156. Why most digital transformations fail

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  ----- Come to Sophia Matveeva's next FREE class: Power in the Digital Age, 28 June 2023 You will learn How tech changed power dynamics in business What it takes to become & stay powerful in the Digital Age Examples of how people have used these dynamics to succeed   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 info@techfornontechies.co   Say hi to Sophia on Twitter and follow her on LinkedIn. Following us on YouTube, Facebook, Instagram and TikTok will make you smarter.   

Om Podcasten

Tech for Non-Techies helps Business Leaders have great careers in the Digital Age. Listen to learn tech concepts, apply them to business strategy, and get practical advice on how to succeed as a Digital Leader today. Hear interviews with entrepreneurs, investors, digital transformation leaders and Big Tech executives about how tech products and profits get made. Tech for Non-Techies is for: - Leaders in corporates going through digital transformation - Non-technical founders - Professionals who want to transition into a career in tech - Tech investors Hosted by tech entrepreneur, executive coach and Chicago Booth MBA Sophia Matveeva. Sophia has Sophia has contributed to the Harvard Business Review, Financial Times, The Guardian and Forbes on entrepreneurship and technology. She has also guest lectured at the University of Chicago, London Business School, and Oxford University and many more.