Digital transformation in banks: why big projects fail

FintechBy: Farzad Didehbaz2 min readSource: IBENA
Digital transformation in banks: why big projects fail

1Introduction

Many transformation programmes start with big budgets and multi-year plans, then stall when leadership or priorities change.

2Discussion

A common cause is buying technology without redesigning processes — digitising an inefficient process only makes it fail faster.

3Conclusion

A better approach: start from a concrete customer problem, ship a first version in weeks, measure, and expand gradually, involving staff from day one.

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Sources

  1. IBENA ↗
  2. Way2Pay ↗
همفکران فناوری شریفThis article summarises the official sources cited, prepared by the Hamfekran Fanavari Sharif team for finance leaders.
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