4 reasons why transformations fail!
Transformation initiatives often fall short due to obstacles in strategy, execution and adaptation
Watch John Stretton, associate director, process automation at EDP Renewables, discuss the top challenges organizations face when implementing large-scale transformations, particularly in the realms of digital innovation and business process management (BPM).
Despite the potential for growth and improved efficiency, transformation initiatives often fall short due to recurring obstacles in strategy, execution and adaptation. Explore the four critical reasons why transformations fail and gain actionable insights into how companies can navigate these challenges to ensure successful outcomes.
Key learnings include:
- Why transformations often fail due to misalignment between strategic objectives and project execution.
- How resistance from employees can stall progress.
- Strategies for fostering a culture of openness and support for change through transparent communication and stakeholder engagement.
- The need for flexibility in transformation projects, ensuring that strategies can pivot in response to market changes, technological advancements and evolving customer expectations.