Explore New Perspectives
Artificial Intelligence (AI) Oversight & The Board
Omega316 is a values-driven consulting company
We’re committed to meaningful value creation at the intersection of technology strategy, cyber risk, and leadership advisory. We serve organizations, and their boards of directors.
Insights & Client Stories
Board Leadership
Insight: The board leadership challenge - “Walking a tight rope, blind folded.” What board leaders can do to navigate board challenges and boost effectiveness
IT Modernization
Client Story: Empowering health services organization with modern Information technology and cyber capabilities
Board Training
Client Story: Enhancing the effectiveness of the board’s cyber oversight and governance practices
Cyber Risk Strategy
Client Story: Global educational institution redesigns cyber risk strategy as it expands its learning experience to students around the world
Meaningful Value
Value And Meaningful Value.
There’s value in helping our client organizations overcome their technology and cyber challenges. There’s value in helping them answer and simplify some complex questions; what technology capabilities do we need? What risks should we be aware of and how do we mitigate them? What will it actually take to get the technology capabilities functioning and operating well given where we are? We believe value becomes more meaningful when it creates a tangible and positive impact on the business strategy and creates benefits in the lives of our clients’ stakeholders. Meaningful value aligns the what and how with why it matters and what value matters most
Artificial Intelligence (AI) Business Integration Strategy
Most, if not all, of an organization’s business activities can benefit from a thoughtful integration of AI capabilities. Understanding which business activities and what AI capabilities will generate the most value with the minimum risks can be challenging. The AI advisory guide below outlines where to start and key strategy considerations to be successful.
Our clients, both senior executives and boards, engage us to help with seemingly simple and sometimes complex technology challenges. Some of these challenges derive from the impact of technology across four critical elements of organizational performance. We believe that maintaining a proactive perspective on these elements can increase the chances for enduring success of technology strategies.
A Proactive Perspective On Technology Strategy: 4 Critical Dimensions
1. Strategy
Does the business strategy align with the technology trends driving changes in customer behavior and other macro trends?
Does the organization’s current technology and cyber strategy align with the business strategy?
These are the two defining questions of strategic significance in the context of cyber and technology. The second question is often overlooked in favor of the first one but both are crucial questions to consider for any CEO
2. Risk
How resilient is the business/organization to cyber risks and technology failures?
What business risks should we be taking but are not, because of the fear of cyber?
Our clients often tell us “we don’t know what we don’t know. So, how should we approach this complex challenge?” The questions above will prove very helpful for business leaders that take the time to address them.
3. Talent
How will different roles evolve and change in the next 2-3yrs and what investments are required now in existing talent?
Who are the next generation of leaders in this domain? What type of leadership competencies and skills will be required?
Extending the above questions to critical service providers is also beneficial. Talent changes of your different service providers (especially MSPs) can have an impact on your organization’s talent strategy
4. Culture
What actions should be considered to reduce the resistance to technology changes?
How can key stakeholders be galvanized to speak up about latent or emerging problems?
Culture is one of those unseen forces that can make or break a technology strategy. We have experienced multiple situations where the culture of the organization works against the very objectives that leaders are trying to achieve. Trust us, take the time to understand this vital piece.
Cyber Risk Oversight & Governance Guidance For Board Directors
Often times, it’s difficult for board directors to figure out what cyber oversight elements matter most amid the growing complexity of issues they have to deal with. The increasing demands on their time adds to the prioritization challenge. Knowing the right questions to ask can make a big difference for board directors when it comes to cyber risk oversight. And just as important is knowing what a good or bad response looks like. We offer some guidance for board directors in the guide below
As a CEO, how important is technology to the future of your organization? Should you be taking a more active role when it comes to technology strategy? Some of the challenges our clients run into can be overcome by proactive engagement by the CEO. These challenges include repeated IT project delays, technical debt, project prioritization, budget overruns, cultural resistance to change and speed to value. The question every CEO should be asking is not just what is technology going to do for the organization but more importantly, what will it help the organization become in the future. It’s not just what value are we getting from technology but who and what are we becoming.
The Chief Executive’s Role In Technology & Cyber Strategy: Guiding Principles
Be Transformed by the renewing of your mind
Adopt A Mindset Shift
The shift in mindset, from seeing IT as a cost center to seeing IT as a strategic asset, is required for CEOs that want to unlock the value of technology for their organizations
This is a very difficult shift to make and many CEOs struggle with it. However, those that make the shift, position their organizations for future and strategic growth opportunities. This mindset shift helps overcome the challenges of technical debt, cultural resistance to technology changes and speed to value
Set & Align Expectations
Resistance is designed to help you transform. Change your relationship with resistance and obstacles. Practice reframing resistance (i.e. transformation obstacles) as learning opportunities. Think this happened, not to me but for me; for my benefit.
Definitely difficult to do but essential for lasting transformation for leaders
Get The “Right” People
Commit to consistent strategic changes that compound over time to produce the desired transformation, as opposed to big intense transformation efforts that can introduce transformation fatigue.
Prioritize consistency over intensity. Some random changes may yield temporary results but they won’t fundamentally change who and what you are becoming
A growth mindset changes what you do; a transformation mindset changes who and what you are becoming
Transformation Mindset : Foundational Guiding Principles
Be Transformed by the renewing of your mind
Identity
Focus on transforming who and what you are becoming and not just on what you do. It’s a subtle but powerful shift when applied correctly.
A growth mindset changes what you do; a transformation mindset changes who and what you are becoming. Nourish both mindsets but recognize when to prioritize transformation over growth. You can become more than you are
Resistance
Resistance is designed to help you transform. Change your relationship with resistance and obstacles. Practice reframing resistance (i.e. transformation obstacles) as learning opportunities. Think this happened, not to me but for me; for my benefit.
Definitely difficult to do but essential for lasting transformation for leaders
Consistency
Commit to consistent strategic changes that compound over time to produce the desired transformation, as opposed to big intense transformation efforts that can introduce transformation fatigue.
Prioritize consistency over intensity. Some random changes may yield temporary results but they won’t fundamentally change who and what you are becoming
