AWS Cloud Enterprise Strategy Blog
Tag: Risk Management
Overseeing AI Risk in a Rapidly Changing Landscape
With AI’s rapid evolution, boards face multi-faceted risks requiring diverse oversight, technical expertise, agile risk-mitigation, clear values guiding deployment, and robust cybersecurity – proactively managing uncertainties while capturing AI’s transformative potential.
A Culture of Resilience
There’s something problematic about planning for resilience. On the one hand, we know it’s necessary. If the COVID pandemic taught us nothing else, we learned that unexpected major disruptions can and will occur. And those disruptions will involve not just technology but, in some cases, business processes, personnel, communication, and even the fundamental market characteristics […]
Complexity, interchangeability, and partnership in outsourcing
In this post, John Naylon draws an interesting connection between multi-cloud strategies and outsourcing. I won’t steal his thunder by saying any more! Mark Complexity, interchangeability, and partnership in outsourcing What do emptying the office wastepaper baskets and manufacturing iPhones have in common? Perhaps not much on first inspection. However, these are both tasks which […]
Opportunity Risks and Costs of Delay
We’re taught as managers that rigorous analysis and due diligence are a critical part of our jobs. There’s certainly comfort in spending the time to deeply analyze decisions before we make them. I don’t mean to question that received wisdom, just to point out that there’s a trade-off. Good managers need to do “the right […]
I’m a Mature Cloud Adopter. Now What?
Many enterprises have already become proficient with the cloud. They’ve migrated a substantial portion of their workloads, learned the necessary cloud skills, established an aggressive security posture, and developed at least an initial workable operating model. What’s next? How do you build on that foundation to maximize the value of the cloud? Here are some […]
CxO Insight: Reporting Cybersecurity to the Board
by Clarke Rodgers, Enterprise Strategist, AWS Enterprise Strategy Over the last several months, one of the most common discussions I have had with members of the C-Suite is around how to effectively report and/or discuss cybersecurity with the organization’s Board of Directors (BoD) and/or Senior Leadership Team (SLT). Background Before I get into the details, […]
Techniques for Managing Strategic Risk
This new blog post, by John Naylon, Principal Solutions Architect at AWS, focuses on an important category of risk—strategic risks to a company. He shows why agility is so important in addressing those risks, and how balancing opportunities with risks effectively provides companies with a hedge against risks that can’t otherwise be mitigated. –Mark By […]
CFO Series: The Sniff Test
If you’re a CFO, you’re acutely aware of your fiduciary responsibilities. Over the long term, the cloud is likely to be a material element of your cost structure. The decision to move to the cloud must be made with appropriate care and diligence. To add complexity to the decision, much of your due diligence is […]
Evolving GRC to Maximize Your Business Benefits from the Cloud
Introduction by Mark Schwartz This post continues our series on governance in the cloud. In earlier posts we discussed new strategies for governance, the governance that requires standardization and rules, and governance that oversees projects and investments. In another post John Thorp of AWS Professional Services wrote about AWS’s frameworks for evolving your Governance, Risk, […]
Risk and Plans: More Constraints Requires More Agility
I am often asked a question along these lines: Mark, I get that Agile and DevOps approaches favor learning and adjusting over rigidly following a plan. But our budgeting process locks in our spending (and therefore our annual plan) in advance, and our investment management process necessarily locks in spending levels and schedules for each […]