Digital technology has unleashed many trends that will fundamentally transform enterprises, industries and even society as a whole. An enterprise digital transformation program demands that business and top leaders harness the efforts of all, continually aligning them with the journey’s objective and driving them toward that objective.
Eighty-two percent of CEOs responding to our annual CEO Survey said they have a digital transformation program underway to make their companies more digital. However, the survey also showed a lack of business model change penetration and other indicators, which causes us to think that many of these digital transformation initiatives may not be sufficiently deep corporate transformations.
Digital transformation success needs to operate at three levels — corporate governance, management, and execution — but we have seen companies make mistakes at all three levels that will frustrate transformation. Knowing where those mistakes may happen can help enterprises avoid falling into these traps.
The original article by Mark Raskino, distinguished vice president analyst at Gartner, is here. The views and opinions expressed in this article are those of the author and do not necessarily reflect those of CDOTrends. Photo credit: iStockphoto/hatman12