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TRENDING
NEARLY HALF OF
C-SUITE EXECS LAUNCH
TRANSFORMATION INITIATIVES
WITH NO CLEAR STRATEGY
With the abundance of new technologies regularly being
introduced to the market, it is important that business leaders are
aware of what they are implementing and how it will affect their
IT infrastructure. Unfortunately, this is not always the case and
industry experts explore the consequences.
N
ew research released by Celonis
has found that despite significant
pressure to embark on transformation
initiatives which enable greater productivity,
improve customer service and reduce costs,
most businesses remain unclear on what
they should focus on. The results showed
that almost half of C-suite executives (45%)
admit they do not know where to start when
developing their transformation strategy. The
Celonis study explores how businesses are
approaching transformation programmes, as
well as the disconnect between leadership and
those on the frontline.
The survey of over 1,000 C-suite executives
and over 1,000 business analysts found that
www.intelligentcio.com
many organisations have wasted significant
resources on business transformation
initiatives that have been poorly planned.
In fact, almost half (44%) of senior leaders
believe that their business transformation
has been a waste of time. With a quarter
(25%) of businesses having spent over
£500,000 on transformation strategies in the
last 12 months, many organisations run the
risk of incurring huge costs with no return.
Top-down strategies are
stunting results
It’s no wonder that transformation initiatives
aren’t hitting the mark because business
leaders are not using the expertise of
“
ALMOST HALF
(44%) OF
SENIOR LEADERS
BELIEVE THAT
THEIR BUSINESS
TRANSFORMATION
HAS BEEN A
WASTE OF TIME.
INTELLIGENTCIO
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