The most important reasons behind the smooth implementation of digital transformation initiatives include strong commitment to the transformation and clarity on the transformation’s strategy, with 24 and 19 percent of survey respondents reporting them as the success factors.
Reasons that global organizations have avoided stalls when undertaking digital transformations, as of 2020
Characteristic
Share of respondents reporting no loss of momentum*
*Question asked only of respondents who said their organizations' digital transformations or major digital investments did not stall or fail to scale.
**For example, the market outperformed in an area where the organization had placed its bets, or there was a significant economic upturn.
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McKinsey & Company. (March 6, 2020). Reasons that global organizations have avoided stalls when undertaking digital transformations, as of 2020 [Graph]. In Statista. Retrieved November 22, 2024, from https://www.statista.com/statistics/1133431/reasons-organizations-avoided-digital-stall/?tag=bizzopedia
McKinsey & Company. "Reasons that global organizations have avoided stalls when undertaking digital transformations, as of 2020." Chart. March 6, 2020. Statista. Accessed November 22, 2024. https://www.statista.com/statistics/1133431/reasons-organizations-avoided-digital-stall/?tag=bizzopedia
McKinsey & Company. (2020). Reasons that global organizations have avoided stalls when undertaking digital transformations, as of 2020. Statista. Statista Inc.. Accessed: November 22, 2024. https://www.statista.com/statistics/1133431/reasons-organizations-avoided-digital-stall/?tag=bizzopedia
McKinsey & Company. "Reasons That Global Organizations Have Avoided Stalls When Undertaking Digital Transformations, as of 2020." Statista, Statista Inc., 6 Mar 2020, https://www.statista.com/statistics/1133431/reasons-organizations-avoided-digital-stall/?tag=bizzopedia
McKinsey & Company, Reasons that global organizations have avoided stalls when undertaking digital transformations, as of 2020 Statista, https://www.statista.com/statistics/1133431/reasons-organizations-avoided-digital-stall/?tag=bizzopedia (last visited November 22, 2024)
Reasons that global organizations have avoided stalls when undertaking digital transformations, as of 2020 [Graph], McKinsey & Company, March 6, 2020. [Online]. Available: https://www.statista.com/statistics/1133431/reasons-organizations-avoided-digital-stall/?tag=bizzopedia
