5 Surefire Ways To Derail A Digital Transformation (Without Knowing It)
CIO, Tuesday, May 2,2023
Leading complex, interrelated digitive initiatives is challenging enough without setting back your strategy by falling prey to these common DX leadership mistakes.
Despite the best of intentions, CIOs and their organizations often struggle to deliver business outcomes from digital transformation strategies. According to research firm Gartner, 89% of corporate boards say digital is embedded in all business growth strategies, but only 35% of organizations are on track to achieve digital transformation goals. And while KPMG reports that 72% of CEOs have aggressive digital investment strategies, McKinsey details a harsh reality that 70% of transformations fail.
Stats such as these raise the question: How can CIOs and digital transformation leaders better recognize failure signs and proactively address issues?