Drive business impact through dynamic management of your investments

We are thrilled to share the highlights from our recent event “Drive business impact through dynamic management of your investments”. As we dive into the key insights from our discussions, we invite you to reflect on the valuable lessons learned during this engaging session.

Wendy Di, Global Lead Digital Program Office at Bekaert, explained how Bekaert is driving value creation through their initiatives by implementing Lean Portfolio Management, and how they are transforming their business through the use of technology.

Veerle Lauwers, Chief Digital Officer at Vandemoortele, shared insights from the past 10 months on shaping the CDO role and engaging with the organization on its digital transformation journey.

This exclusive gathering was designed for CIOs, CDOs, and senior digital leaders who are ready to take their digital investment strategies to the next level. We aimed to provide the essential insights on how to: 

• Boost your value-based, digital investments via Lean Portfolio Management: Discover practical strategies for connecting your business strategy and your project portfolio. Learn about building a lean and agile portfolio management system driven by a customer-centric approach of value-creation. Get inspired by guardrails about lean budgets and how to coordinate and manage risks and opportunities in delivery.  
• Set your portfolio metrics: To protect your investments it is key to identify what the appropriate metrics for your portfolio are. Business and technical metrics should have clear links as they are defined based on the same goal(s). The value created by your initiatives can be tracked more effectively with the right metrics.
  
• Enable agile pivoting of your portfolio: Gain insights into the monitoring of end-client value creation. Every digital initiative needs to deliver a tangible return, a true business value. Master the outcome of your portfolio metrics: how to prioritize and re-prioritize your investments based on actual contributions.

Let's explore some of the essential principles and strategies that can help propel your digital transformation journey forward:

• A robust digital governance model plays a crucial role in enabling adaptive decision-making to navigate the ever-changing landscape of dynamic markets.
• Effective collaboration across cross-functional teams is essential for achieving alignment between strategic goals and successful execution.
• Conducting regular, quarterly reviews provides the necessary flexibility and insights to make informed, value-driven decisions that drive strategic outcomes.
• The implementation of a comprehensive value tracking framework serves as a proactive guide for shaping future digital strategies and ensuring alignment with desired objectives.
• Embracing a lean approach not only enhances agility and efficiency but also fosters a culture of continuous improvement in digital initiatives.

By focusing on digital governance, collaboration, value tracking, and a lean approach, you can drive actionable results and navigate the complexities of the current digital landscape. We invite you to explore the topic of 'value-based digital investments' further by accessing our whitepaper attached below.