Episode 1

Why 70% of Digital Transformations Fail – And How to Succeed

Published on: 4th April, 2025

In this first episode of Impact with Digital, host Jay Tikam, CEO of Vedanvi, reveals the shocking reason 70% of digital transformation projects fail, and what separates the successful 30%.

Through a powerful case study of a mid-sized bank’s failed AI chatbot rollout, Jay uncovers how hype, poor stakeholder alignment, and a lack of research can derail even the most well-funded initiatives.

Learn how to adopt a stakeholder-first approach, prioritise effectively, and build transformation strategies that actually work.️

Main Topics Covered

●Why most digital transformations fail (and the cost)

●A real-world Case Study of a failed AI rollout

●The dangers of tech-led vs. needs-led innovation

●Stakeholder mapping: customers, staff, executives, regulators

●How to properly research, test, and iterate before scaling

●The three-part framework: Listen. Learn. Transform.

●Why innovation starts with understanding pain points—not hype️

About Jay

Jay Tikam is the CEO of Vedanvi and the host of Impact with Digital

With decades of experience in helping organisations adopt digital strategies that drive real world results, Jay brings sharp insight and practical frameworks to help leaders transform with clarity and confidence.

Connect with Jay - Linkedin

Learn more at Vednavi.com

Looking to audit your digital strategy before it fails?

Explore Vedanvi’s Digital Transformation Audit & Rescue Program:

www.vedanvi.com

Additional Resources

● McKinsey: 70% of digital transformations fail

● Statista on global digital transformation spend

● Vedanvi’s blog: Digital Transformation Strategy

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About the Podcast

Impact with Digital
Innovating, Adapting, and Succeeding in the Digital Age
Impact with Digital, hosted by Jay Tikam, explores the strategies and insights behind successful digital transformations in the financial services and public sectors. Each episode features expert-led discussions on how businesses can adapt to the digital age by focusing on people-first strategies, rather than just technology. From practical advice on frameworks like the SWIFTER model to in-depth case studies, Jay and his guests share real-world experiences and lessons on how to achieve sustainable change. Whether you're navigating digital transformation or seeking to understand its impact, this podcast offers valuable perspectives for leaders and decision-makers.

About your host

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Jay Tikam

Jay Tikam is the visionary host of Impact With Digital and the CEO of Vedanvi, a strategic advisory firm that helps companies achieve high-impact digital transformations. With a global career spanning over two decades, Jay has worked with financial institutions, scale-ups, and regulatory bodies across both developed and emerging markets.

Renowned for cutting through digital hype with clarity, Jay brings a unique perspective that blends strategy, stakeholder-centric thinking, and actionable insight. He’s passionate about helping CEOs and boards move beyond buzzwords—like "digital-first mindset" or "culture change"—to make smarter, high-ROI digital decisions. Through his stakeholder-first framework and deep experience with transformation audits, he equips leaders to avoid the 70% failure rate that plagues most digital initiatives.

Whether he’s unpacking billion-dollar missteps or highlighting real-world case studies, Jay's mission is simple: empower business leaders to listen, learn, and lead meaningful transformation that creates lasting impact—for the business, its people, and society at large.