DX Done Right 52: Digital Mindfulness: Being Digital Instead Of Doing Digital | S01E52

Part 1: 5 Reasons Your Employees Don’t Understand Your Company’s Vision.

Leadership teams often spend hours wordsmithing their business’ vision, mission, and strategy, only to hear employees complain, “We don’t have a north star. ” Executives are often surprised by this feedback of a lack of an aspirational vision and immediately spend more time trying to craft the perfect statement. This mistaken approach makes scant progress in clarifying their people’s perception of a clear path forward.

Part 2: Digital Mindfulness: Being Digital Instead Of Doing Digital.

This saying, often misattributed to Mahatma Gandhi but actually penned by Arleen Lorrance in her book, The Love Project, encapsulates the difference between doing digital stuff and being a digital business.

Part 3: Five Digital Transformation Hurdles In Financial Services And How To Avoid Them.

Seventy-three percent of digital transformations fail to produce sustained ROI. At least, that’s what a 2018 study found. It’s an astounding figure considering that at the same time, companies are investing more in upgrading their digital offerings. According to a survey of over 2,500 organizations, 97% of company heads said the pandemic accelerated their digital transformation. By 2025, it is estimated that digital transformation will be worth over $1 trillion, up from $470 billion in 2020.

—

This episode is sponsored by
· Anchor: The easiest way to make a podcast. https://anchor.fm/app

Support this podcast: https://anchor.fm/maifors/support