Risk has always been a challenge for many areas of business management. Over recent years, though, digital transformation and the deployment of new technologies have been rising on the corporate risks league tables. Businesses are also learning that it’s usually the execution of the IT project, not the technology, that counts.
Of course, the best way to deal with risk is to avoid it altogether. Crisis Management people talk about the ‘prodromal stage’ of a crisis, when the challenge is to detect the tiniest signal of a potential problem, then take steps to avoid it. Even better is to have access to expertise, with the knowledge and experience to predict a crisis when there are no signals at all.
At Optinet, this is something we focus on strongly. For every project, large or small, we build into our planning an analysis of potential risks and things that could go wrong. A typical example was a project undertaken for our client CEDA – ‘Community, Equality, Disability Action’ – based in Devon.