QUESTION 3 (30 MARKS) Digital Transformation at GlobalTech Industries GlobalTech Industries is a multinational manufacturing company specializing in industrial equipment and machinery. With operations in 15 countries and over 50,000 employees, the company has been struggling to rmaintain its competitive edge in an increasingly digitalized market. The CEDQ, Sarah Chen, recognizes the need for a comprehensive digital transformation strategy to streamline operations, improve decision-making, and enhance customer experience. She has hired you as a Management Information Systems consultant to help guide the company through this transformation. Currently, GlobalTech faces several challenges: Fragmented IT systems across different regions and departments e Inefficient supply chain management leading to increased costs and delays Limited real-time visibility into operations and financial performance Difficulty in managing and analyzing large volumes of data generated across the organization Increasing cybersecurity threats and data privacy concerns s oo Resistance to change among some long-term employees Sarah wants to implement a company-wide digital transformation initiative that will address these challenges and position GlobalTech as a leader in the industry. She is particularly interested in leveraging emerging technologies such as loT, Al, and blockchain to enhance operations and create new business opportunities. 1.1} Develop a comprehensive digital transformation strategy for GlobalTech Industries. Your strategy should address the current challenges and outline specific technologies and initiatives to be implemented. Discuss how this strategy aligns with the company's overall business objectives. {15 marks) 3.2) Design an integrated information systemn architecture for GlobalTech that would support the digital transformation strategy. Your architecture should include components for enterprise resource planning [ERP), customer relationship management [CRM), supply chain management (SCM), and business intelligence (Bl). Explain how these components would interact and contribute to improved decision- making and operational efficiency. {15 marks) 3.3} Analyze the potential risks and challenges associated with implementing your proposed digital transformation strategy at GlobalTech. Discuss how you would address issues such as data security, privacy concerns, and resistance to change. Propose a change management approach to ensure successiul adoption of new technologies and processes across the organization. (15 marks)