Thoroughly Modern: Digital Modernization, But Not At Any Cost
May 11, 2020 Daniel Crépeau
There is a lot of discussion around digital transformation, and for good reason: Digital companies are typically 26 percent more profitable than those that don’t have digitized and transformation management capability. However, according to a recent study conducted by Harvard Business Review, even though businesses spent $1.3 trillion on digital transformation last year, 70 percent of those investments went to waste.
Organizations don’t have the resources or budget to take on large-scale transformation projects that are doomed to fail. In most cases, resources are limited even though the very future of these companies depends on the success of these …
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