The question of when a digital transformation is truly complete remains open-ended, much like a never-ending road trip. For those steering their organizations through this journey, it’s crucial to determine how to address the inevitable question from employees: “Are we there yet?” Ben Selier, Vice President of Secure Power for Anglophone Africa at Schneider Electric, via the firm’s 2024 Q4 Playbook, recently emphasizes that not all companies successfully navigate this transformation. “A 2023 McKinsey survey revealed that 56% of companies undertaking digital transformations achieved most or all their goals, but nearly half fell short,” he notes. The key to success lies not just in achieving goals but in ensuring continued growth and improvement. Make it Sustainable Successful digital transformations go beyond initial implementation to create long-term value. According to Selier, “Sustainable digital transformations collect vast amounts of data, make it visible, and use it to drive actions aligned with specific business objectives.” Schneider Electric, through its collaboration with AVEVA, has observed that long-term success is tied to holistic thinking. Case studies from their portfolio reveal that companies embracing sustainable transformation consistently prioritize these principles, integrating them into their strategies for ongoing improvement. Collect and Consolidate One challenge companies face […]
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
K&X Design and Investment Technology, LLC
Invest The Invisible Impact
