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Developing a Common Language About IT Risk Management

Title Author(s) Type Topic(s) Comments Date
Developing a Common Language About IT Risk ManagementWesterman, George
Hunter, Richard
Working PaperIT-related Business Risk02009-06-09
Abstract: Although IT risks can have wide-ranging business consequences, few executives feel comfortable discussing IT risk management. It doesn't have to be this way. Executive-level tradeoffs around IT risk are managerial, not technical. The Four A Framework of Availability, Access, Accuracy, and Agility risks provides a common language that business and IT managers can use to manage IT risks without getting bogged down in technical complexity. Then you can build a risk management capability-by improving the IT foundation, installing a risk governance process, and creating a risk aware culture-that increases the returns from your IT risk management investments.

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