20. Risk / Reward Ratios
20
PROCESS IMPROVEMENT EXPERIMENTS
RENEWAL TRANSFORMATION
Short-term profitability Long term growth
Shared
Infrastructure
Business
Solutions
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21. Characterizing IT investments
21
Investment Type Drivers Sample initiatives
Transformation A core infrastructure that is
inadequate for desired business
model
- ERP implementation
- Building data warehouses
- Implementing middleware
layer
Renewal Opportunity to reduce cost or
raise quality of IT service
Upgrading technology standards
Retiring outdated systems and
technologies
Process improvement Opportunity to improve
operational performance
Employee self serve
Streamlining IT processes
Experiments New technologies, new ideas,
new processes, new business
models
Testing demand for new
products
Testing pricing strategy
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23. Value of Information
23
The value of information comes from the characteristics it possesses:
• Availability
• Accuracy
• Authenticity
• Confidentiality
• Integrity
• Utility
• Possession
23
24. Valuing Information
24
• Information value grows with use
• Information value is not stable
•
Information value grows with accuracy
•
Information increases in value when combined with other
information
•
Information value does not drop with use
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25. 25
Risk Assessment
Qualitative Risk Assessment
Risk is defined in subjective, qualitative terms due to the uncertainty in likelihood and impact
values.
Difficulties
1.Evaluating likelihood and impact of risks qualitatively, without bias.
2.Same scales to be used in the assessment of multiple risks
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26. Risk Management Strategies
26
Mitigation
Fix the flaw or provide compensatory control to reduce the likelihood or impact associated
with the flaw.
Transference
Transference is the process of allowing another party to accept the risk on your behalf.
This does not decrease the likelihood or fix any flaws, but it does reduce the overall impact
on the organization.
Acceptance
Acceptance is the practice of simply allowing the system to operate with known risks.
Avoidance
Avoidance is the practice of removing the vulnerability of the system or remove the
system itself.
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27. Summary
• Risk / Reward Ratio
• Create a portfolio of risks
• Develop a risk management plan
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28. • MOOCs and e-learning good for democratizing content but
lack experience
• Use Experience to motivate
• Immersive gamification to engage with audience better
• Provides a safe learning environment for managers
• Converting a 2x2 matrix into an immersive game that
managers can play and learn at the same time
Key Takeaways28
32. Our Offerings
32
We have three core experiential learning offerings -
1 2 3
Products Programs Pillars
32
33. Our Products
33
We enable continuous learning through a portfolio of experiential learning products
1
3
2
4
Business Simulation Animated Video Based Learning
Casestudy Platforms Gamified e-Learning Capsules
33
34. Our Programs
34
We offer 20+ off the shelf experiential learning training programs
Some of our simulation based training programs run by us under the four major themes -
• Leading Successful Change
• The Adaptive Leadership Program
• Leading Without Authority
• Influencing Skills
• Big Picture Thinking
• Achieving Excellence in Strategy Execution
Leadership and Strategy
• Managing Projects for High Impact
• Technology Risk Management
• Managing Technology Transformation
• Governing IT for Value Maximization
Technology Management
• Financial Acumen for Non-finance
Managers
Finance and Accounting • Leading successful Sales Teams
• Consultative Selling
• Advance B2B Marketing
Sales and Marketing
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