Strategic Risk Intelligence And Digital Transformation
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Strategic Risk Intelligence And Digital Transformation
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Author : Eduardo Rodriguez
language : en
Publisher: World Scientific
Release Date : 2024-03-19
Strategic Risk Intelligence And Digital Transformation written by Eduardo Rodriguez and has been published by World Scientific this book supported file pdf, txt, epub, kindle and other format this book has been release on 2024-03-19 with Business & Economics categories.
In this book, the study of strategic risk is not only for its control and mitigation using analytics and digital transformation in organizations, but also it is about the strategic risks that digital transformation can bring to organizations. Strategic risk control is one of the goals in creating intelligent organizations and at the same time it is part of the appetite for creating smarter organizations to support organizations' development. Knowledge that is created by data analytics and the capacity to operationalize that knowledge through digital transformation can produce potential sustainable competitive advantages.The core of the volume is connecting data analytics and artificial intelligence, risk management and digitalization to create strategic intelligence as the capacity of adaptation that organizations need to compete and to succeed. Strategic intelligence is a symbiotic work of artificial intelligence, business intelligence and competitive intelligence. Strategic risk is represented by the probability of having variations in the performance results of the organizations that can limit their capacity to maintain sustainable competitive advantages. There is an emphasis in the book about the conversion of models that support data analytics into actions to mitigate strategic risk based on digital transformation.This book reviews the steps that organizations have taken in using technology that connects the data analytics modeling process and digital operations, such as the shift from the use of statistical learning and machine learning for data analytics to the improvement and use of new technologies. The digitalization process is a potential opportunity for organizations however the results are not necessarily good for everyone. Hence, organizations implement strategic risk control in cloud computing, blockchain, artificial intelligence and create digital networks that are connected internally and externally to deal with internal and external customers, with suppliers and buyers, and with competitors and substitutes. The new risks appear once new knowledge emerges and is in use, but at the same time the new knowledge supports the initiatives to deal with risks arising from novel ways of competing and collaborating.
Digital Transformation Strategic Resilience Cyber Security And Risk Management
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Author : Kiran Sood
language : en
Publisher: Emerald Group Publishing
Release Date : 2023-09-28
Digital Transformation Strategic Resilience Cyber Security And Risk Management written by Kiran Sood and has been published by Emerald Group Publishing this book supported file pdf, txt, epub, kindle and other format this book has been release on 2023-09-28 with Business & Economics categories.
Contemporary Studies in Economic and Financial Analysis publishes a series of current and relevant themed volumes within the fields of economics and finance.
Digital Strategies And Organizational Transformation
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Author : G Reza Djavanshir
language : en
Publisher: World Scientific
Release Date : 2023-08-02
Digital Strategies And Organizational Transformation written by G Reza Djavanshir and has been published by World Scientific this book supported file pdf, txt, epub, kindle and other format this book has been release on 2023-08-02 with Technology & Engineering categories.
In today's highly competitive business environments, with the rise of digital businesses and digital economy, digital strategies and organizational changes go hand in hand. Organizations that possess a robust digital strategy benefit greatly from the advancements of emerging digital technologies, and hence, making necessary organizational changes in order to maximise the benefits have become vital for their survival. According to MIT Sloan's Center for Information Systems Research (CISR), '[i]n this period of digital disruption, businesses focused narrowly on value chains are at a disadvantage'. Next-generation enterprises need to think more broadly about their business ecosystems, leverage digitization to understand their customers better, and establish options for future success. Therefore, competitive businesses have started using a variety of digital tools including artificial intelligence, alongside other digital applications, making the required changes to their organizational models and cultures to better serve their customers efficiently and effectively.This book contains a collection of chapters describing these digital strategies and how they go hand in hand with organizational changes. We solicited contributions from well-known academics from universities, business leaders, and experts within businesses and government organizations for this book. The majority of the chapters examines the necessary relationships between these two critical issues. Specifically, this book discusses how to infuse new knowledge into ongoing discourse and debates within academia and business organizations regarding digital strategies and organizational changes, and how to accomplish seamless integration of digital tools and applications into organizational platforms in order to accomplish the required organizational changes smoothly.In summary, this book discusses the integration and implementation of digital technology and the required organizational changes to take advantage of the phenomenon of digitization. In order to create competitive advantage, leadership organizations must address the challenges of formulating and implementing robust digital strategies and simultaneously, start making the required organizational changes, as this book concludes.
Powering The Digital Economy Opportunities And Risks Of Artificial Intelligence In Finance
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Author : El Bachir Boukherouaa
language : en
Publisher: International Monetary Fund
Release Date : 2021-10-22
Powering The Digital Economy Opportunities And Risks Of Artificial Intelligence In Finance written by El Bachir Boukherouaa and has been published by International Monetary Fund this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-10-22 with Business & Economics categories.
