Digital transformation has come a long way from being a buzzword to becoming imperative for business success. However, digital transformation failures continue to plague many businesses, even as their organizations invest heavily in transformation efforts.
In a comment in Tech Target, Nitish Mittal, Partner at Everest Group, said that he sees many digital transformation initiatives struggle due to a lack of executive sponsorship. “Digital transformation initiatives, especially the major ones, need executive sponsorship, syndication, and backing,” he said.