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Develop an IT Risk Management Diagnostic Program

Are you managing IT risk as well as you think you are? Measure it.

Whether you have a formal IT risk management program or not, every CIO must manage IT risk. Often, the gap between managing risk and managing risk well is much larger than you think. It’s time to measure how well you are measuring risk and if you are in-line with what your company expects from you.


Your Challenge

  • IT risk management is only as good as the business thinks it is. IT runs your business. So stop thinking that IT risks only impact IT. Find out what your business stakeholders feel is the right amount of risk and modify IT risk management practices accordingly.
  • Measure before you cut. Determining whether IT risk management requires a complete overhaul, or merely a few incremental improvements, requires a clear understanding of your current maturity and a vision for the future. Understand the priorities of IT and the business through collaborative discussions.
  • Numbers speak louder than words. Obtaining support and sponsorship from senior leadership to strengthen IT risk management requires a compelling business case with metrics that resonate with key stakeholders. Info-Tech’s Risk Management Diagnostic has appropriate metrics to measure risk management success every step of the way.

Our Solution

  • Our diagnostic program highlights your current strengths and weaknesses of your IT risk management. Our diagnostic will provide you with prioritized action items to improve and optimize your IT risk management program according to both IT and business priorities.
  • Our approach measures the business’ satisfaction, expectations, and priorities, allowing you to craft an action plan that integrates IT and business risk management.
  • Our focus is on using data to clearly articulate where IT excels and where steps need to be taken to manage risk more effectively.
  • Our self-assessment delivers the value of an expensive third-party audit at a fraction of the time and cost.

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Authors

David Yackness

Eric Dolinar

Scott Janz

Search Code: 80581
Last Revised: May 10, 2016

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