In order to foster innovation at your organization, you need to build on a sound foundation. But what makes a good foundation for innovation? It could be fostering community, a “fail fast” attitude, or a way to crowd-source ideas from a large group.
Here at Innovation Networks, we believe the foundation for innovation is security. Organizations that fail to innovate fall behind their competitors and the market. But, organizations that innovate without security at the heart will not just fall behind – they risk erosion of critical functions, including customer, business partner and supplier relationships; operations; and brand reputation.
Cyber risk is one of the top ten global business risks. According to the Cisco 2017 Annual Cybersecurity Report, 49% of security professionals surveyed said their organization has had to manage public scrutiny of a security breach. No organization that plans to grow, innovate and achieve success wants to be in a position of having critical departments affected by security breaches.
How do you foster innovation in this environment? Security is no longer optional, it is a cost of doing business in today’s digital marketplace. So, do you have to choose – security or innovation? Reach out to us and we can help you come to a critical business decision.