Global IT Governance for Digital Transformation

This technical report discusses the necessity of establishing global IT governance as a prerequisite for successful digital transformation (DX) within organizations, particularly in the context of Japanese manufacturing companies. It outlines the challenges posed by siloed business processes and data, which hinder the progress of DX initiatives. The report details Yokogawa Electric Corporation's journey towards digitalization, initiated in 2018, and emphasizes the importance of system and data integration. It presents a framework for DX, highlighting various stages of digital maturity and the paths organizations can take to achieve a 'Future Ready' state. The report also references a versatile framework introduced by Professor Peter Weill, which categorizes the DX journey into four domains: Silos and Spaghetti, Integrated Experience, Industrialized, and Future Ready. Each domain represents different levels of operational efficiency and customer experience, with the ultimate goal being to enhance organizational capabilities and competitiveness in a global market.