaboration -Knowledge Base Management -Content Lifecycle Management -Digital Asset Management -Content Aggregation & Syndication -Web Content Management7. Customization & Personalization -Customer Preference Management -Customer Communication Management -Social Behaviour Management -Interaction Tracking & Management -Customer Loyalty Management -Digital Customer Services8. Digital Intelligence -Product Similarity Analytics -Customer Insights -Customer Segmentation -Conversion Analytics -Digital Marketing Effectiveness -Big Data Analytics -Web Analytics -Reporting & Dashboard9. Digital Data Management -Non-relational Data Management -Distributed Data Store Management -Enterprise Search -Master Data Management -Data Quality Management -Digital Data Policy Management10. Digital Infrastructure Management -On-Demand Provisioning -User Interaction Services -Process Integration Services -Parallel Processing Services -Federated Access Management -Digital Continuity Management11. Digital Alignment -Digital Innovation -Digital Planning -Digital Governance -Cross-Boundary Collaboration -Digital Journey Readiness12. Digital Development & Operations -Digital Program & Project Management -Digital Design Authority -Digital Capability Development -Digital Capability Introduction -Digital Service Operations -Digital Quality Management
  why digital transformations fail: Fast Times Arun Arora, Peter Dahlstrom, Klemens Hjartar, Florian Wunderlich, 2020 This book is for senior executives who are frustrated by the slow pace and limited return on investment (ROI) of their digital transformations, and are unsure what's holding them back.-- Page 9.
  why digital transformations fail: Fail Fast, Learn Faster Randy Bean, 2021-08-31 Explore why — now more than ever — the world is in a race to become data-driven, and how you can learn from examples of data-driven leadership in an Age of Disruption, Big Data, and AI In Fail Fast, Learn Faster: Lessons in Data-Driven Leadership in an Age of Disruption, Big Data, and AI, Fortune 1000 strategic advisor, noted author, and distinguished thought leader Randy Bean tells the story of the rise of Big Data and its business impact – its disruptive power, the cultural challenges to becoming data-driven, the importance of data ethics, and the future of data-driven AI. The book looks at the impact of Big Data during a period of explosive information growth, technology advancement, emergence of the Internet and social media, and challenges to accepted notions of data, science, and facts, and asks what it means to become data-driven. Fail Fast, Learn Faster includes discussions of: The emergence of Big Data and why organizations must become data-driven to survive Why becoming data-driven forces companies to think different about their business The state of data in the corporate world today, and the principal challenges Why companies must develop a true data culture if they expect to change Examples of companies that are demonstrating data-driven leadership and what we can learn from them Why companies must learn to fail fast and learn faster to compete in the years ahead How the Chief Data Officer has been established as a new corporate profession Written for CEOs and Corporate Board Directors, data professional and practitioners at all organizational levels, university executive programs and students entering the data profession, and general readers seeking to understand the Information Age and why data, science, and facts matter in the world in which we live, Fail Fast, Learn Faster p;is essential reading that delivers an urgent message for the business leaders of today and of the future.
  why digital transformations fail: The P.R.O. Business Mindset Tanvir Bhangoo, 2022-02-01 Speaker, Author, and P.R.O. Business Strategist Tanvir Bhangoo shares the leadership blueprint for achieving success in disruptive and uncertain environments – built from championship winning sports teams. Includes foreword by Jeff Adamson - Cofounder of SkiptheDishes and Neo Financial. Tasked with leading high stakes, transformational projects, tech executive Tanvir Bhangoo had to rely on more than just business fundamentals to excel. Tanvir applied leadership lessons from sports, based on what he had learned on the football field, to help organizations adapt and transform amid disruption and chaos. To share his winning formula with leaders around the world, he created The P.R.O. Business Mindset. This framework offers actionable leadership strategies to make big plays in the business world. In this book, Tanvir takes the reader through the 3 stages of The P.R.O. Business Mindset: O: The Off-Season (assess and build) R: The Regular Season (execute and implement) P: The Playoffs (optimize and gain momentum) Through engaging storytelling, Tanvir delivers tactical insights on how to build business playbooks and teams that can weather changes, allowing executives to battle competitive pressures, rising consumer demands, and turnover. It also includes 23 exclusive interviews with elite level athletes turned business leaders.
  why digital transformations fail: Leveraging Digital Transformation M Nadia Vincent, 2020-03 Leveraging Digital Transformation by M. Nadia Vincent is a practical guide for business executives, C-levels, digital transformation leaders, and IT managers alike as they implement digital transformation in their organizations or businesses. In this book, you will learn about: 1. Creating your transformative vision for sustainable organizations and businesses 2. Facilitating self-transformation for leaders so they inspire individual transformations and engagement in their organizations 3. Creating environments that are efficient and promote business innovation and disruption 4. Empowering leaders with a progressive mindset so they embrace change and make better personal, business, and digital choices 5. Innovating using breakthrough digital business strategy 6. Digitally enabling organizations for faster deliveries and increased business performance 7. Converting digital transformation and innovation into a lucrative investment for increased ROI 8. Adopting and implementing artificial intelligence for the new business intelligence.
