What Steps Should You Take When Your Digital Shift Fails?

If you are one of those companies looking for innovation, better profits, business efficiency, and versatility, prioritizing digital transformation (DX) is critical. However, studies suggest that 70 percent of DX initiatives fail. Remember, the price of failure in the digital shift can be high. To build a foolproof strategy for digital transformation, you must understand the reasons for the failure and ways to avoid them. In this article at ZDNet, Sabrina Ortiz explains how shifting your business to a digital model can be challenging and shares tips to get your project back on course.

How to Avoid Digital Shift Failures

The business world has several stories of digital transformation debacles. However, you cannot let them hold your success back. Here are some specific action points to help you get your DX initiatives back on track if they are on the verge of failure.

Bring More Clarity to Your Business Case

There is no universal blueprint for how to execute digital transformation within a business. Digital transformation can mean different things to different companies, industries, and the project it is being applied to,” says Ortiz. Therefore, outline the details of the undertaken project and reevaluate the return on investment (ROI) it generates. Bring clarity to your business case by:

Being accurate in terms of cost, third-party support, and staff trainingKeeping it realistic and free from ambiguityProviding well-defined transformation goals and objectives that guide business decisions

Avoid the Rush

The rushed digital shift is often associated with poor integrations, lack of team involvement, poor decision-making, and unrealistic strategies. Furthermore, you may also turn a blind eye to the actual needs of the team and business. Therefore, know that transformation efforts take time. Experts recommend that companies start with small shifts and move on to larger ones.

Set Priorities for Digital Shift

Ensure to remove transformation initiatives that do not lead to the realization of your strategic goals. With clear direction on priorities, your employees can help you achieve your organizational goals. However, if you fail to effectively communicate your vision, it will undoubtedly lead to productivity loss.

To read the original article, click on https://www.zdnet.com/article/when-digital-transformation-goes-wrong-five-ways-to-get-back-on-track/.

The post What Steps Should You Take When Your Digital Shift Fails? appeared first on AITS CAI’s Accelerating IT Success.

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