Business Confidence from Reduced IT Risk
Business leaders have a fiduciary responsibility to understand and mitigate risks to the business. And, as any good business leader knows, the dependence of business operations on IT means that any risk to IT is a risk to the business. Indeed, IT outages can result in lost revenues, a tarnished reputation, exposure to litigation and, in a worse-case scenario, bankruptcy. Thus it is imperative that business and IT leaders work together in order to understand business dependency on IT and the risks involved. In this portfolio playbook session we demonstrate how EA and portfolio management can be used to structure IT risk management efforts, to map business dependencies and to assess risks for the purpose of mitigation and risk-acceptance decision-making.