ORE: A Framework to Measure Organizational Risk During Information Systems Evolution

Abstract

Information systems (IS) change initiatives often represent the single largest investment (and therefore risk) for large corporations, yet there exist few management frameworks in the literature to help decision makers measure organizational risk in a balanced manner during this organization-wide change process. The ORE framework has been developed as a design science artifact based on the Leavitt diamond paradigm as a multi-criteria, relative risk, condition consequence, management decision framework enabling decision makers to calculate and compare risk evolution at fixed points of the change cycle and make structured and balanced risk mitigation decisions. In this chapter the principles, architecture and elements of ORE are described.