We found six important and statistically robust factors that predict the probability that an incumbent company will choose the path of being a reinventor. They are, in order of importance:

1. Obsess about turbulence on the horizon
2. Understand all risks, not only those from startups
3. Deliver a dual offensive: core and diversification
4. Fix leadership skills first
5. Prioritize demand-centered business play
6. Experiment with frontier technologies

Source: What Successful Digital Transformations Have in Common | HBR, Jacques Bughin & Tanguy Catlin, December 19, 2017