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The single most reason why digital transformation programs fail. And why yours will not
The worldwide digital transformation market is expected to reach an anticipated expenditure of US$2.8 trillion by 2025, and this projection comes at a time when, 70% of digital transformation projects fail to meet their objectives.. There are many factors that contribute to the failure of a digital transformation program, though, the most common among them…
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Digital Transformation isn’t a button. It’s a process; more so, it’s a culture
Not all businesses embarking on a digital transformation journey succeed. According to Forbes, McKinsey, KPMG, and Bain & Company, there is a 70% to 95% chance that digital transformation will fail. Why? The combination of people, processes, and technology is not proportionate. A comprehensive digital strategy, the right set of people, and smart technology backup…
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Three Factors to a Successful Digital Transformation. What’s your balance?
In today’s fast-paced business environment, digital transformation has become a top priority for organizations across industries. However, achieving a successful digital transformation is not an easy task. Organizations must overcome several challenges to realize the benefits of a more digital future. Over time, it has been seen that three factors are crucial to achieving a…
