A typical finite game mindset is harmful in the long run to both, sustainable ROI and shareholder satisfaction, and a robust and secure cyber-space. IIM-Calcutta proposes managerial action items for cyber-security to become an integral part of the business and competition
How C-suites in modern businesses handle cyber-risk management will reveal that most of them (90 percent of whom represent SMBs) ‘play’ the game of increasing ROI against their peer competitors and focus mostly on product/application QoS to woo consumers.
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Most enterprise leaders around the globe have converged upon the importance of IoT and CPS technologies (complemented with Cloud and AI) to improve business productivity and consequent ROI. It has become a common strategy across most businesses to compete (akin to a strategic game) with similar peers on popularly established business KPIs via the integration of IoT/CPS technology on the multiple critical business dimensions that include:
[This article has been published with permission from IIM Calcutta. www.iimcal.ac.in Views expressed are personal.]