  why digital transformations fail: The Fourth Industrial Revolution Klaus Schwab, 2017-01-03 The founder and executive chairman of the World Economic Forum on how the impending technological revolution will change our lives We are on the brink of the Fourth Industrial Revolution. And this one will be unlike any other in human history. Characterized by new technologies fusing the physical, digital and biological worlds, the Fourth Industrial Revolution will impact all disciplines, economies and industries - and it will do so at an unprecedented rate. World Economic Forum data predicts that by 2025 we will see: commercial use of nanomaterials 200 times stronger than steel and a million times thinner than human hair; the first transplant of a 3D-printed liver; 10% of all cars on US roads being driverless; and much more besides. In The Fourth Industrial Revolution, Schwab outlines the key technologies driving this revolution, discusses the major impacts on governments, businesses, civil society and individuals, and offers bold ideas for what can be done to shape a better future for all.
  why digital transformations fail: Digital Transformation Using Emerging Technologies Jason M Anderson, Fawad A Khan, 2021-07-14 Digital Transformation has become the mantra for many businesses big and small in the last few years with the Covid19 pandemic accelerating such transformations for many organizations. Competitive pressures, higher customer expectations, and prospects of revenue growth are the key drivers for many of these digital initiatives. Various emerging technologies such as Cloud Computing, Machine Learning, Artificial Intelligence, Internet of Things (IoT) and Blockchain are key contributors to these digital transformations.If you are in a CxO role (CIO, CTO. CDO, et. al) for an organization and are responsible for the Digital Transformation of your organization, then this book is for you. This book can be used as a reference guide by the CxO to understand the basic concepts of Digital Transformation along with the fundamentals of various key emerging technologies. The book provides examples of services and tools from Microsoft Azure Cloud to help you harness these technologies to enable your digital transformation scenarios. Throughout the book we have also included industry statistics, expert opinions, business use cases, and customer stories. The book is organized into the following chapters to help you learn in a systematic way: Chapter 1: Digital TransformationThis chapter provides an introduction and overview of Digital Transformation including the What, Why, Who and the How of transformation via digital technologies. We also outline of the best practices for successful execution of your transformation initiatives, review key challenges, and reasons for digital transformation failures. Chapter 2: Cloud ComputingThis chapter outlines Cloud Computing history, core concepts and benefits. Cloud deployment and service models are introduced and discussed in detail. Considerations for transforming legacy IT to Cloud are discussed along with challenges and outlook of Cloud computing. Chapter 3: Azure Cloud ServicesThis chapter dives specifically into Microsoft Azure Cloud and outlines the key services and tools it offers. Basic Azure IaaS, PaaS and DBaaS services are introduced and discussed. Key and emerging Cloud services including serverless, containers and hybrid Cloud are described along with their benefits and business use cases. Chapter 4: Machine LearningMachine learning is introduced along with its core concepts around data, algorithms, models, training, and deployment. Azure Machine Learning tools and services are discussed to help you understand how you can use them to realize your Machine learning scenarios. This chapter concludes with an overview at the challenges and the future of Machine learning.Chapter 5: Artificial IntelligenceThis chapter explores Artificial Intelligence, it benefits and business use cases. Azure AI platform services available are explored such as Azure Cognitive services, Bot services, Cognitive Search services and Databricks services. AI challenges section looks at primary business and AI domain specific hurdles and issues. Chapter concludes with an outlook of AI with discussion around AI governance, Responsible AI, and Technical Advancements in AI. Chapter 6: Internet of Things (IoT)This chapter reviews the basics of Internet of Things (IoT), its business value, and use cases. Various Azure IoT offerings and services are explored to get you started with it. Azure IoT SaaS solution, IoT Central, is reviewed to see how it can be utilized to build a no-code IoT solution along with building customized solutions. Chapter concludes with IoT challenges and the future of this technology. Chapter 7: BlockchainOverview of Blockchain and its business uses for various industries. Enterprise Blockchain is discussed in detail and Azure Blockchain services are introduced and how they can be used for enterprise scenarios. Chapter also explores various challenges this technology faces along with where this technology is heading in the future.
