Unlocking Success in Digital Transformation – McKinsey & Company Research Paper
Years of research on transformations has shown that the success rate for these efforts is consistently low: less than 30 percent succeed. This year’s results suggest that digital transformations are even more difficult. Only 16 percent of respondents say their organisations’ digital transformations have successfully improved performance and also equipped them to sustain changes in the long term. An additional 7 percent say that performance improved, but that those improvements were not sustained. So what are the main success factors for digital transformation initiatives?
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