Wednesday, November 29, 2017

The Monthly “Lesson Learned”: How to Avoid These Pitfalls in Digital Transformation Nov. 2017

Digital makes a significant impact on every aspect of the business from people, process to technology, both horizontally and vertically. Digital becomes the very fabric of high performing business, being outside-in and customer-centric is the new mantra for forward-looking and high mature digital organizations today. However, more than two-thirds of Change Management effort fails to achieve the expectation, what are the pitfalls on the way?

                How to Avoid These Pitfalls in Digital Transformation 

  • Three Big Pitfalls in Digital Transformation? Digital makes a profound impact from specific function to business as a whole, the purpose of such radical digitalization is to make a significant difference in the overall levels of customer delight and achieve high performing business result. High mature digital organizations have high-level digital capabilities not only to build digital innovations but also to drive enterprise-wide transformation. However, there are still many roadblocks on the way, and numerous pitfalls to fail the initiatives. Here are three huge barriers to digital transformation, and stop businesses from speeding up and improving agility and maturity.

  • Accelerating Digital IT via Avoiding these Pitfalls Many organizations are on the journey of digital transformation, but it is the path not being fully discovered and explored yet. Or put another way, as every organization is at the different stage of the business growth cycle, each of them has to match their own pace, fit their own circumstances, and develop their own set of next practices for accelerating digital transformation. There are many roadblocks and hidden barriers along the way. Old IT thinking cannot move fast enough in the era of the digitalization. Digital CIOs today need to have both business acumen and technological understanding to become the trustful business advisor and empathetic IT manager in order to lead effectively and digitize IT effortlessly.
  • The New Book “Change Insight” Introduction Chapter 6 The Pitfalls in Change Management Change is inevitable, and the speed of change is increasing. How capable the business is handling change would directly impact on the business competency. In fact, there is a high failure rate of Change Management statistically, and more than two-thirds of business change efforts fail to achieve its expectations. So what are the big barriers and potential pitfalls on the way, and how to improve change success rate, as well as craft change as an ongoing digital capability?

  • How to Avoid those Pitfalls in Strategy Management The strategy is the pillar of organizational existence, its vision, mission, design, structure, functions. There is no doubt that strategy becomes more important, not less in organizations large or small today, because of the fierce competition, rapid changes, and hyper uncertainty. But there are many obstacles on the way and numerous pitfalls you have to avoid in making a good strategy and executing it smoothly. So how to apply strategic wisdom to overcome those barriers and improve strategy management effectiveness?

  • The Pitfalls to Avoid in Digital Transformation? Digital transformation is a thorny journey, there are many roadblocks on the way, and numerous pitfalls lead to the failure, so how to identify and avoid them in order to drive digital transformation effortlessly?

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