There’s no denying the benefits of IT transformation, but substantial risks can undermine initiatives, often leading to delays or reduced scope of efficacy. Here are some warning signs, and ways to secure overall value and fulfil program timelines.
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Digital transformation programs promise a wealth of advantages, but unforeseen challenges can cancel out measurable value. Careful planning and holistically evaluating your system integration (SI) partner proposals are critical steps in your transformation initiative. It’s important to clearly identify what value you’re expecting to get from your partners against the price you’re paying, as well as the risk you’re taking on as a client.
It’s reasonable to assume that with decades of experience in large business and IT transformations, the overall related risks would diminish. Unfortunately, the reality is organizations are consistently facing risks that lead to value erosion.
Sources of value erosion
Simply put, value erosion is the decrease in value received for the cost …