

Why Most Digital Transformation Initiatives Fail
Jun 14, 2023
35:56
Companies are investing trillions of dollars into digital transformation initiatives, but research tells us that 70% of digital transformation initiatives fail. How can today’s digital leaders set their companies up for success and ensure that these major investments don’t go to waste?
We’ve invited three powerhouse leaders to unpack their digital transformation research findings and share the most important steps leaders can take to ensure success.
- Dr. Susan Nakashima, Retired IT Executive & Adjunct Professor at Pepperdine University
- Dr. Michael Seals, Chief Digital Officer & SVP of Strategy at Hussmann Corporation
- Dr. John Hill, Chief Digital Information Officer at MSC Industrial Supply
Tune in as we explore:
- How a digital acuity deficit in established leaders prevents success
- How leaders can clearly articulate what success looks like and how it can be measured
- How creating a psychologically safe environment promotes learning and prevents knowledge-hiding behaviors
- The key areas of transformational leadership that digital leaders should embrace
- The first steps to creating a psychologically safe environment
Resources:
- Dr. Michael Seals’ Dissertation on Digital Transformation Levers of Control
- Dr. Susan Nakashima’s Dissertation on Creating Psychological Safety