One of the success factors of top transformation leaders who outperform most others is a solid understanding of how critical transformation governance is to the success of their initiatives. While their SMAC experts will be eager to leverage social, mobile, analytics and cloud technologies into the company’s ecosystem, top transformation leaders are focused on the more fundamental success factors that will help render them, their teams, stakeholders and organisation successful.
The origin of the word “Governance” comes from the Greek verb “Kubernáo”, which means to steer. Put simply, if the right mechanisms are not put in place to steer transformation, the results should be obvious. And the more complex the transformation, the more lost it can become when not steered using the right mechanisms.
Without the right transformation governance, even the finest teams of digital talent, functional leads, project and change managers, will eventually run into the muddy waters that many transformation teams find themselves up to their necks in. This often triggers actions that address the consequences of inadequate governance, but not the governance itself. And so a recurring episode begins in a transformation saga that will remain destined for trouble until the underlying issue is properly addressed.