Strategic Risks

Want to see risk from the board of directors' perspective? See this list of strategic risks so you can understand the mindset of those folks providing enterprise
oversight and making investment decisions. ...

... "Investment risk relates to the ability to manage business technology spending in a business environment in which capital is scarce and technologies are volatile, expensive and not easily understood. " ...

Via Baseline: Managing Risk from Board Perspective

IT Strategy Is On Board-Room Back-Burner

Deloitte survey provides insights into boardroom perspectives on IT strategy. While boards don't have more time to focus on IT strategy, the limited time available should be used effectively. ...

... "But they don't plan to work toward improving the strategy: 52 percent said their board won't spend any more time on IT over the next three years than it does now. " ...

Via CIO: Board Perspectives on IT

PMO Increases Project Success Rate

The project management office adds value through consistent methods and discipline to increase the success rate of the project portfolio. ...

... "Board executives often approve IT projects without fully understanding them which is why organizations need to establish a Project Management Office (PMO) ... " ...

Via Computerworld Australia: Project Transparency

Board Level View of IT

What is the right level of board involvement, awareness of IT, and influence on IT strategy? Boards are definitely concerned with business strategy. What is the right equilibrium for board-level IT discussion - %of time and frequency? Are the amounts in the referenced survey out-of-whack? I'm not sure ... I would want the board to focus on business strategy. And, if IT were aligned with it, would a lower frequency and amount of discussion be ok? Maybe, if the quality of the minimal discussion was high. What are the thoughts in the blogosphere? ...

... "Yes, directors say the right things about the importance of IT, and make the by now obvious connection between effectively executing IT strategy and better financial performance. But their lack of attention to IT ought to concern CIOs and shareholders. " ...

Via CIO Insight: Survey of Board Views on IT