Sans Mgt514 Exam Study Guide

Strategic planning (1:8) - Answer- deep analysis and understanding of the state of business and the threats faced by the organization Value to the organization (1:8) - Answer- develop your objectives based on the organization's vision and mission, stake holder risk appetite and opportunities Driving engagement (1:8) - Answer- execute on the plan by navigating the internal values and culture, developing a business case to get support and funding, and promoting your activities Organizational Transformation (1:8) - Answer- as a leader you must strive to lead, motivate, and inspire your team members and colleagues to accomplish their goals of the overall strategic planning process Security planning - Need (1:11) - Answer- requires an understanding of not only security threats and capabilities but also a deep understanding of the business environment & organizational goals. Verizon Data Breach Investigations Report (1:14) - Answer- Shows the percentages of breaches per threat action, i.e. Hacking, malware, social engineering Understanding the business (1:29) - Answer- 1. Understand where you've been 2.Understand business Strategy 3.Understand macro factors that affect business stand and develop relationships with key stakeholders Business Model (1:41) - Answer- 1. describes how you operate 2. generate revenue and make profit 3. deliver value at a reasonable cost Vertical Business Model (1:45) - Answer- combines multiple steps in a value chain into one organization e.g. development - distro Horizontal Business model (1:45) - Answer- focus on one area of the value chain e.g. Product development PFF -Porter's Five Forces (1:47) - Answer- Developed by Micheal E Porter in 1979 who was an authority on competitive strategy and economic development. Method used to develop business strategy by understanding where power lies in a business situation PFF - Power of Customers (1:47) - Answer- Impact Customers have on your business. Force Driven by the # of customers you have, their importance to your business, and cost of switching them from you to another company