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Industrial Digital Transformation

You're reading from  Industrial Digital Transformation

Product type Book
Published in Nov 2020
Publisher Packt
ISBN-13 9781800207677
Pages 426 pages
Edition 1st Edition
Languages
Authors (4):
Shyam Varan Nath Shyam Varan Nath
Profile icon Shyam Varan Nath
Ann Dunkin Ann Dunkin
Profile icon Ann Dunkin
Mahesh Chowdhary Mahesh Chowdhary
Profile icon Mahesh Chowdhary
Nital Patel Nital Patel
Profile icon Nital Patel
View More author details
Toc

Table of Contents (15) Chapters close

Preface 1. Section 1: The "Why" of Digital Transformation
2. Chapter 1: Introducing Digital Transformation 3. Chapter 2: Transforming the Culture in an Organization 4. Chapter 3: Emerging Technologies to Accelerate Digital Transformation 5. Chapter 4: Business Drivers for Industrial Digital Transformation 6. Section 2: The "How" of Digital Transformation
7. Chapter 5: Transforming One Industry at a Time 8. Chapter 6: Transforming the Public Sector 9. Chapter 7: The Transformation Ecosystem 10. Chapter 8: Artificial Intelligence in Digital Transformation 11. Chapter 9: Pitfalls to Avoid in the Digital Transformation Journey 12. Chapter 10: Measuring the Value of Transformation 13. Chapter 11: The Blueprint for Success 14. Other Books You May Enjoy

Indicators of failure

Failed transformations can take many forms. They can include individual projects that do not achieve the expected business value or those that never reach completion and must be restarted. Failed transformations can have more dire results, causing a company to lose its competitive advantage with an entire product line, or even an entire company to file for bankruptcy. Failed transformation efforts, and the collapse of whole companies due to these failures, can provide us with valuable lessons. Let's look at the leading indicators of Industrial Digital Transformation (IDT) failures in the following sections.

Lack of an industrial digital transformation strategy

Did the organization develop a strategy for transformation, or it is still a collection of proof of concepts? Let's list some of the reasons that a conversation about IDT might begin in a company:

  • To check the box in an annual report or a PR event that the company had an active digital...
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