Jon presents good logic for using IT Risk Management for competitive advantage. He argues by investing in infrastructure improvement, embedding IT risk awareness and management in every business process, empowering IT management with proactive business leadership support, considering risk in terms of access, accuracy, and agility, and raising awareness of and embrace upside risks enterprise-wide, companies can make balanced trade-offs that positively differentiate them from the competition.
Wherever risks arise from, we can all agree there are a plethora of risks already present and more apparently forthcoming. Effective leadership requires choreographing change to address the upside and downside risks and the vulnerabilities inherent to both. This is especially true around IT risks since companies are ever more dependent upon the lift IT brings via automation of key business processes, linking to customers and suppliers, and ever-increasing, mandated compliance reporting.
Advertisement
