Business Transformation Requires Transformational Leaders

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Insight

With the fiftieth anniversary of Watson and Crick's discovery of the double helix and the completion of the Human Genome Project, some are applying this "genetic" metaphor to other fields. Risk management is a tempting target as the modern era of risk management is around fifty years old as well. Currently, the "discipline" suffers from differences in basic language and definitions, let alone methodologies.


Here's a schizophrenic trend we need to understand: On the one hand, there are new collaborative business models that require speed and agility; but on the other, we're still laboring under "consensus management" practices that inhibit our ability to maneuver quickly. Is there a new trend emerging, one that collapses the distance between decisionmaking speed and consensus?


Most of us have witnessed or been involved in project decisions "gone wrong." This includes systems that go live before they are really ready, budget overruns that drain resources from other projects, and resource allocations that are made in the hopes of "getting the project done."

  For more on IT's role in improving data quality, see the January 2003 issue of Cutter IT Journal, available from Cutter Consortium at +1 781 641 9876, fax +1 781 648 1950, or e-mail