Identity as a Core

Identity as a Core

Our IT Executive Roundtables are invite-only events hosted by peers for peers that bring together a select group of senior IT leaders from across industries for topic-driven, intimate dialog on current trends and topics. The group met remotely to discuss identity as a core led by the VP of Information Technology of a leading financial planning company. This Session was sponsored by Okta

May 4, 2023

Managing identity is essential for businesses to succeed in today's digital world. Experts gathered at a recent IT executive roundtable to discuss the many aspects of identity management, including its role in security and business enablement, the challenges of implementing effective Identity and Access Management Programs, and the importance of managing identity in diverse and complex organizational environments. The conversation emphasized the need to balance security and usability, as identity is the connective tissue in a business ecosystem. This discussion highlighted the significance of effective identity management for fostering collaboration, driving innovation, and ensuring business success in an interconnected digital world.  

Identity: The Cornerstone of Modern Security and Business Enablement

The roundtable participants engaged in an insightful dialogue about the pivotal role of identity in contemporary security and business enablement. They acknowledged that identity management transcends mere security concerns and extends to crafting a seamless user experience that empowers employees to be both productive and efficient.

A key point of discussion was the necessity for identity solutions that strike a delicate balance between security and usability. Companies can achieve this equilibrium by allowing employees to access required resources without jeopardizing sensitive data. Participants also explored the potential of leveraging identity to unlock new business models and revenue streams. This includes providing secure access to third-party partners and facilitating personalized customer experiences.

The conversation underscored that identity has evolved beyond a mere IT issue to become indispensable to a company's overall business strategy. This shift necessitates cross-functional collaboration and senior leadership endorsement to ensure a successful implementation.

Embracing Identity for Secure, Flexible, and Mobile Work Environments

During the roundtable discussion, the participants emphasized the importance of identity in ensuring safe and flexible technology usage, especially in different locations and on various devices. They recognized the increasing popularity of remote and mobile work arrangements, which require identity solutions that can adjust to changing work conditions without compromising security.

A vital aspect of the conversation centered on the requirement for identity solutions that ensure secure access to resources, regardless of device or location, without compromising sensitive data. Participants also highlighted the significance of multi-factor authentication and other security measures to guarantee that only authorized users can access confidential information.

infographic showcasing executive opinions on what is the most important aspect of identity as a core

Navigating Challenges in Implementing Identity and Access Management Programs

The roundtable participants addressed the obstacles companies encounter when executing effective Identity and Access Management Programs. They acknowledged that securing internal buy-in can be particularly challenging, given the substantial investment in time and resources that identity management initiatives often demand. Moreover, complexities in integrating existing systems and compliance requirements can further complicate the implementation of efficient identity solutions.

IT leaders were urged to effectively communicate the value of identity management programs to senior leadership to obtain necessary resources and backing. The conversation also emphasized the importance of including stakeholders from various departments in the planning and implementation processes, such as HR, legal, and compliance teams.

Participants also recognized the significance of continuously maintaining and monitoring identity solutions to ensure their effectiveness over time. In conclusion, the discussion stressed that successful Identity and Access Management Programs call for cross-functional collaboration, ongoing investment, and a commitment to continuous improvement.

Mastering Identity Management in Diverse and Complex Organizational Environments

The participants acknowledged the challenges of managing identity in complex and diverse organizational environments. They identified that organizations are composed of individuals, each with unique requirements and needs for resource accessibility, including remote workers, field employees, external collaborators, affiliates, and grantees.

The conversation underscored the need for identity solutions that accommodate these diverse personas without sacrificing robust security protocols. Participants also emphasized the importance of balancing security and usability, noting that overly restrictive identity policies can obstruct productivity and collaboration.

IT leaders were urged to collaborate closely with stakeholders from various departments to comprehend their distinct needs and requirements for accessing resources. And participants agreed that continuous monitoring and maintenance of identity solutions are crucial for ensuring their effectiveness over time.

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