It was the best of times, it was the worst of times
Digital Transformation is everywhere and can become a bit of a minefield of jargon and terminology, from AI to Analytics, and IoT to Ransomware, technical terminology can be confusing and as a business transformation leader, you need to understand the potential technology can provide for your organisation.
If you find yourself in over your head confusing your RPA with your BPM, our partner IQPC have provided a glossary of technology-focused terms to help organisations understand their opportunities and the terms that are trending amongst digital transformation.
In 2018, as many people have predicted, we have seen explosive commercial growth of the Internet of Things (IoT) and wearable technologies. This has created an opportunity for cyber attackers to ply their trade and a new term – ‘Ransomwear’ – has been coined (see recent Symantec research on this). This can be understood as malware delivered through social engineering or pushed directly onto a wearable device.
There is some form of management reality beyond the “100 days” journalistic cliché: How does an incoming executive make an impact in a new role? What are the real timeframes to look at, and what can be expected and over what horizon? What are the key issues that should raise a red flag during the first few months in a new senior position? and those which can be ignored?
It’s another milestone in the race to artificial superintelligence:
A study conducted by legal AI platform LawGeex in consultation with law professors from Stanford University, Duke University School of Law, and the University of Southern California, pitted twenty experienced lawyers against an AI trained to evaluate legal contracts. Their 40-page report details how AI has overtaken top lawyers in accurately spotting risks in everyday business contracts.
Building an environment for success
Digital transformation is a buzzword that has increasingly been doing the rounds in business circles. The reality is that almost every true business ‘transformation’ taking place at the moment involves a large amount of digitising a process or stored information. If you’ve still got stacks of paper in filing cabinets, it’s guaranteed you’re not far off from a digital transformation.
The need for culture change
Through this series, we have examined how an incoming CISO can create the conditions to truly make a difference in their new job.
Of course, as we stated in the introductory article, all companies are different from one another and so are most individuals. Each will be at their particular stage in terms of security or managerial maturity.
Three misconceptions and one key tip.
No industry is immune to disruption. Are your competitors doing an "Uber"? Are the likes of Amazon, Apple or Google moving in on your territory in Finance, Telecoms, Transportation or Home accessories? And how about those AI's that are replacing accountants, lawyers and doctors?
Part 4 — What do we want?
This is the point when you really get stuck in. By now, you would have been in the new CISO job for about 2 months and it should start to feel less and less like a new job. Of course, this is not really about 100 days, and you should also start to realise it.