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


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


We love hearing from our readers and listeners. So if you have questions about the content or working with us, just get in touch on [email protected]


Say hi to Sophia on Twitter and follow her on LinkedIn.

Following us on YouTube, Facebook, Instagram and TikTok will make you smarter. 


Sign up to our mailing list!

Be the first to hear about offers, classes and events