Developing the business case for transformation

Before we start our transformation journey, we will need funding for our project. In most organizations, that requires a business case. Even in the rare organization where a business case is not required to obtain funding, it is a good practice to develop a business case to ensure that the organization is fully aligned with the objectives of the transformation and that the transformation will provide value to the organization. This is important whether the transformation will involve one small project or an entire Fortune 500 company.

In this section, we will briefly explore the process of developing a business case and provide you with the tools necessary to create a business case for your digital transformation. In a traditional product or project development environment, the first activity would be to build the business case. However, one of the common challenges with digital transformation is that the entire agile approach of digital...