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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