board governance

A 2-post collection

Technology4Directors: Boards need the capacity and capability to oversight technology and digital strategy

Last Friday I moderated a most insightful and highly experienced panel of Elizabeth Proust, Graeme Samuel, Doron Ben-Meir and Andrew Walduck to guide an important gathering of board members and senior executives through the complex issues facing enterprises in applying technology to achieve goals in today’s globally connected world. It was a joy to work with a panel that had decades of experience on major company boards, directing the technology and digital strategies for major corporations, regulating Australian companies, experience in startups, entrepreneurship and government innovation systems. The lunchtime session was put together by Michael Alf and myself to examine why major technology projects too often fail to achieve the goals that were used to justify the investment, run...

Many IT projects fail to deliver the benefits identified in the business plan, exceed their budget and are delivered late.

Is poor governance the issue and if so what must be done to fix the problem? * What is the problem? Complex IT projects usually have a well-documented business case before any organisation will allocate the significant resources required for such projects. This investment is made in anticipation of IT projects delivering significant returns. The problem begins right here because the business objectives, the business environment and the technology are fixed in time when the business case is approved but in reality they all change during the life of any complex IT project. Properly governing and effectively managing a complex ICT project demands that changing business objectives, the changing business environment and the changing technology must be constantly realigned to produce...