The ubiquity of information has provided both growth opportunities and increasing risks to organizations across industries.
Due to the “VUCA” characteristics -Complexity, Uncertainty, Ambiguity, and Velocity of the Digital Era, the directorship in any organization must have the agility to adapt to changes and build abilities to advise, inspire and motivate a group of people toward accomplishing shared visions and goals.
Initiate Risk Analysis
Initiateriskanalysis Nowadays, opportunities and risks co-exist, risk management is the discipline of managing risks and opportunities; risk intelligent organizations allocate sufficient time to identify opportunities whilst they are managing their risks. Strategic risk management actually creates value by identifying opportunities to capitalize on uncertainty and volatility to maximize gains and improve competitive positioning.
Innateriskcultureissues The ubiquity of information has provided both growth opportunities and increasing risks to organizations across industries. However, many companies are immature in the way they do their Strategic Risk assessment and management, enterprise risk management is blamed as a time wasting and unproductive exercise.
Innerriskintelligence The “VUCA '' reality brings both an abundance of opportunities and the flood of potential pitfalls, any business can be at risk for survival at any minute due to continuous fast-paced changes and continuous business disruptions. Organizations that think of risks only when they talk of Risk Management are potentially missing the benefit of growing their business with the wisdom of their risk knowledge.
Initiateanalytics Information exponentiality, over-complexity, interdependence, hyper-diversity, etc, are new normal. An organization needs a vision of becoming an intelligent organization. There's a mixed bag of stories about data analysis exploration and exploitation. There is a variety of analysis; the failure rate of analytics is still considerably high, which makes many executives hesitate to invest in leading organizations to achieve high ROI by deploying their data successfully.
Initiateinformationanalysis Organizations across the vertical sectors are inundated with overwhelming growth of information There are plenty of organizations doing the analytics, but not yet have matured the process enough to drive the front end systems for getting desired results. The connection between the analytics and the operational system has not been made seamlessly yet. Analysis can be used as an effective tool to align important business activities that have a three-way impact - revenue, cost and investments at the same time.
The “Future of CIO” Blog has reached 7 million page views with 8900+ blog postings 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.
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