technology risk management simulation - mahesh

34
Transforming the Way We Learn . Mahesh

Upload: knowledge-group

Post on 18-Jul-2015

65 views

Category:

Documents


0 download

TRANSCRIPT

Page 1: Technology Risk Management Simulation - Mahesh

Transforming theWay We Learn.

Mahesh

Page 2: Technology Risk Management Simulation - Mahesh

1

2 Agenda

Trends in Learning

3

IT Risk Pro Game

2

Welcome to the latest pedagogy!

Page 3: Technology Risk Management Simulation - Mahesh

1

3 Emerging Trends in Learning

MOOCs

3

Personalized Learning

2

Flipped Classrooms

Page 4: Technology Risk Management Simulation - Mahesh

4 MOOCs - Challenges<5% completion rate on average!

Content Access

Experience??Coursera Completion Rate

Page 5: Technology Risk Management Simulation - Mahesh

5 In Summary…KNOWLEDGE SKILL

ACTION ??

Page 6: Technology Risk Management Simulation - Mahesh

6 Before Flying…

Page 7: Technology Risk Management Simulation - Mahesh

Diminishing Attention Spans…7

Page 8: Technology Risk Management Simulation - Mahesh

8 Maslow’s HierarchyTRADITIONAL

Page 9: Technology Risk Management Simulation - Mahesh

Maslow’s HierarchyTHE CURRENT MODEL…

9

Page 10: Technology Risk Management Simulation - Mahesh

So, what’s the solution…?

Page 11: Technology Risk Management Simulation - Mahesh

Gamifying learning?11

Page 12: Technology Risk Management Simulation - Mahesh

Gamifying learning?12

Page 13: Technology Risk Management Simulation - Mahesh

…No, Context is crucial!13

Page 14: Technology Risk Management Simulation - Mahesh

What we came up with…

Page 15: Technology Risk Management Simulation - Mahesh

IT Risk Pro Simulation15

Page 16: Technology Risk Management Simulation - Mahesh

Organizational ‘Thinking’16

Page 17: Technology Risk Management Simulation - Mahesh

IT Risk Pro Simulation17

Page 18: Technology Risk Management Simulation - Mahesh

Ready to Manage Risks of a Company?

18

Page 19: Technology Risk Management Simulation - Mahesh

19

Feels Familiar?19

Page 20: Technology Risk Management Simulation - Mahesh

Risk / Reward Ratios

20

PROCESS IMPROVEMENT EXPERIMENTS

RENEWAL TRANSFORMATION

Short-term profitability Long term growth

Shared Infrastructure

Business Solutions

20

Page 21: Technology Risk Management Simulation - Mahesh

Characterizing IT investments

21

Investment Type Drivers Sample initiatives

Transformation A core infrastructure that is inadequate for desired business model

- ERP implementation- Building data warehouses- Implementing middleware layer

Renewal Opportunity to reduce cost or raise quality of IT service

Upgrading technology standardsRetiring outdated systems and technologies

Process improvement Opportunity to improve operational performance

Employee self serveStreamlining IT processes

Experiments New technologies, new ideas, new processes, new business models

Testing demand for new productsTesting pricing strategy

21

Page 22: Technology Risk Management Simulation - Mahesh

22

Risks in an IT environment22

Page 23: Technology Risk Management Simulation - Mahesh

Value of Information

23

The value of information comes from the characteristics it possesses:

• Availability

• Accuracy

• Authenticity

• Confidentiality

• Integrity

• Utility

• Possession

23

Page 24: Technology Risk Management Simulation - Mahesh

Valuing Information

24

• Information value grows with use

• Information value is not stable•

Information value grows with accuracy•

Information increases in value when combined with other information

•Information value does not drop with use

24

Page 25: Technology Risk Management Simulation - Mahesh

25

Risk AssessmentQualitative Risk Assessment

Risk is defined in subjective, qualitative terms due to the uncertainty in likelihood and impact values.

Difficulties

1.Evaluating likelihood and impact of risks qualitatively, without bias.2.Same scales to be used in the assessment of multiple risks

25

Page 26: Technology Risk Management Simulation - Mahesh

Risk Management Strategies

26

MitigationFix the flaw or provide compensatory control to reduce the likelihood or impact associated with the flaw.

TransferenceTransference is the process of allowing another party to accept the risk on your behalf. This does not decrease the likelihood or fix any flaws, but it does reduce the overall impact on the organization.

AcceptanceAcceptance is the practice of simply allowing the system to operate with known risks.

AvoidanceAvoidance is the practice of removing the vulnerability of the system or remove the system itself.

26

Page 27: Technology Risk Management Simulation - Mahesh

Summary• Risk / Reward Ratio

• Create a portfolio of risks

• Develop a risk management plan

27

Page 28: Technology Risk Management Simulation - Mahesh

• MOOCs and e-learning good for democratizing content but lack experience

• Use Experience to motivate• Immersive gamification to engage with audience better• Provides a safe learning environment for managers• Converting a 2x2 matrix into an immersive game that

managers can play and learn at the same time

Key Takeaways28

Page 29: Technology Risk Management Simulation - Mahesh

Thank You

“To Experience is to Learn. Everything else is just information.”

Our Philosophy

29

Page 30: Technology Risk Management Simulation - Mahesh

Appendix

30

Page 31: Technology Risk Management Simulation - Mahesh

Co{de}tective!31

Page 32: Technology Risk Management Simulation - Mahesh

Our Offerings

32

We have three core experiential learning offerings -

1 2 3

Products Programs Pillars

32

Page 33: Technology Risk Management Simulation - Mahesh

Our Products

33

We enable continuous learning through a portfolio of experiential learning products

1

3

2

4

Business Simulation Animated Video Based Learning

Casestudy Platforms Gamified e-Learning Capsules

33

Page 34: Technology Risk Management Simulation - Mahesh

Our Programs

34

We offer 20+ off the shelf experiential learning training programs

Some of our simulation based training programs run by us under the four major themes -

• Leading Successful Change• The Adaptive Leadership Program• Leading Without Authority• Influencing Skills• Big Picture Thinking• Achieving Excellence in Strategy Execution

Leadership and Strategy

• Managing Projects for High Impact• Technology Risk Management• Managing Technology Transformation• Governing IT for Value Maximization

Technology Management

• Financial Acumen for Non-finance Managers

Finance and Accounting • Leading successful Sales Teams• Consultative Selling• Advance B2B Marketing

Sales and Marketing

34