How do you balance innovation and risk management when advising clients on digital transformation strategies?
Digital transformation is the process of using technology to create new or modify existing business processes, products, services, and customer experiences. It can help you gain a competitive edge, improve efficiency, and deliver more value to your clients. However, it also involves significant risks, such as cyberattacks, regulatory compliance, technical debt, and cultural resistance. How do you balance innovation and risk management when advising clients on digital transformation strategies? Here are some tips to help you navigate this complex and dynamic field.