All the surveys, including this one, report that executives do not believe risk management practices at their organization are making a significant contribution to the development and execution of their strategies.
For my last post of 2011, I will follow the age old tradition of predictions for 2012. The slight twist is that the post will feature someone else’s predictions—much easier than gazing into my own crystal ball.
You already know how important information technology is to your business. You've got a website that pushes your brand and maybe even sells your products; you've got an internal network that connects all of your employees to each other and the documents they need; you've got company email to manage, and maybe a bunch of cellphones and BlackBerrys to keep track of; you've got security cameras, passwords, log-ins and keycards; and you've got employee management systems covering attendance, payroll, benefits and more. If any of these fails, you've also got a big problem.