  why digital transformations fail: Digital Vortex Jeff Loucks, Michael Wade, James Macaulay, 2016-06-15 Digital disruption: seemingly out of nowhere, startups and other tech-savvy disruptors attack. In Digital Vortex, you will learn how to use the business models and strategies of startups to your own advantage. Most importantly, you will learn how to build the agility to anticipate threats, sense opportunities, and seize them before your rivals do.
  why digital transformations fail: The Digital Transformer's Dilemma Karolin Frankenberger, Hannah Mayer, Andreas Reiter, Markus Schmidt, 2020-09-29 Bring your company into the digital era without compromising your core business In The Digital Transformer's Dilemma: How to Energize Your Core Business While Building Disruptive Products and Services, the authors show companies how to go digital while also advancing their core business. The book emphasizes how to strike a difficult balance between establishing a new (digital) business and re-vitalizing – and digitizing – the legacy business. The core of the book is focused on the actual implementation of the digital transformation across both businesses, providing concrete tips, tricks, tools and action plans across six key dimensions: Crafting a flexible organization Using technology as a driver Designing the necessary processes Building transformational leaders “Right-skilling” the workforce of the future Galvanizing cultural change The Digital Transformer’s Dilemma is a very visual book, filled with dozens of engaging illustrations that bring the contained concepts to life on the page. Based on 100+ interviews with senior executives at leading companies (such as Nestlé, Novartis, Volkswagen, BNP Paribas, BASF and Michelin) and smaller hidden champions, numerous illuminating case studies, and the authors’ own experience from working in international management consulting and years of academic experience, the book highlights the fundamental principles required for executives and businesspeople to transform legacy organizations into digitally empowered companies.
  why digital transformations fail: Rapid Transformation Behnam N. Tabrizi, 2007 Shows you how to accomplish successful transformational change in your firm in just 90 days. Based on ten years of research into more than 500 leading companies - including 3M, IBM, GE, Nissan, Apple, Bay Networks, Verisign, HP and Best Buy - this book demystifies fast, effective change and lays out a roadmap for achieving it.
  why digital transformations fail: World's Best Bank Robin Speculand, 2021 World's Best Bank - A Strategic Guide to Digital Transformation is a thorough handbook aimed at leaders and decision-makers who want to transform their entire organization from traditional to digital.
  why digital transformations fail: The Digital Matrix N Venkat Venkatraman, 2017-05-10 Ambitious digital-driven startups are now creating and cornering new markets in every sector. And yet, most legacy businesses continue to operate by old playbooks. Most are not keeping pace with the changes in their industry, let alone leading the way-what is yours doing? The Digital Matrix will help you understand the three types of players that are shaping the new business landscape; the three phases of transformation that every firm will encounter on its journey to business reinvention; and the three winning moves that will ensure your company's success along the way. With The Digital Matrix, you will: Learn to navigate the world of digital ecosystems. Discover ways of competing and collaborating with other companies to create and capture value. Realize how powerful machines can amplify your company's human talent. Learn to assemble the team to experiment with new ideas, re-examine your core beliefs, and reinvent your business rulebook for the digital future. Your company's future depends on its ability to harness digital technology. Don't wait!
  why digital transformations fail: The Digital Helix Michael Gale, Chris Aarons, 2017 Digital transformations are everywhere: business to business, business to comsumer, and even government to citizens. Digital transformation promises a bridge to a digital future, where organizations can thrive with more fluid business models and processes. Less than 20% of organizations are getting digital transformations right, but these digitally transformed organizations can deliver twice as fast as other organizations, cut OPEX by over 30%, and have seen a near-immediate doubling in brand value. The power to act faster and do it better than before sits at the heart of truly digitally transformed organizations. --
  why digital transformations fail: Why Digital Transformations Fail Tony Saldanha, 2019-07-23 Former Procter & Gamble Vice President for IT and Shared Services, Tony Saldanha gives you the keys to a successful digital transformation: a proven five-stage model and a disciplined process for executing it. Digital transformation is more important than ever now that we're in the Fourth Industrial Revolution, where the lines between the physical, digital, and biological worlds are becoming ever more blurred. But fully 70 percent of digital transformations fail. Why? Tony Saldanha, a globally awarded industry thought-leader who led operations around the world and major digital changes at Procter & Gamble, discovered it's not due to innovation or technological problems. Rather, the devil is in the details: a lack of clear goals and a disciplined process for achieving them. In this book, Saldanha lays out a five-stage process for moving from digitally automating processes here and there to making digital technology the very backbone of your company. For each of these five stages, Saldanha describes two associated disciplines vital to the success of that stage and a checklist of questions to keep you on track. You want to disrupt before you are disrupted—be the next Netflix, not the next Blockbuster. Using dozens of case studies and his own considerable experience, Saldanha shows how digital transformation can be made routinely successful, and instead of representing an existential threat, it will become the opportunity of a lifetime.
