5 Steps to Building an Audience with #Hashtags
5 Steps to Building an Audience with #Hashtags
5 Steps to Creating Successful Ads

Protecting your digital transformation from value erosion [Video]

Categories
Brand Strategy

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.

Credit: Ground Picture / Shutterstock

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 …

How Desire Paths can Transform your Digital Marketing
How Desire Paths can Transform your Digital Marketing
12 Steps to Create Videos