This paper discusses the impact of the rapid adoption of artificial intelligence (AI) and machine learning (ML) in the financial sector. It highlights the benefits these technologies bring in terms of financial deepening and efficiency, while raising concerns about its potential in widening the digital divide between advanced and developing economies. The paper advances the discussion on the impact of this technology by distilling and categorizing the unique risks that it could pose to the integrity and stability of the financial system, policy challenges, and potential regulatory approaches. The evolving nature of this technology and its application in finance means that the full extent of its strengths and weaknesses is yet to be fully understood. Given the risk of unexpected pitfalls, countries will need to strengthen prudential oversight.
Risk Intelligence
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Author : David Apgar
language : en
Publisher: Harvard Business Press
Release Date : 2006-07-06
Risk Intelligence written by David Apgar and has been published by Harvard Business Press this book supported file pdf, txt, epub, kindle and other format this book has been release on 2006-07-06 with Business & Economics categories.
Too many executives think risk management is strictly for technical specialists. In Risk Intelligence: Learning to Manage What We Don’t Know, David Apgar challenges this misconception. The author explains how to raise the quality of your risk analysis—-thus enhancing your “risk IQ”—-by applying four simple rules: 1) Recognize which risks are learnable—and reduce their uncertainty by discovering more about them. 2) Identify risks you can learn about the fastest. The higher your learning speed, the more a project is worth pursuing. 3) Take on risky projects one at a time—learning about the risks underlying each before moving to the next. 4) Build networks of business partners, suppliers, and customers who can collectively manage new ventures’ risks by playing distinct roles. The book provides two tools for improving your risk IQ—the Risk Intelligence Audit and the Risk Scorecard—and concludes with a 10-step action plan for systematically raising your managerial and organizational risk IQ. Your reward? Smarter business decisions over time.
Cybersecurity In Digital Transformation
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Author : Dietmar P.F. Möller
language : en
Publisher: Springer Nature
Release Date : 2020-12-03
Cybersecurity In Digital Transformation written by Dietmar P.F. Möller and has been published by Springer Nature this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020-12-03 with Computers categories.
This book brings together the essential methodologies required to understand the advancement of digital technologies into digital transformation, as well as to protect them against cyber threat vulnerabilities (in this context cybersecurity attack ontology is included, modeling different types of adversary knowledge). It covers such essential methodologies as CIA Triad, Security Risk, Likelihood, and Consequence Level, Threat Attack Profiling, Threat Intelligence, Threat Lifecycle and more. The idea behind digital transformation is to use digital technologies not only to replicate an existing process in a digital form, but to use digital technology to transform that process into something intelligent (where anything is connected with everything at any time and accessible and controlled and designed advanced). Against this background, cyber threat attacks become reality, using advanced digital technologies with their extreme interconnected capability which call for sophisticated cybersecurity protecting digital technologies of digital transformation. Scientists, advanced-level students and researchers working in computer science, electrical engineering and applied mathematics will find this book useful as a reference guide. Professionals working in the field of big data analytics or digital/intelligent manufacturing will also find this book to be a valuable tool.
Innovative And Agile Contracting For Digital Transformation And Industry 4 0
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Author : Shalan, Mohammad Ali
language : en
Publisher: IGI Global
Release Date : 2020-12-18
Innovative And Agile Contracting For Digital Transformation And Industry 4 0 written by Shalan, Mohammad Ali and has been published by IGI Global this book supported file pdf, txt, epub, kindle and other format this book has been release on 2020-12-18 with Business & Economics categories.
Digital transformation is reshaping the business arena as new, successful digital business models are increasing agility and presenting better ways to handle business than the traditional alternatives. Industry 4.0 affects everything in our daily lives and is blurring the line between the physical, the biological, and the digital. This created an environment where technology and humans are so closely integrated that it is impacting every activity within the organizations. Specifically, contracting processes and procedures are challenged to align with the new business dynamics as traditional contracts are no longer fitting today's agile and continuously changing environments. Businesses are required to facilitate faster, more secure, soft, and real-time transactions while protecting stakeholders’ rights and obligations. This includes agile contracts which are dynamically handling scope changes, smart contracts that can automate rule-based functions, friction-less contracts that can facilitate different activities, and opportunity contracts that looks toward the future. Innovative and Agile Contracting for Digital Transformation and Industry 4.0 analyzes the consequences, benefits, and possible scenarios of contract transformation under the pressure of new technologies and business dynamics in modern times. The chapters cover the problems, issues, complications, strategies, governance, and risks related to the development and enforcement of digital transformation contracting practices. While highlighting topics in the area of digital transformation and contracting such as artificial intelligence, digital business, emerging technologies, and blockchain, this book is ideally intended for business, engineering, and technology practitioners and policy makers, along with practitioners, stakeholders, researchers, academicians, and students interested in understanding the scope, complexity, and importance of innovative contracts and agile contracting.
