What is dependency?
Dependency in a business context refers to a reliance on certain elements that are crucial for operations. This can be in the form of dependency on key suppliers, technologies, or even specific personnel. While some dependencies are necessary, over-reliance can pose a significant risk if those elements falter.
What does dependency look like in an enterprise?
In an enterprise, dependency may be seen as a heavy reliance on a single supplier for critical materials, the use of legacy systems that only a few employees know how to operate, or a particular market that drives the majority of sales. It's a precarious balance, much like rocks depending on each other to stay aloft.
Why is mitigating the dependency risk important?
Ensuring Business Continuity
Reducing dependencies secures the business against disruptions if a relied-upon element fails.
Flexibility and Adaptability
Lowering reliance on certain factors allows a business more freedom to adapt to changes and pivot when necessary.
Risk Distribution
Spreading out dependencies among various elements can mitigate the risk and impact of any single point of failure.
What Fractional Capacities Apply?
Integration Architect
Design and structure integrations across business domains, layers and interfaces.
Solutions Architect
Translate business needs into structured, scalable and integrated designs.
Strategic Advisor
Master complexity and find the signal in the noise with expert guidance and insight.
Systems Architect
Look at the whole to design structural systems that connect purpose and scale.
How Should We Engage?
What Are Other Business Risks To Consider?
Compliance Risk
Do outdated systems have the potential to push you out of regulatory bounds?
Dependency Risk
Are you too reliant on processes, platforms, or vendors outside of your control?
Dependency Risk
Distraction Risk
Is constant context-switching stealing focus from what actually matters?
Inconsistency Risk
How can you build trust in processes or systems that produce variable results?
Instability Risk
Are you certain you are building from a foundation that can adapt and scale?
Volatility Risk
Is unpredictable change making it harder to move with intent and discipline?
