Do you know how well your digital transformation is going?
It’s no secret that digital transformation programmes aren’t always a success. According to our own research, the majority (84%) don’t achieve what they set out to. This really does beg the question: do you know how well your company’s digital transformation is going? If you don’t, you’re not alone.
Why do so many digital transformation projects fail?
Visibility on multiple levels has a crucial impact on the success of the transformation initiatives. Whether it is the communication of key business objectives, transparent prioritisation criteria or making sure all involved parties have the same insight into the current roadmap, the quality of communication is a common attribute directly impacting your success rate. The role of good communication gets even more important in a highly dynamic environment which digital transformation undoubtedly is.
Customers frequently tell us the following areas are where the quality of communication has a direct impact:
- aligning of strategic objectives and business goals
- prioritisation criteria and key metrics
- initiative roadmap including latest changes, risks and progress report
- IT and Business cooperation
- allocation of key resources
In organisations that reported a successful digital transformation, one of the key factors was the implementation of a digital tool to make information more accessible. A recent study reported a 210% higher rate of this key factor being mentioned as one of the primary reasons for their successful transformation.
What’s the key to success?
Organisations seeking to maximise their chances of a successful digital transformation are increasingly adopting market-leading strategic planning tools such as Clarity from Broadcom.
Clarity is designed to act as the single source of truth for an organisation to create a comprehensive roadmap of activities across the business. Clarity can be deployed at any stage in an organisation’s digital transformation journey and integrate with existing tooling to drive a consolidated view of financial data, resource data, execution and team collaboration all in one place.
Ignite aims to be a trusted partner on your transformation journey, helping to implement, configure and support market-leading software as well as bringing our many years of experience and best practices to the table.
Book a personalised demo with one of our experts who has worked with similar organisations to yours.