Two weeks ago, we wrote about the impact of multi-speed IT on the IT organization and enterprise architecture. Let us now talk about the different options for managing a multi-speed IT approach.
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.
Looking back to many discussions about Digital Strategy with different organizations, most of them have the challenge of going through a balancing act day by day. Firstly, a Digital Oriented Organization needs to accept that the roles and responsibilities of Business and IT will merge together, whilst both parties need to enable business and IT […]
There seems to be a lot of hype recently among CxO’s around ‘Going to the cloud’. Since its potential is so widely acknowledged and advertised and its opportunities seem endless, digitization of the organization is the New Normal. But what exactly does this digitization involve? And, more importantly, can we exploit all its potential?
One of our core values at BiZZdesign is sharing knowledge and best practices. We regularly organize and contribute to online and offline seminars, conferences, and round tables. After a recent presentation entitled “Security is not an IT problem”, which illustrated the often lacking connection between policies and measures within organizations, we decided to have a […]
Enterprise Portfolio Management (EPM) is the discipline that supports the allocation of investments to various asset categories of the organization, such as capabilities, applications, or infrastructure, EPM helps to create a healthy set projects and programs that realizes strategic goals.