Digital Transformation Is Not Merely A Technology Transformation (Part 1)
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A recent survey of senior managers, CEOs and executives found that the digital transformation risk is their number one concern in 2019. However, 70% of the number of digital transformation initiatives failed to achieve their goals. Of the $1.3 trillion that was spent on digital transformation last year, an estimated $ 900 billion was wasted. Basically, if a leader lacks the right mindset to change and some of the existing organizations are still lacking, digital transformation will simply bloat those shortcomings. Here are FIVE important lessons that help leaders organize their companies successfully through digital transformations. Lesson 1: Find out