Does your company struggle with the pressure to capitalize on the latest technology to keep up with competitors? There are challenges that come with embracing new technology, like aligning it with core business values. To maximize the benefits of technological innovation for your business, I’ve outlined tips to help ensure this alignment 👉 https://bit.ly/4bEw3OO. #innovation #values #technology #risk
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In a world where technology advancements are accelerating at breakneck speed, it's evident that we've experienced a decade's worth of change in just three years. FTI Technology's Sophie Ross sheds light on how innovation often outpaces regulations and best practices, presenting both incredible opportunities and potential risks. As we navigate this digital revolution, adopting proactive governance, leveraging technology, and fostering a culture of adaptation will empower organizations to thrive amidst disruptions and safeguard their competitive edge. Learn more here: https://lnkd.in/eW5BF6Xk
Digital Risk Management in the Wake of Business Disruption and Technology Acceleration
fticonsulting.social
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Rapid, iterative, customer-centric innovation is possible in large companies — but not if you carry over your traditional ways of working. Innovative ventures need innovative governance. Helful post from MIT:
Digital transformation requires that governance be carefully designed to address several issues. The first is oversight. Who approves new projects? To whom do they report? And who shuts them down? Next is funding. How will you allocate resources across a portfolio of ventures to maximize opportunities for success? Equally critical are people. Who will staff new ventures, whether inside or outside your organization? How will teams be formed with the right mix of skills? Governance must also include metrics. How will you measure the progress of new ventures? And, crucially, how can you bring discipline to regularly shutting down ventures, a practice so often neglected at large enterprises? https://mitsmr.com/45szRPw
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In a world where technology advancements are accelerating at breakneck speed, it's evident that we've experienced a decade's worth of change in just three years. FTI Technology's Sophie Ross sheds light on how innovation often outpaces regulations and best practices, presenting both incredible opportunities and potential risks. As we navigate this digital revolution, adopting proactive governance, leveraging technology, and fostering a culture of adaptation will empower organizations to thrive amidst disruptions and safeguard their competitive edge. Learn more here: https://lnkd.in/gvSwiS7m
Digital Risk Management in the Wake of Business Disruption and Technology Acceleration
fticonsulting.social
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CIO CDO eCommerce PIM MDM AI Data Program Manager Digital Transformation Consultant - Enterprise Architect Senior Freelance Director Interim Manager
By aligning business strategy with IT strategy and adopting the following 7 strategies, companies can position themselves for success in the digital age and drive meaningful disruption in their industries. #disruption #disruptiveleadership #disruptivetech #strategyconsulting #strategy #strategytoexecution #itstrategy https://lnkd.in/ePkQ5cZY
7 Strategies to Master Digital Disruption: Uniting Business Strategy and IT Innovation for Industry Transformation — Faces of Content
facesofcontent.com
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Digital Transformation | Operational Excellence | Operations & Supply Chain Leader | Digital Lean Manufacturing| Tire Technology | MIT Sloan School of Management | Economic Times Impactful CXO 2023
A very important aspect of successful Digital transformation yet the most overlooked one also, it’s the responsibility of the transformation leadership to establish these governance in place at the very outset of the transformation journey.
Digital transformation requires that governance be carefully designed to address several issues. The first is oversight. Who approves new projects? To whom do they report? And who shuts them down? Next is funding. How will you allocate resources across a portfolio of ventures to maximize opportunities for success? Equally critical are people. Who will staff new ventures, whether inside or outside your organization? How will teams be formed with the right mix of skills? Governance must also include metrics. How will you measure the progress of new ventures? And, crucially, how can you bring discipline to regularly shutting down ventures, a practice so often neglected at large enterprises? https://mitsmr.com/45szRPw
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Public Sector Thought Leader & Strategist | 🎧 Host of The Government Huddle Podcast | Forbes Technology Council | 🌐 G20 Global Smart Cities Alliance Advisor @ WEF | TEDx Speaker | Board Member | ex-S&P Global, OpenText
Experts highlight the digital transformation red flags to look out for, and how to navigate a complete cancelation.
When should you pull the plug on a digital transformation project?
itpro.com
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Digital transformation is rarely linear and it has no end point. Along the way, a firm sometimes asks: what next? Navigating such situations and making the changes required to restore momentum can be difficult. How can business leaders readjust and reinvigorate their firms’ transformation efforts with the right mix of focused ambition and realistic risk awareness?
How to keep a long-term digital transformation on track
raconteur.net
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Senior Project Manager | Consultant | Content Management Systems Expert | Digital Transformation Specialist | Change Management | PMI-PMP | Product Owner | Scrum Master
Identifying Opportunities for Digital Transformation: A Comprehensive Guide In the digital era, transformation is not just a trend; it's a strategic necessity. This extensive guide uncovers the essence of digital transformation, its impact on businesses, and the importance of identifying opportunities for innovation. From assessing the current state of your organization to planning and executing digital initiatives, risk management, collaboration, and monitoring progress, this article offers a step-by-step roadmap. Whether you're a business leader or an innovator, these insights will empower you to reshape your business strategy, operations, and culture to thrive in the digital age. Read more: https://lnkd.in/eWmf4Tj7 #DigitalTransformation #BusinessGrowth #Innovation #Technology #DigitalStrategy
Identifying Opportunities for Digital Transformation: A Comprehensive Guide
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Digital transformation requires that governance be carefully designed to address several issues. The first is oversight. Who approves new projects? To whom do they report? And who shuts them down? Next is funding. How will you allocate resources across a portfolio of ventures to maximize opportunities for success? Equally critical are people. Who will staff new ventures, whether inside or outside your organization? How will teams be formed with the right mix of skills? Governance must also include metrics. How will you measure the progress of new ventures? And, crucially, how can you bring discipline to regularly shutting down ventures, a practice so often neglected at large enterprises? https://mitsmr.com/45szRPw
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Innovation shouldn't be a defined goal in one's performance management, it should be the natural outcome of good governance. #innovation #governance #management
Digital transformation requires that governance be carefully designed to address several issues. The first is oversight. Who approves new projects? To whom do they report? And who shuts them down? Next is funding. How will you allocate resources across a portfolio of ventures to maximize opportunities for success? Equally critical are people. Who will staff new ventures, whether inside or outside your organization? How will teams be formed with the right mix of skills? Governance must also include metrics. How will you measure the progress of new ventures? And, crucially, how can you bring discipline to regularly shutting down ventures, a practice so often neglected at large enterprises? https://mitsmr.com/45szRPw
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