The primary problem that afflicts initiatives is the knowledge gap in leaders’ understanding of the nature of the transformation journey and what it requires. The usual focus of discussion among leaders at the outset of a major transformation is “Can we do it?” This is the wrong question. Most companies attack the digital transformation challenge by using the same methodologies and tools they used in other change programs plus implementing new digital technologies. A much more aggressive change management effort is required for digital transformation and breakthrough performance. Funding the journey and managing the journey requires a flexible approach.

Source: Forbes September 22, 2017 21:31 UTC