As digital disruption continues to reshape industries, businesses are transforming, the nature of work is changing, and leadership roles are evolving. However, the stakes are high. Despite the enormous pressure to stay ahead of the competition, more than 80% of digital transformations across the globe fail1.

The problem is not the new technologies or systems themselves. Most digital transformations fail because of inadequacy in the digital readiness and savviness of the people. Only 9% of organizations believe that they have leaders with the right skills to thrive in the digital economy2. In order to succeed in navigating digital disruption, business leaders must set a tone of agility and be digitally savvy. Effective digital transformation, thus, must start from leadership transformation.