156. Why most digital transformations fail

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

  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 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.

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Jaksot(318)

317. From Excel spreadsheet to AI company: the non-technical CEO's playbook

317. From Excel spreadsheet to AI company: the non-technical CEO's playbook

A non-technical CEO built a mobile network, then transformed a startup into an AI company. Here's exactly how he did it — and what he learned about investors. Peter Scott has done things that most peo...

19 Elo 31min

316. What makes a great tech product? Product thinking for non-techies

316. What makes a great tech product? Product thinking for non-techies

Did you wake up today thinking that you really want to use a cup? No! Because you are not insane. You woke up thirsty, and then used a cup. That distinction sounds obvious. But many founders and inves...

12 Elo 15min

315. What non-technical founders need to know before building with AI

315. What non-technical founders need to know before building with AI

The number of non-technical founders running billion-dollar companies increased four times between 2013 and 2023. Not because the technology got easier — though it did. But because investors finally f...

5 Elo 40min

314. 4 ways non-technical founders get stuck

314. 4 ways non-technical founders get stuck

Many non-technical founders don't lose money in one big mistake — they lose it in four small stuck points that all feel completely reasonable at the time. In this episode, Sophia walks through the fou...

29 Heinä 20min

313. Nvidia's most valuable asset is not on its balance sheet

313. Nvidia's most valuable asset is not on its balance sheet

What is Nvidia actually worth? You could look at their factories, their hardware, their staff. But their most valuable assets — the patents, the processes, the institutional knowledge — don't appear a...

22 Heinä 15min

312. How competitive advantage changed in the age of AI

312. How competitive advantage changed in the age of AI

If building products isn't your competitive advantage anymore, then what is? Listen to this episode to find out. AI means that everyone can now build (and everyone can copy). So to succeed today, you ...

15 Heinä 17min

311. The one metric that tells you if you're really winning

311. The one metric that tells you if you're really winning

You can hit your financial goal and destroy your business. You can be surrounded by fans, but none of them become customers. This is demoralising, and it happens when you're measuring the wrong thin...

8 Heinä 21min

310. Product thinking and personal brand: why you need both to win

310. Product thinking and personal brand: why you need both to win

You can be invisible with brilliant ideas. Or you can be everywhere with nothing worth saying. Neither works. In the age of AI, the barrier to building things has collapsed. The tools exist. The acce...

1 Heinä 23min

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