Get ahead of the curve with these digital transformation tips

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 […]

You may also like...