Innovation overload: Digital transformation decision making

This article is a part of our Risk + Reward series. Capital One Business and Inc. partnered to survey 314 business leaders in November of 2024 to explore the factors that affect how they weigh business risks and rewards in navigating modern business landscapes. View our key findings and other articles in this series.

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Technology's fast-paced evolution leaves business leaders caught in a conundrum. Move too fast and you make the wrong choices. Move too slowly and you miss important opportunities. 

50% of business leaders say digital transformation choices are the toughest they face.

Source: Inc. and Capital One Business Risk & Reward Survey November 2024

What leaders fear: 49% say moving too slow with new technologies, 45% say inability to integrate new and legacy technologies, 44% say cybersecurity risks relating to data breaches, 35% say selecting the wrong technologies, 34% say inability to show return on technology investment, and 32% say moving too fast with new technologies.
28% of executives and 50% of entrepreneurs feel pressure to show tech ROI.

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