AWS Cloud Enterprise Strategy Blog
Resilience, Part Two: Focusing on People
We’ve learned from COVID-19 that in a crisis, enterprises quickly have to focus on getting their employees working again. It’s the chief prerequisite for reestablishing business operations. After all, how can your employees respond to the crisis if they can’t work? In an earlier post I pointed out that agility, or nimbleness, is the essential […]
Guts, Part Three: Having Backbone – Disagreeing and Committing
Sometimes, other leaders in your company reject your ideas. Perhaps you’re a CIO, who knows perfectly well that the cloud will have tremendous benefit for your company. But the CFO says no, it’s too risky, or the economic projections aren’t convincing. Or perhaps the CEO doesn’t think it’s a priority right now, or the board […]
Evolving GRC to Maximize Your Business Benefits from the Cloud
Introduction by Mark Schwartz This post continues our series on governance in the cloud. In earlier posts we discussed new strategies for governance, the governance that requires standardization and rules, and governance that oversees projects and investments. In another post John Thorp of AWS Professional Services wrote about AWS’s frameworks for evolving your Governance, Risk, […]
Mental Models to Clarify the Goals of Digital Transformation, Part 2
In an earlier post, I proposed that rather than trying to make sense of the term digital transformation, we think of it as the application of eight new mental models to the way we do business. In that post I discussed the first four mental models; here I’ll cover the remaining ones. Model 5: Being […]
One Yardstick to Rule Them All: How Gamifying Marginal Cost Could Be a Game Changer
Introduction by Mark Schwartz Back around the end of 2018 we ran a series of blog posts on the implications of the cloud on cost structure, where we discussed some of the interesting and more subtle consequences of changing fixed costs to variable. In particular, as I pointed out, the cloud and DevOps let you […]
Transform Your GRC Strategy to Get the Most Out of the Cloud
Introduction by Mark Schwartz In several earlier posts I discussed new strategies for governance in the cloud and the digital world in general. In the first, I talked about the kind of governance that requires standardization and rules. In the second, I wrote about governing projects and investments. The underlying point of these posts was […]
Guts, Part Two: Working with Vendors and Contractors
In my last post I talked about the need for leaders to have guts—in the sense of being willing to make decisions under uncertainty once they’ve gathered enough information. But that’s not the end of the story. In this post I want to talk about gutsy management of vendor relations. In the next post I’ll […]
Mental Models to Clarify the Goals of Digital Transformation, Part 1
As we’ve all realized by now, the term digital transformation has become slippery and overused. Something big is going on today in the way technology is used in large enterprises, a change that seems to have something to do with digital technology, digital ways of working, and the increasing importance of digital interactions in our […]
Resilience, Part One: Preparing for Unknown Unknowns
The important lesson to learn from COVID-19 is not that we need to be prepared for pandemics: it’s that we need to be prepared for unexpected, high-impact events, whatever they may be. Any particular one of these events is too unlikely to plan for, but taken collectively, there’s a reasonable chance that one of them […]
Guest Blog: Accelerating Adoption of Machine Learning in the Financial Services Industry
Machine Learning (ML) is such a powerful new set of technologies, opening up so many business possibilities, that it’s sometimes difficult to imagine how best to put it to use. The possibilities are overwhelming, and there is little history to build on. In this post Baran Karlidag ties ML to the specific challenges that financial […]