ERP failures can cost millions, tarnish reputations, and even trigger leadership changes. So why do so many projects still lack meaningful executive oversight? With the majority of ERP programs running significantly over budget, it’s time for C-suite leaders to rethink their role.
Executive oversight for ERP programs is mandatory and a standard industry practice, particularly in enterprises where senior leadership is accountable for the program’s success or failure. The executive leadership team plays an essential role, from approving the business case and allocating millions of dollars, to prioritizing the ERP program over other enterprise initiatives. Their decisions directly influence the direction, success, and future of the company.
Here, we cover the risk of executive oversight, its impact on your ERP program, and how executives can mitigate this risk in their programs by focusing on a few key areas.
