Why 70% of Digital Transformation Projects Fail — And How Swanhans Ensures Success
Every company demands the latest technology. But they seldom ask themselves, “How do we make it work in our system?”
Why projects fail
— They invest in technology that is not needed i.e the ones that do not serve their business goals. There are numerous technologies out there for every purpose. But businesses need to select the ones that suit their own.
— Digital transformation is not the same as upgrading the available technologies. It is to revolutionize the business processes and the systems as a whole.
Businesses often overlook this point.
— Businesses forget that technology adoption has to be people-centric. It is they who would use the technology. Guiding them in this regard while keeping in mind the cultural aspect of things is a crucial factor.
Businesses should ask themselves following question
- How to blend technology with humans? Are we ready to co exist?
- What process are we mimicking?
- What are desired outcomes Or targets of each process?
- How these outcomes impact other process, people and department?
- What is priority order of transformation department wise or process wise?
When technology, people and processes come together in a proper manner, it leads to transformation.
Digital transformation for organizations is afterall improving productivity, enhancing Intelligent way of work. It is not just about having tools or softwares.
If the adoption of this transformation leads to enhanced results in business then only one can say that it has been effective throughout.
This can be ensured by the application of Systems Thinking, transformation approaches like Lean Six Sigma and Industry 4.0 roadmaps.
At Swanhans, our mission is to provide scientific, data-driven, and sustainable solutions that help organizations bridge the above gaps.
We blend product architecture, process excellence and business transformation into an effective roadmap. This ensures that companies do not just have a new technology but integrate it in their culture, people and truly reap the benefits.
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