It’s a myth that digital transformations fail because of technology. In fact, they fail due to a lack of problem-solving techniques, managing work, and testing ideas. In simpler words, it’s the absence of agility across the organization.
It’s incredibly challenging to get digital transformation right. Businesses making a mistake that inhibits their agility can put them in the wrong direction and prevent their transformation from being successful.
If the transformation is sluggish and fails to deliver the actual value that is anticipated, businesses may face drastic results and may be highly unlikely to succeed. Therefore, here are some mistakes that companies should avoid if they want their transformation to become a revolution.
Technology Leadership is the Highest Priority
Nearly all companies start their digital transformation at leadership levels in the technology organization. Here is where the problem lies. Instead of increasing agility by building deeper relationships with cross-functional teams, the initiative concludes internally focused on operational efficiency. Therefore, this eventually fails in creating room for more opportunities to start a revolution.
Successful transformations usually start with technology leaders. The leaders form cross-functional leadership teams and try to enroll the whole organization with the objective to find the best new business opportunities.
This approach helps ensure the opening of doors to ideas way beyond the standard scope visible to the technology organization. The initiative is said to be more externally-facing and intensely focused on consumer needs.
Meanwhile, initiatives that are internal and operationally focused are not on the priority list. This results in a transformation that produces a noticeable impact on top-line growth.
One of the challenges every leader faces is the previous lack of opportunities to drive this kind of change across different parts of the organization.
In order to be successful, leaders must build deep, trusting relationships with their companions and members of their companies. Furthermore, having a disciplined approach towards implementing technology with excellence is helpful for long-term sustenance.
Agile Being Limited to Tech Teams
Agile can bring plenty of benefits across the organization but unfortunately, for many businesses, it is still confined to software development teams for over 20 years now. Agile is capable of streamlining operations and boosting results.
The major reason for choosing agile is that it brings agility to the team and exceptional results if the entire organization developed these capabilities.
The implementation of agile ways of working results in the increased visibility and transparency and can help the leadership team to develop the ability to find projects they weren’t aware of. Eliminating these projects and restructuring the people working on them can help them focus on more critical initiatives.
Lacking Focus on Culture
The statistics from Forbes are overwhelmingly in favor of more intentional culture development. Innumerable studies discovered that 70% of transformation efforts fail and the root cause for the failure is attributed to people and cultural challenges.
According to the BCG study, organizations that focused on culture were five times more likely to achieve breakthrough performance than those that neglected culture.
The mistakes mentioned above are pretty prevalent, but thankfully organizations can overcome them. Hence, it is critical to get it right as it fuels people, culture, and various working methods that will make their digital transformation successful.