  why digital transformations fail: Lean Enterprise Jez Humble, Joanne Molesky, Barry O'Reilly, 2020-07-20 How well does your organization respond to changing market conditions, customer needs, and emerging technologies when building software-based products? This practical guide presents Lean and Agile principles and patterns to help you move fast at scaleâ??and demonstrates why and how to apply these paradigms throughout your organization, rather than with just one department or team. Through case studies, youâ??ll learn how successful enterprises have rethought everything from governance and financial management to systems architecture and organizational culture in the pursuit of radically improved performance. Discover how Lean focuses on people and teamwork at every level, in contrast to traditional management practices Approach problem-solving experimentally by exploring solutions, testing assumptions, and getting feedback from real users Lead and manage large-scale programs in a way that empowers employees, increases the speed and quality of delivery, and lowers costs Learn how to implement ideas from the DevOps and Lean Startup movements even in complex, regulated environments
  why digital transformations fail: The Business Transformation Playbook Mba Heath Gascoigne, 2019-01-21 Why do only 30% of business transformation programmes deliver on time, on budget and on the scope, realizing the intended benefits while 70% fail? Uncover HOBA(R) (House of Business Architecture(R)) the Business Transformation framework, design process and blueprint for increasing your organization's success rate and delivering the Target Operating Model (TOM). This book and HOBA(R) framework provide a practical, hands-on tool that has helped organization's design, build and implement their business strategy and Target Operating Model (TOM) as part of their business transformation. IN THIS STEP-BY-STEP GUIDE, YOU WILL LEARN: - The five (5) Business Architecture Challenges that Business Architecture, Business Architects and Business Transformators(R) face today, and how HOBA(R) solves them; - A comprehensive, systematic and structured Target State Architecture 'Design Process ' to not only design the Target Operating Model (TOM) but also implement it; - An Agile framework that develops the Target State Architecture, and Target Operating Model (TOM) in an iterative, incremental fashion; - The framework that aligns the Business to the Business Strategy; - A framework that covers all aspects and questions asked of the business - from the Why, Who, What, Where, How and When? and - Reference Models that address the organization's strategic concerns, Building Blocks that address the operational concerns, and Blueprints that address the implementation concerns, all covered here, plus more.
  why digital transformations fail: The Definitive Guide to B2B Digital Transformation Fred Geyer, Joerg Niessing, 2020-05-22
  why digital transformations fail: Driving Digital Transformation: Lessons from Building the First ASEAN Digital Bank Dr. Dennis Khoo, 2021-09-10 Traditional banks are facing unprecedented disruption from challenger banks today. So why aren’t more of them launching challenger banks of their own? Well, two high-profile examples – JP Morgan’s Finn and RBS’s Bo – were launched with much fanfare, but both shuttered after less than a year. In light of this, the success of TMRW digital bank by UOB, launched in Thailand in 2019 and Indonesia in 2020, is astonishing. Dr Dennis Khoo, who created TMRW, shares with us the thinking behind the design of this revolutionary undertaking. At every step of the way, he and his team went against established paradigms and bucked conventional wisdom to build ASEAN’s first digital bank. Filled with visionary analysis and on-the-ground guidance, Driving Digital Transformation demonstrates how this success can be replicated across all industries. For any leader or organisation starting on a major digital initiative, this book is a must-read. “What makes this playbook particularly valuable is that it is written by Dennis Khoo, one of the sharpest minds in the industry.” – Mary Huen, CEO, Standard Chartered Hong Kong
  why digital transformations fail: Doing Digital: Lessons from Leaders Chris Skinner, 2020-03-02 There has been lots of discussion of digital and open banking, banking-as-a-service, banking platforms, FinTech and TechFin and more over the past decade. This all indicates that we are in a decade of rapid cycle change that presents huge challenges and huge opportunities. Billion dollar unicorns appear rapidly, whilst internet giants achieve global domination. How are banks dealing with these changes and are any banks showing leadership? Well yes, a few are. With all the gloom merchants saying that traditional banking is doomed, a few banks have made radical moves to adapt and survive. Chris Skinner, world-leading commentator on banking and technology, has selected five of those banks—JPMorgan Chase (USA), BBVA and ING (Europe), and DBS and CMB (Asia)—to share their experiences. In detailed interviews, and with wide-ranging commentary, he has discovered the secrets of how not just adapt and survive, but how to thrive in this sea change of finance and technology. Learn the lessons of the leaders, and learn how to become a successful digital bank, by Doing Digital.
Why Digital Transformations Fail: 7 Mistakes Leaders Make
Mapping out the actual strategy to get from your current state to your transformational goals is where many business leaders fall short of success. According to McKinsey, 70% of digital …

