REALISING DIGITAL POTENTIAL – 10 FACTORS FOR A SUCCESSFUL DIGITAL TRANSFORMATION FRAMEWORK
DIGITAL STRATEGY
W hen it comes to designing a digital transformation strategy , McKinsey explains that “ clear targets , management buy-in , and targeting easy wins early are just some of the key aspects of a successful digital transformation . Firms should also look to rapidly up-skill the digital expertise of their workers , and deploy agile ways of working .”
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REALISING DIGITAL POTENTIAL – 10 FACTORS FOR A SUCCESSFUL DIGITAL TRANSFORMATION FRAMEWORK
While it is no secret that digital transformation and industry 4.0 are providing organisations with a multitude of opportunities for customer experience , growth , innovation , optimisation , transparency and agility , to drive sustainable and efficient operations .
“ However , mounting evidence shows that digital transformations are easier said than done , with more than half of all UK projects estimated to fail at realising their desired goals ,” says McKnisey . To help organisations navigate the challenges of developing a successful digital transformation strategy , McKinsey outlines 10 factors that can help an organisation realise the digital potential for an effective strategy .
AUGUST 2020