3 ‘Must-Dos’ for Addressing Digital Transformation Challenges

3 ‘Must-Dos’ for Addressing Digital Transformation Challenges

Digital transformation projects are crucial, with global spending projected to hit $3.4 trillion by 2026. However, they often fail at a rate of about 70%. To enhance success:

  • Employee Buy-in: Acknowledge concerns and establish a change management team to communicate benefits transparently.
  • Identify Processes and Tools: Form a digital transformation office to establish metrics, workstream lifecycles, data capture, and tool selection.
  • Implement a Single Source of Truth: Maintain a centralized platform for real-time updates, ensuring data consistency.

These steps significantly improve success rates and ROI. Learn more from Sopheon’s Acclaim Projects webinar.

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