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TOP TECHNOLOGY TRENDS. IT Governance. What is it?. IT Governance is the responsibility of the board of directors and executive management and forms an integral part of enterprise governance. - PowerPoint PPT PresentationTRANSCRIPT
© 2012-Robert G ParkerMay 24, 2012 Page: 1
TOP TECHNOLOGY TRENDS
IT Governance
What is it?
IT Governance is the responsibility of the board of directors and executive management and forms an integral part of enterprise governance. IT governance consists of the leadership and organizational structures and processes that ensure that the organization’s IT sustains and extends the organization’s strategy and objectives
Source: ISACA COBIT 5
© 2012-Robert G ParkerMay 24, 2012 Page: 2
TOP TECHNOLOGY TRENDS
IT Governance
Why is it Important?
Businesses are responsible for setting the tone by which organizations are directed and managed. It establishes goals, objectives and the culture and values of the organization.
Many businesses struggle with understanding and governing IT and IT processes and activities.
IT Governance creates an environment in which the enterprise can effectively exploit the benefits in IT to effectively support the organization in meeting their strategic goals.
IT Governance Creates Value
© 2012-Robert G ParkerMay 24, 2012 Page: 3
TOP TECHNOLOGY TRENDS
IT Governance
Issues and Risks
Lack of a comprehensive IT Governance strategy
Lack of supporting IT Governance plans
The vision of IT and its contribution and value to the entity are not well understood
IT Governance does not have the appropriate scope or penetration throughout the organization
Lack of alignment of IT initiatives with enterprise goals and objectives.
Monitoring practices have not been implemented
© 2012-Robert G ParkerMay 24, 2012 Page: 4
TOP TECHNOLOGY TRENDS
IT Governance
Issues and Risks
Monitoring activities are not recorded and subsequently reported
IT has not adopted a portfolio approach to managing IT resources and projects
IT does not have the opportunity or does not take advantage of opportunities to present and interact with the Board of Directors.
The IT plans do not include value and risk management
© 2012-Robert G ParkerMay 24, 2012 Page: 5
TOP TECHNOLOGY TRENDSIT Governance
Source: ISACA COBIT 5
© 2012-Robert G ParkerMay 24, 2012 Page: 6
COBIT 5
© 2012-Robert G ParkerMay 24, 2012 Page: 7
TOP TECHNOLOGY TRENDS
IT Governance
Issues and Risks