According to RGP’s recent survey of over 200 financial decision-makers, nearly half (47%) reported that their organization’s CEO plays a pivotal role in driving digital transformation. But it doesn’t stop there—CFOs (36%), CHROs (25%), and other executive leaders (32%) are also taking active roles, recognizing that transformation requires a shared vision and coordinated effort.
And it’s not just about technology. One-third of respondents (35%) noted that finance functions are gaining influence over strategic decisions, with increasing involvement in AI implementation (55%) and technology migrations (52%). As the responsibility for workforce planning and enterprise-wide transformation grows, the need for a unified approach among executive leaders has never been more critical.
This week’s focus? How a collaborative C-suite can help organizations tackle the challenges of digital transformation. Let’s see how your organization measures up.
Why Today’s C-Suite Needs to Align on Digital Transformation
When it comes to digital transformation, fragmented strategies and isolated efforts are often the biggest barriers to progress. In 2022, Walmart poured $3.5 billion into modernizing its supply chain, leveraging automation and AI to anticipate demand, optimize logistics, and elevate customer experience. While this initiative was driven from the top, it relied heavily on the insights and coordination of finance and HR to manage costs, align talent, and ensure staff readiness.
It’s a powerful reminder that digital transformation is rarely just a technical overhaul. CEOs, CFOs, CHROs, and their peers must not only embrace innovation but also work in sync to tackle organizational change. In this article, we’ll break down why a cohesive C-suite is critical for successful transformation, the hurdles that executives face, and how consulting expertise can make the journey smoother.
01.
Better Outcomes When Everyone’s on Board
The only constant in today’s business landscape is change. That’s why a unified C-suite is essential for successful digital transformation. According to McKinsey, only 35% of companies achieve their digital transformation objectives, often due to a lack of alignment among top executives. When CEOs, CFOs, CHROs, and other leaders are aligned, they can better anticipate and adapt to the fast-evolving demands of technology, ensuring that strategies are both cohesive and resilient. This collaboration empowers every function to actively contribute to—and benefit from—the transformation journey.
Here’s a prime example of effective C-suite collaboration. A leading financial services company sought to standardize its HR processes to support future growth and decided to implement Workday. While they had executive sponsorship and subject matter expertise, they lacked project management, business analysis, and change management capabilities. Veracity provided comprehensive services in these areas, optimizing HR systems and processes to successfully implement Workday’s core Global HCM, US/UK Absence Management, US Payroll, US Benefits, and US Time Tracking.
This collaboration underscores the importance of a cohesive C-suite in driving digital transformation. By aligning leadership and leveraging specialized expertise, organizations can navigate the complexities of digital initiatives and achieve meaningful results.
02.
Total Transformation Through Unified Technology and UX
Digital transformation isn’t just about adopting new technologies; it’s about creating seamless, intuitive experiences that drive engagement and loyalty. According to a recent study by Forrester, companies prioritizing customer experience see 1.6 times higher brand loyalty and retention rates, underscoring the financial and strategic value of a robust UX approach.
Take, for example, our recent partnership with a major transportation organization. Facing challenges in standardizing processes across global markets, the company needed not only robust technology but also a tailored UX strategy that would resonate with its diverse user base. Veracity stepped in to provide expertise in process standardization and UX, implementing streamlined technology solutions and user-friendly designs that improved both operational efficiency and customer satisfaction.
By blending cutting-edge technology with human-centered design, we helped enhance their digital ecosystem, reducing friction points and ensuring a more consistent, satisfying experience for users worldwide. This case demonstrates that when companies leverage the right expertise in both technology and UX, they can build stronger connections with their customers, setting the stage for long-term success.
03.
Lasting Success When Change Management Leads the Way
In digital transformation, change management is often the lynchpin for success. Studies show that 70% of change initiatives fail due to insufficient planning and employee resistance, underscoring the importance of a structured approach to navigating change. That’s why we’ve developed our exclusive Return on Change™ framework to address this critical need, helping businesses bridge the gap between strategy and execution.
This framework takes a holistic, people-first approach, breaking change management into actionable steps while fostering alignment across the C-suite. Whether it’s migrating to AI-powered platforms or integrating new technologies, our methodology ensures leadership is unified in vision and strategy—creating a ripple effect that engages teams and builds adaptability. Just like organizations such as General Electric (GE) have found success with phased approaches, our process helps employees’ transition seamlessly into new ways of working, reducing resistance and driving lasting impact. From workforce surveys to tailored training and regular feedback loops, we create buy-ins at every level to turn transformation into long-term success.
When it comes to change, it’s not just about managing disruption—it’s about turning it into a measurable return. By uniting leadership and empowering teams, we help you achieve both.
04.
A Data-Driven Approach to Win the Day
Post-transformation, companies like AT&T rely heavily on data to fine-tune and evolve their strategies. A consulting agency plays a crucial role here, providing ongoing measurement and analytics that give the C-suite a clear view of real-time outcomes. By tracking essential metrics—like user engagement, process efficiency, or cost savings from digital initiatives—AT&T’s leaders can make proactive, informed decisions that continuously refine their approach. Research from IDC shows that data-driven organizations experience 30% improved customer retention and 25% faster time-to-market for new products, demonstrating the impact of leveraging analytics in digital transformation.
Imagine what’s possible when your C-suite collaborates with the right expertise to break down silos. At Veracity, our Data & Artificial Intelligence services help organizations unlock the full potential of their data—empowering ethical AI integration, data privacy, real-time analytics, and predictive modeling. With unified data strategies, businesses can make better decisions, accelerate innovation, and stay ahead in an evolving market. See how Veracity can transform your data into a competitive advantage by exploring our capabilities.
In today’s data-driven world, success hinges on the ability to act quickly, collaboratively, and confidently. By combining innovative technology with proven expertise, Veracity helps organizations turn data into a strategic enabler of growth and efficiency. Whether you’re seeking to enhance decision-making, increase customer satisfaction, or gain a competitive edge, we’re here to help you lead with insight and achieve measurable results. Let’s reimagine what’s possible—together.
Want to Prepare For A Successful Digital Transformation? Let Us Help Unify Your Strategy.
Digital transformation is a complex journey, and as financial leaders increasingly look to AI, automation, and data-driven strategies, the importance of a unified C-suite approach has never been clearer. Each element—from technology integration and UX optimization to effective change management and continuous data insights—depends on a cohesive vision and collaboration at the highest levels.
With nearly half of financial leaders recognizing the CEO’s role as critical in these transformations, and other executives like CFOs, CHROs, and CIOs playing indispensable roles, it’s evident that successful transformation is a team effort. Our partnerships across industries showcase how structured support in these areas enables organizations to not only embrace change but also to optimize, measure, and continuously refine their strategies. Contact us today to get started.