Friday, February 26, 2021

GRC Brief: Information-based GRC

Just to clarify governance is simply proactively decided how much and what type of effort is needed for.



The important characteristics of digitalization are over-complexity, uncertainty, and ambiguity. Hence, GRC (governance, risk management, and compliance) becomes more critical than ever. Here's the context; how should GRC programs be approached? Should technology be a driver? Can you achieve any level of GRC without automation? Can you achieve any level of GRC without people? What is the real driver of GRC
?

  Information-based GRC



Information-Savvy-Board The information savvy board agenda should be focused on the performance progress toward the goals, targets, schedules., etc, of the value maximization and performance acceleration. Information is the lifeblood and one of the most invaluable assets in digital businesses today, technology is often the disruptive force behind digital transformation. Therefore, the corporate board as one of the top leadership pillars need to become information...

Information-Fit A company that is dysfunctional in digital analytics is going to struggle to make the transition to the digital paradigm. Big Data and Predictive Analytics are at the top agenda in the majority of organizations. However, most of the businesses are still struggling to provide their users with timely answers to new and changed requirements, relevant, consistent information of sufficient quality at acceptable costs. How can Big Data make the organization...

Informational-Architecture A fine-tuned information architecture streamlines information flow to make sure that the right information is in the right place at the right time and shared with the right persons for making the right decisions. Information architecture is a structural information design technique of the various shared environments, more at the user face level, for how the information could be organized to make it searchable and usable by users, and how these data...

IT Governance With the exponential growth of information and often technology-led disruptions, IT has evolved significantly in running a high-performance digital business today. The digital paradigm means hyperconnectivity, interdependence, integration, and diversification. Digital technology is often the disruptive force behind change and information is permeating into every core process in modern organizations. IT management and IT governance are interdependent...

Information Governance The value of big data is only multiplied by good data governance. Big Data has big value, it also takes organization’s big effort to manage well and an effective governance discipline can fulfill its purpose, but does Big Data need “Big Governance”? There's a misconception that "data governance" is an inherently heavy weight process. Just to clarify data governance is simply proactively decided how much and what type of effort is needed for.

.The “Future of CIO” Blog has reached 5 million page views with about 7600+ blog posting in 59+ different categories of leadership, management, strategy, digitalization, change/talent, etc. The content richness is not for its own sake, but to convey the vision and share the wisdom. Blogging is not about writing, but about thinking; it’s not just about WHAT to say, but about WHY to say, and HOW to say it. It reflects the color and shade of your thought patterns, and it indicates the peaks and curves of your thinking waves. Unlike pure entertainment, quality and professional content takes time for digesting, contemplation and engaging, and therefore, it takes time to attract the "hungry minds" and the "deep souls." It’s the journey to amplify your voice, deepen your digital footprints, and match your way for human progression.

7 comments:

Yes i am totally agreed with this article and i just want say that this article is very nice and very informative article.I will make sure to be reading your blog more. You made a good point but I can't help but wonder, what about the other side? !!!!!!Thanks

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Wow, cool post. I'd like to write like this too - taking time and real hard work to make a great article... but I put things off too much and never seem to get started. Thanks though.

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