A Cutter Consortium risk management survey explored in detail organizations' risk management practices. The participants included 180 IT managers involved in various IT positions. The survey included more than 50 risk management-related questions [1].

To regard the business as a customer -- the customer -- of the IT department is a sensible practice, with one exception: handling the strategic aspects of information technology requires an approach and attitude beyond what is generally recognized in IT as serving the needs of the business.

In the current environment, where many activities and functions of an organization are outsourced, one might wonder whether innovation could also be outsourced. Yes, innovation can be outsourced. In fact, it has been happening for some time now, although organizations don't plainly call it outsourcing. This can be done in three different ways: takeover, assignment, and joint network.

One of the biggest trends in business intelligence (BI) is the growing use of digital dashboards and scorecard applications. Organizations are implementing digital dashboards and scorecards to satisfy various daily BI needs, ranging from monitoring financial operations and highlighting sales trends to providing better visibility into supply chain processes and contact center operations.

The early 20th century was a very interesting time; the automobile, the telephone, the radio, and the airplane emerged and became popular. The world would never be the same. Mass production and scientific management brought progress to manufacturing and made goods cheaper and more readily available to more people.