A digital transformation can occur at any time. However, it works best on established business processes that are having difficulty scaling with the current technology in place.

All firms are limited by the talent they have on hand to perform a transformation. The large majority of the staff performing digital transformations are likely not dedicated to continuous transformation and leading change in a dynamic market. Having outside experts come in allows your firm and it's leader to have a different point of view and bring new ideas in to expand what capabilities a business is leveraging.

There's a lot of ways any transformation can go wrong. A major reason is the vision of what success looks like is not being clearly defined. Another big reason is the transformation is not clearly structured in a way to manage the many unknowns the organization will face.