Companies should revisit their IT
strategy if they want to efficiently respond to business risk
and achieve regulatory and legal compliance, writes Martin
Atherton of analysts Freeform Dynamics.
Business risk: filling in the bigger picture
- Part 1 | Part
2
Many organisations spend a lot of time and money chasing
regulation and compliance. But taking a step back and revisiting
information management strategies in the context of the broader
landscape of business risk could help them address multiple,
critical challenges.
In fact, many businesses are beginning to adopt a more formal
approach to risk management. The more forward-thinking among
them are taking a co-ordinated, executive-led approach and
appointing a chief risk officer (CRO).
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