ABSTRACT

Most organizations are highly dependent on a limited number of key suppliers, often on multi-year contracts; governance should be focused on those relationships with the greatest risk and investment. However, all organizations need to retain some expertise in strategic functions, such as project oversight, architecture, design, content creation, planning, vendor management, performance measurement, and security. Make sure that the person or team assigned the management responsibility for key supplier partnerships have the right capability to manage the program and provide proper oversight. Digital ecosystem presents such varied areas of supplier partnerships that not find all the right skillsets within one business unit to manage everything from software development to programmatic advertising buying. If someone are managing system development programs, ensure conformance where necessary and compatibility with in-house technical standards and all relevant legal and regulatory requirements.