Why do most transformations fail? A conversation with Harry …
The academic research is really clear that when corporations launch transformations, roughly 70 percent fail. The root causes of those failures are straightforward. As we built the …

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Abstract. Digital transformations are as widespread as the chances of success are dismal. We highlight key reasons for failure and outline three strategies for change that can increase the …

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The answer has to do with the magnitude of the disruptive economic force digital has become and its incompatibility with traditional economic, strategic, and operating models. This article …

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The triggers for transformation vary, whether it be a requirement to change to meet customer expectations or consolidating an organisation after merger or integration. What remains …

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Oct 21, 2022 · When you look at the reasons why digital transformation projects fail, one thing stands out. Most digital transformations are transformational in name only. As author and …

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1. What is the most common reason for digital transformation failure? The most frequent cause is a lack of a clear vision and strategy, leading to disjointed efforts and unclear objectives. 2. …

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experts in digital transformation, Rob Walla, Vice President of Professional Services at Astrix. Mr. Walla delves into the root causes of failure among many digital transformation initiatives and …

Why do Digital Transformation Projects Fail?
As a resultant, Digital transformations are failing big time. 73% of enterprises failed to provide any business value whatsoever from their digital transformation efforts (Everest Group, 2018) and …

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Jan 5, 2023 · Introduction. Analysing failure is crucial in comprehending the complexities and risks associated with digital transformation (DT) initiatives. This anal-ysis empowers researchers and...

