In Holland there is a saying: You catch more flies with honey than with vinegar. Indeed if we look at the causes of the financial crisis in a number of cases the drive to achieve the incredible bonuses that are customary in the financial sector seem to have outweighed the sanctions the enterprise risk department might or might not have imposed for excessive risky behaviour.
For the complete article read the IT RSC Blog:
http://itgrsc.blogspot.com/2010/12/bonuses-and-sanctions.html
Wisdom, Solomon recognized its value in the bible. Lao-tzu describes its importance in the Te-tao Ching. But let’s face it: That was then. Wisdom is something for old people who can no-longer keep up with the pace of modern day live. It has no place in the everyday business of our fast moving society. Or does it?
For the complete article read the IT GRSC Blog:
http://itgrsc.blogspot.com/2010/09/primary-trait-required-for-governance.html
Business - IT alignment, when you read the articles written on the subject it turns out most of the time they focus on alignment between business and IT on a strategic level. But alignment between the two on tactical and operational level is just as important. So how about the Information Supply and demand relationship?
For the complete story read the IT GRSC Blog:
http://itgrsc.blogspot.com/2010/08/aligning-information-supply-and-demand.html
Amongst specialists you can find a heating debate over the use of the term governance, the difference between governance and management and how these two fields of expertise interact. Is this just a highly theoretical discussion between different areas of expertise engaged in a “turf war” or is there more to it?
For the complete story read The IT GRSC Blog:
http://itgrsc.blogspot.com/2010/08/governance-versus-management.html
When you listen to organizational, process or governance experts or to IT architects for that matter, you hear statements like “We need to design the process”, “We need to implement control” or “We need to organize governance”. The common undertone is that they need to create order from chaos. An important deliverable to achieve this goal is formalization. In turn this implies that informal equals chaos. We describe how the organization, process and/ or control is supposed to work. And too often you will find that people think that if you commit something to paper that will make it so.
For the complete story read the IT GRSC Blog:
I was reading John Thorps Blog entry “Getting Information Management Right” and read that Gartner predicts that the amount of Enterprise Data will grow by 650 percent in the next 5 years. The article makes a number of excellent points and kept me thinking. But back to the 650 percent, it is not like this is a new development. The amount of data we store (both private and for business) has been growing explosively the last decades.
For the complete story read the IT GRSC Blog:
http://itgrsc.blogspot.com/2010/08/what-doesnt-make-you-stronger-might.html
When I look at the world today it seems everything is about risk these days. Data breaches left and right (your private data is continually at risk). Systemic risk and failed risk management is what caused the financial crisis. Earth quacks, tidal waves, forest fires, global warming, HIV, Mexican flue are threatening humanity. The current state of the economy is threatening the IT budgets and as a result my job as an IT Consultant is at risk. There is a risk of a new wave of regulations in response to the world-wide need for governments to bail-out private enterprise. As a result the lack of IT risk and compliance expertise is a risk. Or am I just paranoid?
For the complete story read the IT GRSC Blog:
http://itgrsc.blogspot.com/2010/08/risk-risk-and-more-risk.html