Since the inception of the digital era, a disturbing reality has emerged: implementation success rates of digital transformation are lower than ever before. Less returns from over $1.4 Tn spent in 2023 alone in digital transformation – a spend number that dwarfs transformation spend in any previous year.
Why? And can anything be done?
The benefits of scenario-based execution
Compared to the pre-digital era, implementation leaders and teams in today’s environments face two additional challenges: the increasing pace of technology disruptions which occur more haphazardly and frequently. And second, the need to shift to more pro-active vs reactive implementation capabilities to keep pace with the pace of change.
What implementation teams need is autonomous, pro-active, real-time team decision-making support. With digital technologies, these techniques are not only possible, they have been proven to work. And more importantly, acquiring these capabilities is actually available to any team.
Our white paper on improving benefits from transformation examines this approach in detail including:
- Setting the record straight on implementation failure
- Defining the challenge of implementation in the digital era
- Exploring a digitalized approach to implementation
- Developing success-based implementation capabilities