With the rapid increase in corporate businesses today embarking on digital transformation journeys, the fast pace at which technology enhancements are taking place, and the large investments, failure is no option.
However, success is not easy, as the studies have shown us over 70 percent of cases have failed. The challenges faced in digital transformation journeys are not easy to overcome.
Fortunately, the learnings that have come about from past experiences provide us with great insights that help in addressing such challenges.
In this book, we outline a governance framework that, if followed, will help you steer the journey successfully. This framework is based on real life learnings from the authors’ experiences and the published cases.
Following are the components of this governance framework:
1. Strategy and execution
2. Supporting ecosystem
3. Change management
4. Frameworks and standards and the 3 Ps (Processes, Policies, and Procedures)
5. Performance management and control
6. Cyber Security
7. Emerging Technologies
8. Talent Management
9. Data Governance