The latest trend, which is amplified by recent market events, is the growing
need for governance and control over the human work being carried out around
business processes and day-to-day operations. From how a loan is granted, to
how an oil rig is approved for drilling, there is a concrete need to manage
and control human work and make sure it adheres to standards, regulations,
and best practices.
Facing the harsh times ahead, CIOs will be required to provide solutions that
will cut costs, make processes more efficient, and provide managerial
visibility, control, and compliance with regulations and governance acts. For
example, consider the following simple scenario - a corporate VP receives a
full report from internal control containing all findings from the recent
a... (more)