Digital Value Management – The Cornerstone of Today’s Digital Enterprise
Rick Lemieux – Co-Founder and Chief Product Officer of the DVMS Institute
A Digital Value Management System (DVMS) is a comprehensive overlay system designed to optimize the creation, protection, and delivery of digital business value. By connecting digital system outcomes to culture, DVMS empowers organizations to safely harness the full potential of their digital ecosystem.
At its core, a DVMS prioritizes the Creation of digital value. This involves identifying and capitalizing on opportunities to leverage technology to drive innovation, improve efficiency, and enhance customer experiences. By fostering a culture of innovation and empowering employees to experiment with new technologies, organizations can unlock new sources of value.
Protecting digital value is a critical component of a DVMS. This entails implementing robust cybersecurity risk and resiliency measures to protect sensitive data, organizational resiliency and client trust. A strong protection posture includes a layered defense strategy, regular security assessments, employee training, and incident response plans. By prioritizing protection, organizations can protect their reputation, maintain customer trust and be in alignment with industry regulations.
Delivering digital value involves effectively deploying and managing digital solutions to achieve desired business outcomes. This requires a clear understanding of business needs, a well-defined implementation strategy, and ongoing monitoring and optimization. By aligning technology investments with strategic goals, organizations can maximize the return on their digital initiatives.
A DVMS fosters Collaboration between IT, security, and business teams to ensure alignment and shared accountability. By breaking down silos and promoting cross-functional teamwork, organizations can accelerate digital transformation and achieve better results.
Furthermore, DVMS promotes a Data-Driven Approach to Decision-Making. By leveraging analytics and insights derived from data, organizations can identify trends, optimize processes, and make informed decisions. A data-driven culture empowers organizations to respond to changing market conditions and customer needs with agility.
Ultimately, a DVMS is a strategic tool that enables organizations to thrive in the digital age. By focusing on the creation, protection, and delivery of digital value, organizations can drive growth, improve efficiency, and enhance customer satisfaction. As the digital landscape continues to evolve, DVMS is essential for organizations seeking to stay competitive and achieve long-term success.
About the Author
Rick Lemieux
Co-Founder and Chief Product Officer of the DVMS Institute
DVMS Institute is a renowned provider of accredited (APMG International), Assured (NCSC-GCHQ-UK), and Recognized (DHS-CISA-NICCS) NIST Cybersecurity Framework, certification training programs designed to teach organizations of any size, scale, or complexity how to manage their organizational cyber risk and resiliency.
For cyber risk management, the DVMS FastTrack model provides a phased approach to adapting the NIST Cybersecurity Framework functions and its controls across an enterprise and its supply chain to identify and mitigate organizational cyber risks.
For cyber resilience management, the DVMS CPD overlay model provides a holistic approach to connecting digital ecosystem outcomes to organizational culture. This unique approach puts leadership and culture at the center of delivering continuous digital business quality, reliability, and trust.
Rick has 40+ years of passion and experience creating solutions to give organizations a competitive edge in their service markets. In 2015, Rick was identified as one of the top five IT Entrepreneurs in the State of Rhode Island by the TECH 10 awards for developing innovative training and mentoring solutions for boards, senior executives, and operational stakeholders.
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