Why Digital Projects Derail – and How to Keep Them On-Track
If you were about to get on a boat or an airplane, and someone told you there was a 70% chance your journey was going to turn out very, very badly, would you still embark? Probably not. But despite launching with optimism and hope, about 70% of all digital transformation initiatives fail. Why? In our […]
Read MoreCOVID Has Amplified the Call for Agility and Collaboration
One year ago, we published Transforming While Performing: How To Create A Culture Of Innovation With Partners. Little did I realize that one year after its arrival, the book would be even more relevant than it was 12 months ago. Our intent with the book was to help establish a foundation and roadmap for modernizing […]
Read MoreWhat the World Needs Now – and Even More During the Pandemic: Chunkers
Over the past two years, when I’ve asked business, digital and IT executives what critical skill or talent they most sorely lack, I’ve gotten an unexpected response: It’s what several called “chunkers.” Not only has the pandemic increased the need for chunkers; it also requires a different set of perspectives and skills from these individuals, […]
Read MoreSurviving Digital Business Change Amid Any Crisis
Digital business change can be vexing to C-level executives, even in ordinary times. Amid a worldwide crisis such as the COVID-19 pandemic, what was once considered somewhat complex is exponentially more challenging as unforeseen issues surface. For starters, there are semantic issues. Many senior leaders dislike the word “digital” because it’s often misused (i.e., all […]
Read MoreEngineering Your Digital Strategy for Business Success (First of a Multi-Part Series)
IDC estimates that 40% of all technology spending will be applied to “digital transformation,” with enterprises spending nearly $2 trillion by the year 2022. The trouble is, few businesses understand how to maximize their investment while also keeping the business at peak performance. Additionally, companies don’t always explore all the ways that services, processes and […]
Read MoreAvoiding an Incomplete Digital Transformation
A few weeks ago, I hosted an event in New York City in which clients were asked to discuss their digital journeys so far. Some shared their wins: A retail client proudly described how, in its efforts to implement an omnichannel experience, it changed every process of a business lifecycle across an entire division. Another […]
Read MoreWEF 2018: Davos, Data, Palantir and the Future of the Internet
At any other time of year, few people walking past Kramers Wine & Design store on the Promenade in Davos would guess it would become the temporary home for a discussion that’s central to one of the most important – and intractable – issues of our modern age. But during the World Economic Forum’s Annual […]
Read MoreDigital Without Purpose Will Fail
According to industry estimates, roughly 80% of digital initiatives ultimately fail. The reasons for these failures-to-launch abound: a risk-fearing culture, the paralysis of shifting regulations, the bog of legacy systems, and the list goes on. Nothing, however, will kill a digital transformation effort more assuredly than the failure to define a purpose. Simply put, without […]
Read MoreWEF 2018: Laying the Groundwork for the First Industrial Evolution
At last year’s annual gathering of the World Economic Forum in Davos, there was a palpable sense of shock and disbelief at recent events in the UK (Brexit) and the U.S. (Donald Trump’s election as President). A discomforting wave of disruption greeted every Davos man/woman, which few had seen coming. At this year’s conference, […]
Read MoreTo Digitally Transform, Think Like Clive Davis
If you’re a music fan, you probably know the name Clive Davis. If you’re not though – and heaven help you – Clive Davis is one of the most successful music producers and record industry executives of all time. He’s worked with a who’s who of rock and pop musicians, from Janis Joplin to Rod […]
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