Project Management vs. Program Management: What is the Difference in Digital Transformation?

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When embarking on a digital transformation, we oftentimes focus on project management, which is a really important part of the process. However, project management is quite different from program management: effective program management is the key to success for a successful digital transformation. So, what exactly is the difference between program and project management? 

Organizations going through digital transformations typically focus on project management first: how do we get the right manager, ensure the right plan, and allocate resources? However, it is important not to miss out on the bigger picture of an overall program. Program management becomes even more critical in these cases. 

So, what I want to do today is talk about the difference between project management and program management. I will unpack these differences so that you can define a digital strategy that encompasses both, ensuring your success in your digital transformation journey

Why Do Digital Transformations Fail?

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During any sort of project or change initiative, digital transformations face a number of risks. There are some common patterns and threads that lead to failure, as well as some that lead to success. Therefore, today, I want to discuss the top 10 points of failure or causes of failure that you need to avoid before you embark on a digital transformation journey.

Top 10 Supply Chains in the World [Lessons from Amazon, Wal-Mart, Alibaba, McDonalds and others]

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When we’re trying to learn about what makes a supply chain effective and how to navigate supply chain management here in the 2020s, it’s helpful to look at some of the leading organizations throughout the world that have built very robust, highly successful, and highly effective supply chains.

So, what we want to do today is provide a top 10 countdown of the top 10 supply chains that you should be familiar with as you look for ways to incorporate those best practices into your supply chain.

What Are the Business Benefits of ERP Systems?

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One of the most common technologies that organizations deploy as part of their transformation is ERP software. There are dozens, if not hundreds, of ERP systems out there in the marketplace, but I won’t dive into the details of the differences between those systems or what some of the options are. Instead, what I want to do is talk about some of the key business benefits of why organizations implement ERP software. If they implement ERP software effectively, what is the business value that they typically achieve?

Introduction to Data Analytics, Business Intelligence, and Big Data

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One of the common areas that we look at and evaluate when helping our clients through their digital transformation is data analytics. Data analytics is becoming more and more important as organizations grow and accumulate data over decades of using enterprise technologies. When you combine that with the fact that data toolsets and data itself are proliferating at a breakneck speed, you can see how data analytics is becoming increasingly important. In other words, organizations have more data than ever before, they’re accumulating data at a more rapid pace than ever before, and data analytics is a way to really make use of that commodity and asset that organizations are developing.

Lessons From My Company’s Digital Transformation Failure

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We here at Third Stage Consulting are independent digital transformation consultants, we help organizations through complex digital transformations every day but when it comes to eating our own cooking or eating our own dog food, I experienced something different than what we advise to our clients.

Top 5 Digital Transformation Strategies During Economic Recession and Uncertainty

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In times of economic turmoil or recession it’s more important than ever to have a solid recession-proof digital strategy. One of the things we often help our clients with is defining digital strategies. Digital strategies are very important regardless of when or where you might go through a digital transformation but in times of economic uncertainty and recession, whether you’re in economic uncertainty at the moment or whether you’re anticipating potential economic uncertainty, having a solid, right size digital strategy is more important than ever. So what we want to do today is talk about the various digital strategies that are most effective if you want to recession proof your business.

Most Important Digital Transformation Deliverables and Tools

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When planning for a digital transformation often times we’re focused on what the overall digital strategy is, what the plan is, how we’re going to execute and how we’re going to resource it. One thing we often don’t think about is what are those key deliverables, the key artifacts, the key outputs and the tools we need to manage the implementation and track the success of the implementation? What we want to do today is talk about the 10 most important deliverables and artifacts that are critical both as outputs and inputs into the digital transformation.

How Tech is Transforming Manufacturing

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What we  want to talk in this article is discuss some of the key technologies that are changing the way manufacturers operate and the idea here is to give you some ideas on how you might leverage some of these technologies to define a digital strategy and roadmap to help improve your manufacturing operations.