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2. Describe the new digital governance and sourcing approach since accelerate implementation. Include both project management and portfolio management decision-making and accountability

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The prompt seeks to explain how Philips uses digital governance in its sourcing approach or procurement.

How did Philips use a New Digital Governance and Sourcing approach?

Phillips was able to achieve this by hosting the "Supplier Development Group".

Then, various departments within Phillips met with the supplier's Group to find out how more raw materials could be gotten in the most environmentally friendly way possible.

Learn more about Digital Governance at:

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The new digital governance and sourcing approach is described as strategy to accelerate implementation.

What is New Digital Governance?

Digital tools along with social media have empowered people to have access to infinite information and make connections globally. All the citizens or individuals are using digital based technologies to get hold of  benefits caused by using them.

Sourcing approach is used in supply chain management that gathers the information and used in an organization for purchasing power. This finds the best possible values in the marketplace. This strategy helps to attain business goals.

Learn more about Digital Governance.

https://brainly.com/question/381572

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