“Despite the abundance of digital and analytics transformations underway across the business landscape, few companies are achieving the results envisioned. Our latest McKinsey Global Survey on the topic confirms that the rate of success is alarmingly low. About eight in ten respondents say their organizations have begun digital transformations in recent years, but just 14 percent say their efforts have made and sustained performance improvements. What’s more, only 3 percent report complete success at sustaining their change.”

McKinsey experts provide tips for insuring successful DX initiatives; clear set of objectives, bold strategy, adaptive design and agile execution are the key recommendations provided.

The article: Five moves to make during a digital transformation