Why do Most Digital Transformation Initiatives Fail

Multiple studies have been published in the last two years, giving a high-level perspective on why Digital Transformation initiatives failed to deliver results. In general, a transformation initiative needs commitment, persuasion, and the ability to manage turbulence and risk. Let’s dive into what Digital Transformation is, why its initiatives failed, and how one can succeed in this journey.

What is Digital Transformation

Digital Transformation (DX) is the implementation of digital technologies into a business or organization. Recently, DX has become common in emerging and accomplished organizations to augment business agility and productivity. Organizations must recognize that Digital Transformation initiatives take time to achieve the desire. However, most initiatives fail, and they fail for many reasons, a few significant reasons are briefed below.

“DIGITAL TRANSFORMATION IS A JOURNEY.”

Succeeding Digital Transformation Journey

LEADERSHIP’S DRIVE

For Technology Leaders, a clear Vision, Strategy, Governance, and Measures navigate the business toward achieving a successful transformation. Without leadership commitment and drive, the transformation will continue to be aspirational.

BUSINESS EXPECTATION

For Business Leaders, business priorities and roadmaps play a vital role when collaborating with your technology partners. Priorities should clearly articulate the short & long-term goals and success factors.

CULTURE

For Business & Technology leaders, Organizational culture adversely impacts the transformation initiative. Therefore, the strategy must consider Culture and incorporate them as part of an overall strategy and leadership buy-in and alignments. The investment must be made to handle enablement and mindset change initiatives based on organizational culture that paves the way to successful transformation.

SEQUENTIAL

Transformation is an iterative process with change management as a critical approach. People who appreciate change, collaboration, and efficiency would lead a successful and optimistic transformation journey.

ONE-HALF TRANSFORMATION

Data, Process, and Automation are the keys to delivering Operational & Process excellence. A few other capabilities need to be considered to bring disruptive organization-wide transformation, such as unified digital technologies, content management, virtualization, and business & IT integration, and that be carefully mapped and input to build Digital Strategy.

OWNERSHIP & AUTHORITY

Transformation initiatives must employ a Body of Transformation Office to Define Digital Strategy, Governance, and value engineering and integrate enterprise technology partners representing various technologies (i.e.) (Data & Analytics, Automation, BPM, Virtualization, IT) cohesively under the Digital Transformation Officer leadership. In a nutshell, these are the roots of an unsuccessful transformation. If you’re willing to take your transformation journey today, have those mentioned above pointers in your mind. Begin your transformation journey wisely by focusing on the keys to success in this journey. Having your Housekeeping under check and working with the right implementation partner deliver insightful and successful transformation experience. We at Ennuviz provide digital transformation services through our years of experience, and strong functional and technology experts steward your transformation journey.

“If you give a man a fish, you feed him for a day.If you teach a man to fish, you feed him for a lifetime.”

Engage with our experts to guide you in the transformation journey.