The Secret to a Successful Digital Transformation

It’s no secret that digital transformation has become a necessity for businesses to gain a competitive edge. No company is able to avoid the undeniable push towards digital transformation. With increasing customer expectations, the ability to get processes done faster and more efficiently has never been more important. From AI to automation, executives are looking to maintain or increase their investments, yet these digital transformation initiatives move very slowly throughout a company and oftentimes end without meeting the envisioned goal of success.

Despite the allure of true digital transformation — being able to uncover additional sources of revenue, increasing the speed of existing processes, and decreasing costs associated with rework- there is a very slow adoption rate throughout businesses. It’s been found that nearly half (45%) of C-suite executives admit that they are unsure about where to start when developing their transformation strategy. This is a large issue when it comes to starting any large business initiative. With nearly half of C-suite executives leading a digital transformation with no clear direction, it’s no surprise to find out that many of these transformation efforts result in little to no results because of the unclear guidance from top level.

When starting an automation initiative there are different questions that come with starting the project. What process should be a candidate? What will its value be? How much time will we really be saving? Without the proper tools…