Every enterprise is confronted by various types of risks from time to time. Some of these risks are anticipated way in advance, while some of them are unforeseen as they crop up with the dynamics of various IT assets and devices. It is therefore imperative that institutions conduct a form of disaster awareness and preparedness, to avoid most or all possible risks and the consequences thereof. Whenever a crisis is averted, it brings untold joy and satisfaction to those concerned, and this should be the deliberate focus from the very beginning. Moving from risk management to risk avoidance is a concept that draws its wisdom from the old adage of prevention is better than cure.

To realize this, the management of IT assets calls for improved end-to-end processes, an ability that brings actual value to Enterprise Asset Management Solution. Whenever solutions like EAM (Enterprise Asset Management) are deployed, the focus and ability must never be limited to the assessment and management of the atmosphere of Information Technology for the customer(s), but rather be transformational to the extent that risks are indeed eliminated.

It would be important to observe that IT assets undergo a lifecycle process. The management of this lifecycle includes Planning and Procurement, Staging and Deployment, Network Operations, Lab Production, Change in Management, and Decommission and Disposal. With this in mind, the concept of ‘risk avoidance’ calls for an Enterprise Asset Management Solution with the ability to perfectly incorporate the network collection information in to the fabric of the Information Technology Asset lifecycle process, in order to adequately deal with the conditions that solely or collectively lead to the risks in question. The idea behind this integration is to ensure that network collections are not left on their own in the fight against the various operational risks.

An illustration of this would be the case scenario in which a given Enterprise Asset Management Solution is integrated into a control system with indicative lights for various kinds of risks. As soon as these risks pop out, careful observation and validation should be carried out before the same are passed on to the relevant department(s) for appropriate actions. The integration of these solutions to various control systems should resonate to the needs and size of every Enterprise Business, and adjustments be factored in accordingly. Should an enterprise find itself with the need to manage any risks, this should only be after all measures of risk avoidance have been put in place and meaningfully exhausted.

While the initial costs of integrations may be deemed costly in whichever sense (time, money, and so on), it is the ultimate terrible risks we seek to avoid and the consequences thereof. Again, remember prevention is better than cure. In any case, all forms of risk are always better off avoided than managed.