Intervention Objective
Establish the appropriate governance, execution organization and investment portfolio management process.
Why is this important?
Digital Transformation is a complex and challenging undertaking that requires clear leadership, execution structures and work prioritization. The innovative and often unpredictable character of digital change requires an agile approach and continuous adaptation in response to actual outcomes and learnings. Competing demands from business stakeholders must be channelled and prioritized to prevent disruption to execution teams. A well-designed program organization and portfolio management process that is aligned to the Digital North Star and Digital Strategy provides an essential foundation for execution success.
Some questions to be addressed
What is the Digital North Star and Digital Strategy?
What are the usual governance and program designs in the company?
What existing governance structures can be leveraged?
To what extent have agile organization structures been adopted?
How are IT/digital investments currently defined, approved and prioritized?
What program organization is needed to succeed?
What key methods should be employed?
How will success be measured and tracked?
Approach
The design of an effective Program and Portfolio Management process requires:
Broad and positive engagement with senior stakeholders across the IT/digital organization and the business to agree and align on appropriate governance and program designs.
Willingness and motivation of senior stakeholders to take up key roles in governance and program designs.
Alignment across business organizations on the criteria and process for investment decision-making and prioritization.
The intervention is executed in three phases:
