40% of digital innovation work is wasted. Put another way: Only 60% of digital investments drive value. Uncover the root cause – and five actions for leaders – with new research by Economist Impact, commissioned by Planview.
Digitalization is imperative. Yet waste is rampant from decision making to delivery. New research shows how to maximize the return on digital investments.
Why It Matters: Economist Impact, commissioned by Planview, undertook a global survey in April and May 2023 of 600 executives across seven countries and six industries. Here’s what they said.
By the Numbers:
- Just 14% are confident in their decision-making governance.
- 85% say their organization’s ability to change falls short.
- 84% recognize the need to improve data-driven decision making.
Go Deeper: The findings address the common disconnects in strategy implementation that trigger failure in critical initiatives. Read Bridging the Gap: Turning Strategy into Reality to learn the implications for leaders, including five recommendations for advancing strategy to thrive in the digital age.
