Recent research tells us that up to 70% of Digital Transformation project are failing, and this article from The Enterprises Project provides some good insights into why this is happening.
This is deeply concerning because, not only is this costing money, but also, almost all organisations today need digitalization in order to survive and thrive in a fast-changing digital world.
Digitization and digitalization are the great changes of the 21st century so far. From the way people shop and how they communicate with one another to various types of media entertainment or working methods, this change is not only unstoppable, but it’s accelerating.
Clearly-defined goals and the path to achieve them are essential for successful transformation management. This is exactly where the OKR Framework comes in.
At TalentAlign OD, we implement the OKR Framework to make the introduction of new tools or the digitization and digitalization of existing processes easier for everyone in the organisation. The OKR Framework enables the five critical activities that organizations need to do in times of accelerating change:
- Shorten the decision time-frame
- Take smaller decisions more often
- Focus on “what matters”
- Take a holistic View and
- Facilitate – don’t manage!
Don’t wait to fail, talk to us now about communicating and tracking your transformation goals effectively.
For more information on the OKR Framework, visit our KnowledgeBase.