Important BCG Study reported in MIT Sloane Management Review details five critical success factors (CSF) in successful digital transformation.

  1. Efficiency AND investor expectations are key to short-term success i.e. cost-cutting is not enough
  2. Revenue growth primary driver long-term success
  3. Long-term strategy AND R&D investment vital
  4. New, external leadership improves odds of success
  5. Formalised transformation programmes helpful on;y as long as they have sufficient scope and scale

Wise to look at the detailed evidence that supports these and check your transformation projects against these CSFs