IT's New Corporate Role
Filed in archive News by Eileen Peck on September 13, 2007

As IT develops, however IT is beginning to focus on new elements of risk management. According to a report by Enterprise management
Associates, risk management in IT is beginning to focus on strategies that unify and integrate initiatives to deliver corporate objectives. Warning: PDF linkClearly, risk in terms of IT, is moving beyond the traditional definitions as it becomes integrated into strategic business processes. Risk management strategies are now being directed toward preserving resources, prioritizing expenditures and providing technologies that enable businesses to function according to plan. Further, the new roles of IT include integrator, arbitrator, and statistician. More frequently, IT is being called upon to measure the progress, value or impact of strategies employed by the company.
Risk, in IT circles, still includes security threats and environmental disasters, to be sure. As more corporate information is digitized, the effects of these misfortunes is amplified. The report suggests, however, that the role of IT in the corporation has undergone a subtle shift, and now occupies a more important seat at the corporate table.
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IT risk management business strategy 2007 corporate+role september+2007
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