To actively manage risk across your enterprise, you will need develop an organization-wide consistent method to seeking out and identify risk. This requires two critical steps: 1) develop a clear definition of risk enterprise-wide and 2) teach your staff to seek out and plan for all types of risk: positive, negative, internal and external. Once you do this, you will be ready to begin planning for and managing response to nearly any situation of importance that is likely to occur…

Today is the first day of 2010. This year, as we exit a global recession our hopes for success are much larger than before—while our margins for success are tighter than they have been for many years. Use of Active Risk Management (ARM) can be vital helping us navigate these challenges…

When a new, hot technology appears, it is easy to jump on the bandwagon and focus solely implementing it for your enterprise. However, if you do this you are likely to only do just that, deliver new technology. To use technology to create business value you have start by putting your finger on a problem to solve (then providing all that is needed – technology and otherwise) to solve this problem…

Many of us use Twitter, a free cloud-based service, to market ourselves and conduct one-to-one business development. Unfortunately, hackers brought Twitter down several times already this month with Denial-of-Service attacks. This begs the question, “when should we invest in obtaining our own clouds—vs. sharing free crowds with others?”…

Last week, I participated in a panel discussion at the Wharton School on the effects of social networks on technology and business strategy. Here is a wrap-up of what I heard…

On May 22, Steve Ennen, Managing Director, Wharton Interactive Media Initiative will be moderating a panel discussion on the business and strategy in the Age of Social Networks. Here is some food for thought to those planning to attend…