In the fast-paced business world, success or failure depends heavily on an organization’s ability to grow and adapt to the nebulous environment. Organizations adopt processes to the environment via digital transformation throughout the business lifecycle. Digital transformations are constantly challenged and scrutinized by stakeholders because they can potentially affect an entire organization. Difficulties related to digital transformation are a result of governance processes and technology changes in the company. Lack of growth may come from fearing change, viewing the change as a luxury, or complacency. Difficulties also arise from insufficient support from management, deficient communication strategies, or an unclear mission/vision. IT governance frameworks are one tool that can help businesses overcome some of these challenges. The IT governance frameworks are blueprints for creating plans that can help mitigate risk and strategize technology changes in the most efficient way. By adopting an IT governance framework, it will be possible to create a road map for implementing corporate change from internal servers to cloud-based solutions. This roadmap will include identifying stakeholders, risk management and mitigation, strategies for overcoming obstacles, setting up goals and timelines, and finally determining points of responsibility.
Keywords: Business, IT Processes, IT Governance, Digital Transformations, IT Governance Frameworks, Stakeholders
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