Introduction
Every business must control its risks and processes to guarantee successful operations and a profitable existence. The IT sphere also has this factor that substantially affects the company’s performance. However, to properly analyze the internal system, a template may be an essential element in structuring data and making conclusions. Therefore, both risks and processes have specific documentation that is used to observe and adjust the existing protocols.
Importance of Documenting IT Risks
Risk management requires control and prevention measures that negate the potential harm. The malware problem may lead to substantial damage and data leaks (Anderson et al., 2018). A safety protocol for downloading and installing new software may be implemented to address this issue. It will list all necessary steps to prevent the spread of malicious programs.
A similar approach may help in preventing the impact of phishing, another serious risk. This one may be addressed by a safety policy, which will forbid employers to open emails sent from outside the company’s system. Thus, protocols and policies are the most notable types of documentation for negating safety risks.
Importance of Documenting Product Processes
Business processes should be accurately structured and explained to be effective. A typical example of a business process is selling a product (Anderson et al., 2018). A procedure manual may be used during training to increase its profitability. This decision will introduce several options to succeed in a sale and make the worker produce more value than without it.
Another business process that must be outlined and documented is creating a product. A process map or a flowchart is a necessary element for this task as it illustrates the algorithm and its progress. It will guarantee better communication and individual understanding of work responsibilities. Thus, documenting business processes is crucial in maintaining productivity and increasing income.
Conclusion
In conclusion, documentation is an essential part of any establishment that has a goal of making a profit. Safety protocols and policies are crucial in building a security system, while manuals and flowcharts may help control production. Each type of documentation has its goal and must be applied accordingly. Thus, with a well-designed strategy, a company may improve its profitability while decreasing risk-associated liabilities by preventing the problems before they happen.
Reference
Anderson, U., Head, M. J., Ramamoorti, S., Riddle, C., Salamasick, M., & Sobel, P. (2018). Internal Auditing: Assurance & Advisory Services (4th ed.). Internal Audit Foundation.
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