|
by: Sean Lyons
by David Rowe - Sungard on Jul 19, 2007 - 07:38 AM read 273 times Source: http://www4.sungard.com/blogs/riskManagement/?p=14#commen... |
|
I would have to agree with David in relation to the challenges facing a holistic solution and the evolution towards cross-functional convergence, particularly in relation to the expected resistance from existing silos within an organisation. Generally speaking silo type environments are typically inefficient and often ineffective, which obviously has a negative impact on the organisation’s performance. Certainly most organisations suffer from a degree of internal politics however it is only what has been described as a dysfunctional organisation which will actually allow internal power struggles and turf wars to dictate strategy. Any organisation which allows departmental ambitions and personal interests to be put ahead of the interests of the organisation as a whole is in already in serious trouble. I believe that most progressive organisations have a low tolerance for this behaviour, however to address this issue organisations do need to have appropriate systems of checks and balances in place. Apart from external drivers such as market competition, the internal driver is the organisations corporate governance responsibility to stakeholders. I believe that progressive organisations are learning how to ensure that the importance role of specialist skills are valued and appreciated within the organisation, and that rather than giving up their turf, these specialist units can be encouraged to play a more meaningful role in the organisation, in a valued partnership with their peers. I accept that this change will not occur overnight however I am perhaps a little bit more optimistic in relation to timeframes. I believe that some of these changes are already occurring and that significant progress has already been made, GRC being a prime example. There has however been developments in other areas such as “Unified Security Management”, “Risk Intelligence”, “Business Resilience” and “Corporate Defence Management (CDM)”, to name but a few. However it is important to build on this momentum in order to avoid the creation of simply larger silos. Call me naïve but I believe that there is currently a climate developing which is less resistant to change, more acquiescent to evolving and more determined to succeed, hence in my opinion this change will occur sooner rather than later.