Most importantly Why Digital Transformations Fail ?

People
- How can a company’s culture structure support the digital transformation?
- How does a company create an environment where the opinion of everyone is discussed and respected?
- How open are the leaders in terms of being challenged with the initiative?
Processes
So what kind of processes would support the digital transformation need? It is a difficult question and quite frankly a lot of companies fail here. Furthermore, there are still other questions…
- What kind of processes would perhaps help with the digital transformation?
- Does the other challenge remain about the trained human resource?
- Now to change the processes does the company have enough human resources trained?
Tools & Technology
- So what challenge you are trying to solve with the new tool?
- Can people in the company say why they use the tool?
- Can people train other newbies on how to use the tool?
- How literate are the people within the company on the complexity of the tool?
Absence of omnichannel strategy.
Hiring "Experts" with Template Based Transformation
Digital transformation as a one-time investment
Another key success factor or failure is don’t have digital transformation departments with the empowerment of the boards. If the upper management considers this a spent and not an investment and doesn’t separate a team to think in the business in the long term and share responsibilities in the day-to-day of the business all the initiatives going to tank.
Pramod Dhakal is a Tech entrepreneur at heart, a natural leader, an Agile practitioner, and a Digital Transformation provoker. He has spent over a decade implementing various large-scale transformation initiatives in large multinational organizations. He is an author and contributor at Hitechies largely in the technology space. Pramod is an active investor in cryptocurrencies and he is extremely positive about the future of the decentralized digital economy.