Organizations that want to reach their goals must ensure that their business transformation efforts are successful. To do this, they must communicate a story of change that helps employees understand the organization's direction, why it is changing, and why the changes matter. Studies have revealed that successful organizations overwhelmingly use roadmaps to track their progress and adjust them as needed. A Harvard Business Review study found that 81% of successful organizations use a roadmap, and companies that regularly update their roadmap achieve their goals 63% of the time.
Unfortunately, only 16% of organizations say their digital transformation initiatives have been successful. To increase the chances of success, organizations must focus on the people aspect of their transformation and ensure that at least 7% of employees own part of the transformation. Companies must also create a compelling story that connects the benefits of change to their organizational vision and align the vision of the transformation to support their objectives. To guarantee success, organizations must create a roadmap and regularly update it.
They must also focus on the people aspect of their transformation and make sure that at least 7% of employees own part of the transformation. Additionally, they must create a compelling story that connects the benefits of change to their organizational vision and align the vision of the transformation to support their objectives. Finally, they must monitor and adjust their digital transformation strategy to ensure they are on track to reach their goals. Business transformation is a complex process, but with careful planning and execution, organizations can ensure success. By creating a roadmap, focusing on people, creating a compelling story, and monitoring progress, organizations can increase their chances of achieving their goals.