Digital transformation can help businesses boost efficiency, make data-driven decisions, reduce operational costs, support employees’ work and better serve customers. Even so, many leadership teams grapple with the challenges of implementing technological changes, with initiatives often stalling or spiraling out of control.
Too often, digital transformation initiatives blow up budgets because various stakeholders add unnecessary, nice-to-have features. An initiative needs a product owner with a solid understanding of the core purpose and the long-term vision and power to control each project phase to ensure it stays on track. -
A common reason for digital transformation failure is inadequate IT infrastructure and/or readiness. An organization can proactively avoid this by assessing its existing systems, implementing upgrades or using alternative technologies , and ensuring that the IT infrastructure can support the digital initiatives. This will reduce the potential for disruptions from digital transformation and simplify the transformation journey.
Digital transformation initiatives can stall because it takes time to train personnel and internal resources must be allocated to implement and maintain the technology. Working with technology partners who truly understand your business and provide not only the technology, but also the expertise and resources, can ensure that digital transformation is seamless and effective. -