Disruption: The Risks of Business Innovation

Change - Innovation - and Assumable Risk

Business must constantly evolve and change. This involves assumed risk. The trick is to minimize risks by making solid determination of outcomes through proper planning and project management - with delivery of true solutions in capturing new and evolving markets, in updating and introducing products, and in retooling through appropriate reinvestment - all while mounting best practice in capturing best returns on investment.

I like to pass along things that work, in hopes that good ideas make their way back to me. As CIO, I look for ways to help my business and IT teams further their education. Check your local library: A book that is required reading is "I.T. WARS: Managing the Business-Technology Weave in the New Millennium." It also helps outside agencies understand your values and practices.
The author, David Scott, has an interview that is a great exposure: http://businessforum.com/DScott_02.html -

The book came to us as a tip from an intern who attended a course at University of Wisconsin, where the book is an MBA text. The first four chapters address change, and it has deep treatments on Security, Content Management, Acceptable Use, and many other business-IT concerns.

In the realm of risk, unmanaged possibilities become probabilities – read the book BEFORE you suffer an unanticpated outcome.