156. Why most digital transformations fail

big tech business strategy digital transformation innovation Jun 20, 2023

According to McKinsey, 70% of digital transformations fail to meet their goals. And yet, these multi-million dollar projects remain a priority for every major CEO. 

In this episode, you'll learn from Matthew Domo about why these projects fail and what to focus on to make them succeed. (Clue: it's not the tech).

Matt is one of the founders of Amazon Web Services and a pioneer in the cloud computing space.
He has created nine cutting-edge cloud products and seven e-commerce website solutions,
generating significant revenue streams for Amazon, Microsoft, and Rackspace. 

Matt was recognized by USA Today as one of theTop 9 Most Exciting Entrepreneurs of 2021. Today, Matt is CEO of FifthVantage, a digital transformation consultancy.

In this episode you will learn:

  • Why digital transformations fail and what to focus on to make them succeed
  • What cloud computing is and why it's important
  • How cloud computing was invented at Amazon 

 

Listen here on Apple Podcasts

Listen here on Spotify

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Come to Sophia Matveeva's next FREE class:

Power in the Digital Age, 28 June 2023

You will learn

  1. How tech changed power dynamics in business
  2. What it takes to become & stay powerful in the Digital Age
  3. Examples of how people have used these dynamics to succeed  
  4. What one key step to take towards a powerful career

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