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According to some studies, 70% to 95% of digital transformation initiatives fail. With such a high risk of failure, it can be daunting for leaders to initiate and implement digital initiatives that cost time and money.
HR must be prepared to navigate their organizations through potential challenges and resistance typically provoked by such profound changes and these require a deep awareness and understanding of the people and processes.
There are ways to lessen the risk of failure and that is through teaching your team resilience while managing change by practicing proper change management.
Change management is at the heart of successful digital transformation. It prepares employees for change, structures how to clearly communication the advantages of the digital transformation, focuses on the provisions for continual support of the management and the employees to continue embracing new technologies and processes, and teaches leaders how to cultivate a culture that encourages learning and adaptation, and provide the necessary resources and support.
A successful transformation, be it digital or any other, calls for a clear vision of the future, alignment of technology with business objectives, and a nurturing culture that promotes continuous improvement and innovation.
Every moment in our lives, something changes. Be it in the form of new innovations or global pandemics, change is everywhere. With no time to slow down, how do you stay afloat in such uncertain environments?
Humans are found at the heart of every change, ranging from the ones driving change to the ones impacted by change.
At the same time, organizations are accelerating their digital transformation strategy and approach for long-term growth and profitability. Yet: “53% of the organizations surveyed remain untested in the face of digital challenge and their digital transformation readiness therefore uncertain.”
Dr. Chartier is the Principal of HRinfo4u, a human resource consulting firm, and a well-known educator and speaker. As a consultant, he works with organizations to improve the effectiveness and efficiency of their human resource function. He has worked extensively in designing, developing, and implementing human resource programs, procedures, and systems for smaller and mid-size firms up and down the Hudson Valley.
Greg is a thought-provoking professional speaker and his wisdom and insights into management and leadership make him an electrifying speaker and seminar leader. His seminars are customized to reinforce the company mission, vision, values, and culture and the content is practical for team leaders, managers, supervisors and executives alike.