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digital transformation projects fail to deliver their intended value (Carroll et al., 2021; Hafseld et al., 2022; Munns et al., 2022; Rowland et al., 2022). This study addresses...

Why Digital Transformations Fail
The Road Ahead. By 2020, 80% of healthcare interactions will occur through IoT services (IDC). It is no longer what computers can process, but what computers connect us to (Paul Saffo). 20% …

Losing from day one: Why even successful transformations fall …
According to our analysis, three core actions of a transformation are especially predictive of value capture—and the companies with successful transformations are more likely than the rest to …

Why Digital Transformations Fail The Surprising D
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The most prevailing reasons for failure? ‘management behaviour not supporting change’ and ‘employee resistance to change’3.

Flipping the Odds of Digital Transformation Success
With so much at stake to build digital capabilities that drive custom-er centricity and productivity, why do so many companies fail? And not just troubled companies—top performers, market …

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Praise for Why Digital Transformations Fail. “If you’ve ever wondered why digital disruption continues largely unabated, de-spite efforts of the world’s top leaders, you’re not alone. If you …

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There are several key reasons why this is the case and why these systems are so difficult to replace: The lack of long-term plans to tackle the legacy code conversion. GAO’s latest report …

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Unlocking success in digital transformations. Digital transformations are even more difficult than traditional change efforts to pull off. But the results from the most effective transformations …

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Why Digital Transformations Fail - Berrett-Koehler Publishers WEBPraise for Why Digital. 2 Transformations Fail. “If you’ve ever wondered why digital disruption continues largely unabated, de-spite efforts of the world’s top leaders, you’re not alone. If you want a practical and clear-eyed playbook to help you do something about it, this

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Oct 27, 2023 · Why do most transformations fail? A conversation with Harry … WEBThe academic research is really clear that when corporations launch transformations, roughly 70 percent fail. The root causes of those failures are straightforward. As we … Why Digital Transformations Fail - Berrett-Koehler Publishers WEBPraise for Why Digital Transformations ...

Performance and Innovation Are the Rewards of Digital …
Factors for Digital Transformations.”) For our 2021 survey, we looked at the rewards of success, how leaders are shifting their digital priorities to more ambitious goals, and the persistent gulf in transformation success rates. Exhibit 1 - Only 35% of Companies Deliver Successful Digital Transformations

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The Five Major Reasons Why Digital Transformations Fail Digital transformations fall short because of one, or more, of the following five factors: 1 Lack of a Unifying Strategy 2 Low Organizational Buy-In 3 Disconnected Technology Stack …

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or unstable - it’s just that important digital transformations can be exceedingly difficult to get right. In fact, researchers of medium to large digital transformations have put the failure-rate at 84%¹. Why de-risk digital transformations? looprisk.com ¹ Seven Reasons Why Information Technology Projects Fail (2011) Gulla J. 2011

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Why Digital Transformations Fail Michael Leadbetter, CEO Pivot Factory. Law of Accelerating Returns Domain powered w/ information tech and the doubling pattern starts Does not stop. 1958 1971 2018 First Circuit Board 2 transistors Intel 4004 2,300 transistors Nvidia Volta GPU 21 billion transistors. BEFORE

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Chief Product and Technology Officer for Workfront in ‘Why digital transformations Fail: Closing the $900 Billion Hole in Enterprise Strategy’. Yet, the extraction industry faces similar challenges and headwinds to that which any industry faces. Operators need to continuously improve operational performance

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Why Digital Transformations Fail Tony Saldanha,2019-07-23 Former Procter Gamble Vice President for IT and Shared Services Tony Saldanha gives you the keys to a successful digital transformation a proven five stage model and a disciplined process for executing it Digital transformation is more important than ever now that we re in the Fourth ...