Cybersecurity For Business
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Author : Larry Clinton
language : en
Publisher: Kogan Page Publishers
Release Date : 2022-04-03
Cybersecurity For Business written by Larry Clinton and has been published by Kogan Page Publishers this book supported file pdf, txt, epub, kindle and other format this book has been release on 2022-04-03 with Business & Economics categories.
Balance the benefits of digital transformation with the associated risks with this guide to effectively managing cybersecurity as a strategic business issue. Important and cost-effective innovations can substantially increase cyber risk and the loss of intellectual property, corporate reputation and consumer confidence. Over the past several years, organizations around the world have increasingly come to appreciate the need to address cybersecurity issues from a business perspective, not just from a technical or risk angle. Cybersecurity for Business builds on a set of principles developed with international leaders from technology, government and the boardroom to lay out a clear roadmap of how to meet goals without creating undue cyber risk. This essential guide outlines the true nature of modern cyber risk, and how it can be assessed and managed using modern analytical tools to put cybersecurity in business terms. It then describes the roles and responsibilities each part of the organization has in implementing an effective enterprise-wide cyber risk management program, covering critical issues such as incident response, supply chain management and creating a culture of security. Bringing together a range of experts and senior leaders, this edited collection enables leaders and students to understand how to manage digital transformation and cybersecurity from a business perspective.
Disruptive Technology And Digital Transformation For Business And Government
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Author : Sandhu, Kamaljeet
language : en
Publisher: IGI Global
Release Date : 2021-05-07
Disruptive Technology And Digital Transformation For Business And Government written by Sandhu, Kamaljeet and has been published by IGI Global this book supported file pdf, txt, epub, kindle and other format this book has been release on 2021-05-07 with Business & Economics categories.
With the far-reaching global impact of the COVID-19 pandemic, the demand and the necessity for digital enterprise transformation have accelerated exponentially. Management and strategies for the adoption and wider usage of newer digital technologies for the transformation of an enterprise through digital tools such as real-time video communications have shown that people no longer need to be required to be physically present in the same place; rather, they can be geographically dispersed. Technologies such as artificial intelligence, cloud computing, digital banking, and cloud data have taken over tasks that were initially done by human hands and have increased both the automation and efficiency of tasks and the accessibility of information and services. Inclusion of all these newer technologies has shown the fast pace at which the digital enterprise transformation is rapidly evolving and how new ecosystems are reshaping the digital enterprise model. Disruptive Technology and Digital Transformation for Business and Government presents interesting research on digital enterprise transformation at different stages and across different settings within government and industry, along with key issues and deeper insights on the core problems and developing solutions and recommendations for digital enterprise transformation. The chapters examine the three core leaders of transformation: the people such as managers, employees, and customers; the digital technology such as artificial intelligence and robotics; and the digital enterprise, including the products and services being transformed. They unravel the underlying process for management and strategies to fully incorporate new digital tools and technologies across all aspects of an enterprise undergoing transformation. This book is ideally intended for managers, executives, IT consultants, business professionals, government officials, researchers, students, practitioners, stakeholders, academicians, and anyone else looking to learn about new developments in digital enterprise transformation of business systems from a global perspective.
Undisrupt Artificial Intelligence Led Digital Transformation
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Author : Manish Choudhary
language : en
Publisher:
Release Date : 2022-07
Undisrupt Artificial Intelligence Led Digital Transformation written by Manish Choudhary and has been published by this book supported file pdf, txt, epub, kindle and other format this book has been release on 2022-07 with categories.
This book is about a five-step framework for leaders who want to use AI & Data to transform their businesses. Armed with real-world case studies from established markets like the USA, Europe as well as emerging markets like China, and India, based on research, insights from interviewing C-suite leaders, and interactions with directors-founders-CEO, stories of success as well as some failed attempts woven into this guidebook will help you make up a framework in 5 stages that every business will need for Al-led transformations.It will help you make decisions across all levels and on a broad spectrum of issues ranging from data to culture to boardroom to risks. You may be a business leader, a data scientist, a consultant, or a professional in a large company or a startup responsible for any kind of transition - market or technology or change. Any professional engaged with AI, data, and how to apply it in an organization; any board member or senior executive who impacts people or the product culture or influences risks; is the right audience for the book.What's common to a pizza, a recruitment platform, a vehicle to rent, a room to stay in, a portal offering many products, and a piece of music? The companies behind these products have all pushed the boundaries on Data and Al to transform their businesses.5-STAGE FRAMEWORKSTAGE 1 - BUSINESS OUTCOMES - Real-life case studies of how AI is building one great company at a time.STAGE 2 - DATA STRATEGY - building the right data strategy to enable AI.STAGE 3 - CULTURE - Building the right engineering, product, and talent culture for Al & Data.STAGE 4 - BOARDROOM CONVERSATIONS - Board composition, the role of the board with Al & data.STAGE 5 - RISK - Do not ignore the legal and ethical risks of AI in your business.