In the digital age, companies need to be prepared for change. Recent research by the World Economic Forum found that 87% of companies said digital will disrupt their industry – but only half said they’re prepared. According to the Sloan Management Review, only 7% of companies are led by digitally competent teams, which is a big contributor to why around 90% of digital transformation projects – designed to improve efficiency – end up in failure, according to IEEE Engineering Management Review. What does digital change really mean and how do you prepare for it? Preparation is a fundamental prerequisite for success. Here are some top tips to help you along the digital transformation journey. Successful digital change starts with the right strategy All too often we see a collection of loose statements or tactics badged as a strategy. How many times have you seen templates completed that bear little relevance to your company’s reality? Successful strategies are dependent on a cohesive story that can be bought into by both senior leadership and the entire workforce alike. In a digital world, strategy can no longer be kept separate from technology. Synthesising both can be a real ‘art’, demanding a mix […]