Integrating digitalisation and data into governance and risk

As companies across sectors focus on digitalisation and data it’s clear that technology is no longer a matter solely for technology teams or only for technology companies.

How technology, risk management, operations and governance intersect will be the focus of a plenary discussion at Governance Institute of Australia’s National Conference in early September.

In a fireside chat hosted by LexisNexis Managing Director Greg Dickason, Google’s Vice President Anil Sabharwal will explore how technology has become intrinsic to the longevity, sustainability and governance.

Also a Non-executive Director for Wesfarmers, Google’s Mr Sabharwal has led the strategy and team behind the launch of Google Photos in 2015, which reached more than one billion monthly active users within four years. He also led product, design, and engineering for Google Chrome.

At the session, Mr Sabharwal will look at the meaningful impact of technology and data in three key conversations:

1. Risk management – There is a tremendous amount that needs to be done in terms of risk management because customer data is a major asset for almost every organisation. This conversation, Mr Sabharwal says, is also about the stuff we wish we did not have to consider like cyber security, phishing and insider risk.

Every company needs to meaningfully invest into the risk management and risk understanding of technology and customer data – for what services is the data used, where is it stored, who has access to that data, how that data can be potentially misused.

2. Business operations – How are you using technology to best and most meaningfully enable your business? This conversation stretches from your IT operations to your enterprise resource management platforms to your e-commerce software. And to how you think about your HR platforms or your sales environments.

The question here is this. We want to achieve our business objectives and so what are the technologies or capabilities that will allow us to do that faster, better, cheaper and more innovatively and sustainably?

3. Innovation – What are the new business opportunities that are coming about because of the macro trends happening in the world? What are the implications and opportunities offered by the democratisation of technology with accessibility now available to anyone?

The world is becoming a lot flatter. So, products that you previously thought are only being built and capable of being in Australia can now be shipped globally. You can hire globally. So, what are the new technologies or trends we should be paying attention to that may meaningfully shift of change the business landscape for the next five or 10 years?

Find out more at the Intersection of Technology, Risk Management, Operations and Governance session will be held on day one at Governance Institute’s National Conference and is sponsored by LexisNexis.