Digital transformation: A multidisciplinary perspective and …
nies invest in digital transformation (Dörr, 2020; Elliott et al., 2021). Practitioners and researchers alike continue to be fascinated as much by the failure of digital transformations as by their success. For exam-ple, a recent book focusing on “why digital transformations fail” includes a foreword by the retired chairman and CEO of ...

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The Question Why do digital transformations fail? Accenture: “Digital transformation is the process by which companies embed technologies across their businesses to drive fundamental change.” IBM: “Digital transformation means adopting digital-first customer, business partner and employee experiences.” Wikipedia: “Digital transformation is the adoption of digital technology by an ...

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3 Akhil Babbar, Raghavan Janardhanan, Remy Paternoster, and Henning Soller, “Why Most Digital Banking Transformations Fail—and How to Flip the Odds,” McKinsey & Company, April 11, 2023. A foundational understanding of the current and emerging digital technologies that could impact an organisation or industry A digitally intelligent leader...

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heavily in digital transformations because they see opportunities to drive technological advances or other improvements, from streamlining processes to product innovation and harnessing AI. (Exhibit 1) Exhibit 1: Top five changes sought in transformations today 1 Streamlining and optimizing core business processes and workflows 2

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Tony Saldanha Why Digital Transformations Fail
Aug 24, 2020 · Why Digital Transformations Fail Tony Saldanha,2019 Digital transformation is more important than ever now that weare in the Fourth Industrial Revolution, where the lines between the physical, digital, and biological worlds are becoming ever more blurred. But fully 70 percent of digital transformations fail.

Guide to Digital Transformations Radiant Technology Group
that, “global spending on digital transformation business practices, products and organizations is forecast to reach $2.8 trillion in 2025, more than double the amount allocated in 2020.” With interest in digital transformations on the rise, it’s important to. understand what a digital transformation encompasses and how to

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Jul 8, 2022 · Saldanha (2019) argues the “surprising answer to why digital transformations fail is a lack of discipline in defining and executing the right steps for digital transformations to take off and stay ahead” (p. 5). The steps needed for digital transformation projects, however, lie within

The Digital Transformation Playbook Rethink Your Business …
Why Digital Transformations Fail Tony Saldanha,2019-07-23 Former Procter & Gamble Vice President for IT and Shared Services, Tony Saldanha gives you the keys to a successful digital transformation: a proven five-stage model and a disciplined process for executing it.

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Why Digital Transformations Fail Tony Saldanha,2019-07-23 Former Procter & Gamble Vice President for IT and Shared Services, Tony Saldanha gives you the keys to a successful digital transformation: a proven five-stage model and a disciplined process for executing it. Digital transformation is more important than ever now that we're in the ...

3 PATHS TO DIGITAL TRANSFORMATION - csgi.com
digital communication channel like web chat, moving recurring billing to the cloud, etc. The technology defined the organizational change. But there’s a reason why 73 percent of digital transformations fail to realize any ROI.1 It’s not because the addition of a digital communication channel is wrong, or that cloud billing isn’t the way ...

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Change management within digital transformations - DiVA
Another factor as to why digital transformations often fail is due to a lack of proper digital strategies, knowledge and understanding when implementing digital tools (Kane et al., 2017). In other words, it is relevant to study how to successfully manage a digital change by working with change management within digital transformations.

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Why Digital Transformations Fail is an essential topic that must be grasped by everyone, ranging from students and scholars to the general public. This book will furnish comprehensive and in-depth insights into Why Digital Transformations Fail, encompassing both the fundamentals and more intricate discussions. 1. This book is structured into ...

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Why Do Digital Transformations - downes.ca
The Question Why do digital transformations fail? Accenture: “Digital transformation is the process by which companies embed technologies across their businesses to drive fundamental change.” IBM: “Digital transformation means adopting digital-first customer, business partner and employee experiences.” Wikipedia: “Digital transformation is the adoption of digital technology by an ...

