Digital Transformations Defining a good strategy is difficult, especially in this rapidly moving digital world. But realizing your strategy is even more complicated. After all, how do you ensure a strategy is implemented in a coordinated, coherent way? How do you manage all of the moving parts?
Challenges to risk mitigation
The complexity of your organization can be a major obstacle in getting the insights needed to manage operational risk. Financial, reputational and regulatory risks are difficult to evaluate and even more difficult to mitigate. Cyber security, technology lifecycle and the increasing dependence on external services are a constant headache and add more complexity to the picture. So, how can you assess the potential ripple effects of an apparently local problem? How can you, as Chief Risk Officer, prioritize issues or optimally allocate budgets for risk mitigation?
An integrated overview of the business and IT operations
BiZZdesign’s platform provides you with an integrated overview of the business and IT operations of your enterprise that are essential in enterprise risk management. Our advanced analysis algorithms help you assess various vulnerabilities, analyze the resulting risks and design appropriate mitigating measures.
Our portfolio management and road-mapping features help you allocate budgets and plan improvements, putting your resources where they count most. Our reporting and publication functionalities offer crucial insights to everyone involved, including internal and external regulators, auditors and employees in operations who need to adhere to various procedures. This platform helps everyone act swiftly and decisively when problems do occur.
Digital Transformation The effective use of digital technologies is paramount in a competitive environment. To succeed, you don’t need a separate digital strategy; you need a business strategy for the digital age. But digital transformation is difficult to manage because it requires you to change many moving parts of your enterprise, much like redesigning and […]
Enterprises need to create and maintain registers of why, where and how they are processing personal data from EU citizens. Creating and maintaining these registers in BiZZdesign Enterprise Studio helps to ensure you create consistent and coherent registers that conform to your baseline enterprise design. In this blog I would like to show you how […]
Powerful Analysis Techniques In the final installment of this blog series, I want to address the domain of risk, security and compliance, an area of increasing importance for architects, process designers and others. As an example, in some previous blogs, I have already outlined the new EU General Data Protec tion Regulation (GDPR) and its […]
In the previous installment in this blog series, we looked into planning and analyzing change in the enterprise by linking the life cycles of elements such as applications and projects. But how do you decide what to do with, for example, your application landscape? Which applications need to be improved, re-platformed, functionally upgraded, or phased […]