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Investor Presentaiton

Governance Models: Decentralized, Federated, Centralized Decentralized Model Federated Model Centralized Model 7 • • • Agencies operate with full autonomy while attempting to maintain global standards in order to meet specific (but limited) enterprise requirements. Benefits The enterprise sets strategy, develops frameworks and policies, facilitates communication and provides subject matter experience while agencies remain responsible for the implementation. Control • Flexibility for agencies to run their operations. • • Ability to respond efficiently to specific requirements. Challenges Lack of common roles, responsibilities and information across the enterprise. Inconsistent definition and application of processes, standards and policies. Higher expenses due to redundancy of software, hardware and information. Highest risk due to many additional exposure points. • • . Benefits Enterprise sets strategy, policy and framework to reduce risk, support collaboration and develop centers of excellence. Representation from the agencies improves decision making. Lower incremental costs due to combination of existing and new resources. • Agencies are responsible for their security, keeping control close to the source. Challenges • Slower decision making as ownership is distributed throughout the enterprise. • Agencies may not prioritize security or may not be able to find people with the required skill sets. The enterprise provides a single point of control for decision making with agencies reporting directly to the central entity. Benefits Enterprise establishes, controls, and enforces policies and standards. • Improved oversight of Information Security within the organization. • • • • Increased speed of decision making due to single point of control and accountability. Greater degree of control over the creation and distribution of information. Challenges Difficult to implement effectively in a highly decentralized organization. Risk of poor decision making due to lack of agency representation. Decision making Proposed model This presentation is intended solely for the information and internal use of the State of South Carolina, and is not intended to be and should not be used by any other person or entity. No other person or entity is entitled to rely, in any manner, or for any purpose, on this draft presentation.
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