Digital Transformation Is 80% EQ And 20% IQ (Forbes)

When it comes to digitizing your organization, technology is only part of the story.

As a tsunami of digital transformation washes over the corporate world, executives struggle with the fact that—despite their best technical planning and execution—70 percent of change initiatives fail. Why? A key problem is that we fixate on the technological aspects of digital transformation, which, broadly speaking, is the process of organizing work so that people and technology work better together. We believe that deploying new technology will, by its sheer novelty and technical capabilities, drive meaningful business outcomes. But in a famous line attributed to management consultant Peter Drucker, culture eats strategy for breakfast. We need to focus on the very heart of the organization—its people, those who drive the change and those affected by it. Click here to read full article