Alyned Thinking

Das Gesetz zur Verbesserung der Sicherheit informationstechnischer Systeme ist kein fur sich alleinstehendes Gesetz wie das Bundesdatenschutzgesetz (BDSG) oder das Telemediengesetz (TMG).

It’s been about 2 months of working full time on Alyne for Stefan and myself, with Manuel and Matthias joining full time in July and I think it’s time to make some initial observations about starting a tech business in Munich.

Today I would like to kick-off on a slightly scholarly note by introducing the concept of transaction costs. The theory was first developed by R.H. Coase in his 1937 paper The Nature of the Firm and further elaborated by O.E. Williamson in The Economics of Organization: The Transaction Cost Approach.

In our lives before Alyne, we spent our days designing, implementing and reviewing security, governance and risk management solutions or companies of many sizes and industries across many different countries.

In some form or other, organisations of all shapes and sizes are already engaged in GRC activities. However, depending on their industry and overall size, they might have different stages of advancement.