Why 47% of Agile Transformations Fail - Scrum Inc.
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Why transformations fail: A conversation with Seth Goldstrom
From our research, we’ve found the following ten reasons that transformations fail: 1. The first reason is that the top team isn’t aligned around the change story or the change story isn’t really compelling from a hearts-and-minds perspective. A lot of folks are excited about financials and share price and their incentive compensation.

Why Digital Transformations Fail The Surprising D
Why Digital Transformations Fail Tony Saldanha,2019 Digital transformation is more important than ever now that weare in the Fourth Industrial Revolution, where the lines between the physical, digital, and biological worlds are becoming ever more blurred. But fully 70 percent of digital transformations fail.

Leading Digital Turning Technology Into Business …
firms to the next stage of profitable growth Why Digital Transformations Fail Tony Saldanha,2019-07-23 Former Procter Gamble Vice President for IT and Shared Services Tony Saldanha gives you the keys to a successful digital

Why 70% of Digital Transformations Fail - liferay.com
The Five Major Reasons Why Digital Transformations Fail Digital transformations fall short because of one, or more, of the following five factors: 1 Lack of a Unifying Strategy 2 Low Organizational Buy-In 3 Disconnected Technology Stack …

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2 Why Digital Transformations Fail The Surprising D 2023-06-28 the entire spectrum of the business from the perspective of an enterprise or manufacturer. Hence we start with people, culture and the need for agile business development when transforming

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The Question Why do digital transformations fail? Accenture: “Digital transformation is the process by which companies embed technologies across their businesses to drive fundamental change.” IBM: “Digital transformation means adopting digital-first customer, business partner and employee experiences.” Wikipedia: “Digital transformation is the adoption of digital technology by an ...

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Why digital transformations fail – the Tony Saldanha interview - The Digital Transformation People Published: Knopf Publishing Group - September 14th, Other Editions 4. Very valuable during implementation or as instructional on what to avoid. Feel the different sensations in this book. The Fourth Industrial Revolution The Fourth Industrial ...

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for Workfront in ‘Why Digital Transformations Fail: Closing the $900 Billion Hole in Enterprise Strategy’.5 Yet, the extraction industry faces similar challenges and headwinds that any industry faces.6 You need to continuously improve operational performance (output, quality, system efficiency, safety, etc.) while simultaneously

Why Digital Transformations Fail The Surprising D
Nov 17, 2022 · Why Digital Transformations Fail Tony Saldanha,2019-07-23 Former Procter & Gamble Vice President for IT and Shared Services, Tony Saldanha gives you the keys to a successful digital transformation: a proven five-stage model and a disciplined process for executing it. Digital transformation is more important than ever now that we're in the ...

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Why Digital Transformations Fail 2019-07-23 former procter gamble vice president for it and shared services tony saldanha gives you the keys to a successful digital transformation a proven five stage model and a disciplined process for executing it digital transformation is more

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Jan 25, 2024 · Why Digital Transformations Fail Tony Saldanha,2019 Digital transformation is more important than ever now that weare in the Fourth Industrial Revolution, where the lines between the physical, digital, and biological worlds are becoming ever more blurred. But fully 70 percent of digital transformations fail.

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Why Digital Transformations Fail Pdf Successful Digital Transformation Marc Beijen 2021-07-14 This book is, as indicated by the subtitle, intended in the first place for executives and managers. But actually its is essential reading for all who are faced with digital transformation. It offers a valuable reflection on knowledge

Tony Saldanha DG SL How to Digitally Transform Your …
Tony Saldanha, Former VP of Global Shared Services and IT, Proctor & Gamble, and Author, Why Digital Transformations Fail NOTE: This peer-to-peer discussion guide is intended to help you collaboratively think through the ideas and strategies Tony Saldanha presents in this expert class, and apply them to the specific challenges at ...