As any specialised tech lawyer or technology consultant will
tell you, digital transformation projects are not for the faint of
heart.
The more innovative and untested the technology solutions are,
and the more those solutions will radically transform your
business, the higher the risk is of project failure.
Over the last ten years, there have been hundreds of news
reports of failed digital transformation projects. There are now so
many documented failures, no organisation can say they haven't
been warned.
The May 16 article in The Economist, titled "Why
so many IT projects go so horribly wrong" is no exception.
Citing research published by an Oxford professor, the article
points out that IT projects have unique risk management
challenges.
