• 70% of Organisations have, or are working on a Digital Transformation Strategy.
• All have one or more of the following aims 1. Product Leadership 2. Operational Effectiveness 3. Customer intimacy.
• Digital Change and Transformation is about Business and Organisation Change, enabled by technology.
• 70% of Digital Transformations fail to meet their Objectives. This figure is worse if the organisation does not have high tech competence
• The Three main causes of Failure are:
Lack of Clear understanding & definition of what Digital and the economics of Digital means for their business.
An over focus on managing the technology aspects of transformation rather than the Business & Operations aspects.
Failure to identify and manage the organisations Capabilities required to leverage technology enabled business and operational transformation.
Dynamic Systems Maturity Theory (DSMT) tell us that an organisations 'Digital' performance, practices and ability to change are determined by its existing Capability Maturity Level (Functioning Level). The starting point for any organisation Digital Change or Transformation needs to be based on a solid understanding of the existing Digital Business Capabilities and the creation of a Roadmap for building new Digital Capabilities and/or Improved Digital Capability Maturity Levels as an integral part of the organisations Digital Change, Improvement & Transformation Plan.
The Digital Maturity Index (DMI) Reference Model and Maturity Assessments, not only provide that starting point, but also the guides and check,s along the way to ensure, throughout the organisation the appropriate Capabilities to support the Digital Business Aims & Ambitions are developed.
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