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Is Your Organisation Making False Assumptions About Crisis Decision-Making?
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Finance Community Interviews

Is Your Organisation Making False Assumptions About Crisis Decision-Making?

May 26, 2023 | 3 mins

Many organisations have not planned how to make effective decisions in a crisis, and many of the assumptions made by executives are false. For better strategy and execution, it is important to understand the risk profile of organisations. Data technology can be improved as a result. 

Organisations need to simplify due to the complexity of technology systems, duplication of capability, and thousands of suppliers. In many organisations, these details illustrate a lack of decision-making. Either they accept the risk, or they allocate money to address it. 

In this interview, David Owen – Partner – Cyber Risk Advisory at Deloitte Australia, discusses how the CISO role needs to be able to communicate effectively and talk to both the legacy of a business and the aspiration or plan to do new things, typically in a digital space. Because the budget is fixed, the…

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