In my previous blog I wrote about the importance of models to successfully complete a merger, acquisition or divestiture. Of course, one organization’s divestiture may be another one’s acquisition. In this blog post I’ll share one my personal experiences as a consultant, supporting two government agencies that were in the middle of this process.
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.
Organizations involved in major strategic changes such as mergers, acquisitions and divestitures often focus mostly on the financial and market aspects of the change. What is the impact on your market share? How can you increase buying power from your suppliers? What cost savings can be realized by exploiting synergies?
In two previous blogs, I discussed the impact of the new EU General Data Protection Regulation and 8 things architects can do to help their organization comply with this far-reaching regulation. We also made available our ’How ready are you for the GDPR?’ test, which determines whether your organization is doing enough to prepare for […]
In my previous blog post, I described the new EU General Data Protection Regulation (GDPR) that will go into effect in May 2018, and I outlined its profound effects on organizations, not just in Europe but around the globe. This regulation, and related EU Directives such as the ePrivacy Directive and the Network and Information […]
The General Data Protection Regulation (GDPR) is a stringent EU Regulation on privacy protection, which will go into effect in May 2018. Enterprise architects can play an important role in helping their organization be GDPR-compliant. Are you aware of the impact of the GDPR on your organization?