Enterprise risk management

Do you have a process for determining how (or even whether) you should respond to users on racial and social justice issues? Here's my advice for getting some digital policies and processes in place.

How do you create policies that act as guard rails, giving employees a high degree of freedom within a framework established to minimize the possibility of making a mistake?

When COVID-19 erupted into our lives, we had to adapt quickly, working from home despite what our digital policies might say about security and personal devices.

The leadership must be committed to investing the necessary resources of time, money, human resources, and, in some cases, technology. So how do you get your management on board with digital policy aspirations?

Comprehensive digital policies and practices ensure that a business complies with regulations. Counterintuitively, they also help the bottom line, unlock opportunity and streamline operations.

This is the time for companies to institutionalize (create, codify, train, hold accountable) smart and sound digital policies and practices in order to reduce digital risk and capitalize on the opportunities.

It would be nice if we could create laws before the situations they address present themselves, but the law rarely works that way. Here is how to provide digital policy guidance in an ever-changing landscape

What you need to know about the GDPR stance on automated decision-making

What can your organization do to guide employees into correctly balancing their rights to free speech and personal use of social media, while also protecting the brand and reputation of your company?

All eyes have been on GDPR, but there is more to digital integrity and online risk coming our way. Pay attention to the proverbial forest as well as the trees.

Use this list to determine which digital policies you choose to create and adopt depend on variables particular to your organization.

Don't re-create policies and silo digital requirements. Instead, extend organizational policies to include digital.

A primer on how to get started with digital policy development.

The costs relating to any digital risk can be material, and most organizations do not calculate the risk of such exposure. It is the job of the CFO to ensure that the business appropriately reflects those risks in the 10-Q and 10-K filings.

Once you have identified who in your organizations should be tasked with establishing digital policy, it is time to assign official duties. I have provided a good list to get you started.

Creating and maintaining digital policies is, by nature, a team endeavor. But you also need someone to lead the team.

A good digital policy repository will enable digital workers to self-service to guidance, and you will have a higher rate of compliance.

Organizations have historically relied on IT for technical systems execution and, with the rise of websites and associated digital operations, that norm continued. So why can't IT own digital policies?

Today business users and digital marketers challenge their organization’s online integrity in many ways. Lawyers can help avoid the legal and regulatory landmines that pose a threat.

A few years ago, it would have been unheard of to have a Chief Digital Officer (CDO) in an organization.