Tackling the Financial Side of Digital Transformations

The focus of digital transformations is often on achieving strategic business goals, along with the necessary adoption of new technology and the transformation of business processes and operations. But for all of that to happen successfully, it needs to make financial sense. The scope of digital transformation initiatives can be unwieldy and unpredictable, as the original roadmaps may need to be continuously augmented in response to changes in markets, regulations and business objectives. This poses significant challenges for those responsible for ensuring the financial health of the organization. Measuring the return on investment and staying on top of possible cost overruns can be a complex responsibility. In his new book "Digital Transformation Payday: Navigate the Hype, Lower the Risks, Increase Return" author Tim Bottke addresses these difficult topics head-on. In this podcast Tim Bottke shares with Thomas Erl his insights about how to best approach, manage and maintain control of the financials of digital transformations.

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