Taking a structured approach to IT decisions
One of the CIOs I have worked with challenged the common belief that finding money for IT investments or resources is always difficult.
In his experience, for the right reasons, he could justify an IT investment or spend provided there was sufficient data and supporting cost benefit analysis that helped business leaders make informed decisions.
Business leaders today are grappling with multiple challenges and unknowns at once tight labour market, geopolitical situations, and macro economic pressures.
The changing technological trends provide huge opportunities to any organisation. These can include investments in Artificial intelligence, Machine learning, Augmented reality, Quantum computing, Process Automation.
So when it comes to evaluating these options, a structured approach to decision-making for IT investments and spending can lead to significant rewards. It requires investing in the right Technology Governance, Technology Risk Management, and Technology Assurance capabilities.
By taking a proactive and informed approach, we can achieve significant benefits from our Technology Risk Management Capabilities.
Why should we manage technology risk?
What colour is security?
Resetting common beliefs on IT investment
People vs FUD
ISO 27001 Certification is not a monolithic project
