It’s important to note that although these companies failed on their initial digital transformation efforts, they were able to make adjustments to succeed in the future. If the company is not able to show any of these, it is probably not even digitally transformed. To be successful, digital transformation needs to be integrated into the company. You need a Single Account for unlimited access. It must consider all outside factors and be tightly tied to strategy. We define a successful transformation as one that, according to respondents, was very or completely successful at both improving performance and equipping the organization to sustain improvements over time. Common failure modes in large-scale improvement programs 4 Business results Time People involved 10s 100s 1,000s 1-3 years Failure to launch Stuck in diagnostics – leaders unable to align on what to do, where to start Managers not held account- able for performance Employees resistant Failure to sustain No change in day-to-day behaviors Change agents – not the line – leading the … A staggering 70% of digital transformations fail. The issues arose when the new segment wasn’t integrated into the rest of Ford. by . ", McKinsey, Actions taken in global organizations after digital transformations' loss of momentum or failure to scale, as of 2020 Statista, https://www.statista.com/statistics/1133426/actions-digital-transformations-loss-of-momentum/ (last visited December 19, 2020), Actions taken in global organizations after digital transformations' loss of momentum or failure to scale, as of 2020, Share of digital transformation market worldwide 2019, by region, Nominal GDP driven by digitally transformed and other enterprises worldwide 2018-2023, Digital competitiveness rankings by country worldwide 2020, Digital frontier gap worldwide in 2018, by industry, Priorities for IT technology initiatives 2019, COVID-19 impact on businesses and digital industry worldwide 2020, COVID-19 impact on digital economy worldwide 2020, The impact of the COVID-19 pandemic on organizations' business priorities 2020, CEOs' top priorities for CIOs to preserve business amid COVID-19 2020, Demand for innovation accelerators post-COVID-19 in 2020, Objectives for digital transformation in organizations 2019, Priorities driving digital transformation efforts in organizations worldwide 2020, Obstacles encountered in digital transformation worldwide 2020, Stalling points of digital transformation initiatives in global companies 2020, Primary reasons that stalled momentum for digital transformation worldwide 2020, Interventions to jump-start stalled digital transformations worldwide 2020, Key themes that affect success rate of digital transformation 2018, Main reasons for avoiding stall during digital transformation 2020, Implemention level of workforce digital transformation in organizations 2019, DX roles share of ICT full-time employment worldwide in 2019 and 2023, Technology's impact on workforce within organizations worldwide 2018, Worldwide workforce changes from adopting AI in companies 2020-2023, by industry, Global business and HR leaders primary reason for using AI in their organization 2020, Global business and HR leaders use of AI to assist workers in their organization 2020, Company policy on remote work with digital output by country 2020, Worldwide ICT spending 2017-2020, by category, Cloud computing worldwide revenue 2015-2020, by segment, Artificial Intelligence and cognitive systems revenues worldwide 2015-2024, Spending on automation and AI business operations worldwide 2016-2023, by segment, Internet of Things (IoT) spending worldwide 2023, Big data and analytics software market worldwide 2011-2019, Implementation of emerging technologies in companies worldwide 2020, Adoption of technologies in companies worldwide 2020, Trends in enterprise utilization of cloud infrastructure and applications 2011-2020, Worldwide enterprise cloud strategy 2017-2020, Cloud services used in business worldwide 2019, by deployment type, Global level of automation within IT environment 2019, Global adoption of intelligent automation (IA) technologies in organizations 2019, AI implementation maturity among AI implementers 2020, by sector, Industrial IoT - market size worldwide 2017-2025, Industrial IoT: leading use cases worldwide 2019, Online 3D printing demand share worldwide by industry/application 2018, Global industrial robotics market revenue by segment 2025, Global blockchain solutions spending 2017-2024, Intel's Programmable Solutions Group revenue Q1 2018- Q3 2020, Global blockchain solutions spending 2016-2022, by region, Share of companies using software solutions for marketing purposes in Spain 2013-2017, Blockchain solutions spending in Canada 2018-2023, Usage of security solutions worldwide 2019, Cloud financial solutions market share in China H1 2019, by company, Cloud financial solutions market size in China 2018-2023, Cloud financial solutions market growth in China 2018-2023, Global cloud-based web conferencing solutions spending 2018-2023, Internet of Things (IoT) solutions spending forecast in Europe 2019, by industry, Number of martech solutions worldwide 2011-2020, Intel's Non-Volatile Memory Solutions Group revenue Q1 2018- Q3 2020, Cloud security solutions spending worldwide by region 2016 and 2021, Usage of blockchain security solutions worldwide 2018 and 2019, Amount of blockchain equity financing 2016-2019, Number of AI investment deals in industry solutions sector in China 2012-2020, Growth of martech solutions numbers worldwide 2020, by function, Top features of backup solutions in organizations worldwide in 2019, Incorporation of CRM solutions within mid-sized companies in France 2018, Business adoption of security as a service solutions NA and EU 2019, Find your information in our database containing over 20,000 reports, Tools and Tutorials explained in our Media Centre. 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