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Digital Transformation Podcast
Four Reasons Why Digital Transformation Efforts Fail
Oct 12, 2023
Alwyn Joseph, CRO at FPT Software, discusses four reasons why digital transformation efforts fail. Topics include the mistake of focusing only on technology, the importance of cross-functional team engagement, mainframe migration and approaches, and three action items for success.
21:28
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Quick takeaways
- Digital transformation projects fail when organizations focus solely on technology without considering end goals or desired business outcomes.
- Lack of engagement and alignment across cross-functional teams leads to failure in digital transformation initiatives.
Deep dives
Starting and ending with technology
Digital transformation projects often fail when organizations focus solely on technology without considering the end goals or desired business outcomes. For example, a manufacturing company invested millions of dollars in transforming their technology, but failed to meet regional requirements, resulting in low adoption. By starting with the end goals and aligning technology with business outcomes, organizations can ensure success.
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