A Systems Approach To Enterprise Risk Management In High-Tech Industry
- Topics:
- Enterprise Risk Management
- Tags:
- Business Operations,
- Business Security,
- Enterprise Risk Management,
- Massachusetts Institute Of Technology
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Overview: The high-tech industry is showing interest in developing an enterprise wide approach to risk management. There are three reasons for this increased interest; first as the industry has matured, as evidence by slower growth, increasing consolidation and global competition, managing "Costs" has moved to center stage; second, technology product life cycles have progressively shrunk leading to increased technology strategy risk; and third larger events such as 9/11 and corporate scandals have created an awareness of new risk to be managed. We combine these frameworks and methodologies together to create what we call Integrative Corporate Risk Management (ICRM) architecture to help-tech firms develop a state of the art enterprise risk management capability.
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Format: PDF | Size: 6,656KB | Date: Feb 2005 | Pages: 118
