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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 Presentation

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TOP TECHNOLOGY TRENDSIT GovernanceWhat 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 organizations IT sustains and extends the organizations strategy and objectives

Source: ISACA COBIT 5 2012-Robert G ParkerMay 24, 2012 Page: # 2012-Robert G ParkerMay 24, 2012 Page: # 2012-Robert G ParkerMay 24, 2012 Page: # 2012-Robert G ParkerMay 24, 2012 Page: #TOP TECHNOLOGY TRENDSIT GovernanceWhy 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: # 2012-Robert G ParkerMay 24, 2012 Page: # 2012-Robert G ParkerMay 24, 2012 Page: # 2012-Robert G ParkerMay 24, 2012 Page: #TOP TECHNOLOGY TRENDSIT GovernanceIssues and RisksLack of a comprehensive IT Governance strategy Lack of supporting IT Governance plansThe vision of IT and its contribution and value to the entity are not well understoodIT Governance does not have the appropriate scope or penetration throughout the organizationLack of alignment of IT initiatives with enterprise goals and objectives.Monitoring practices have not been implemented 2012-Robert G ParkerMay 24, 2012 Page: # 2012-Robert G ParkerMay 24, 2012 Page: # 2012-Robert G ParkerMay 24, 2012 Page: # 2012-Robert G ParkerMay 24, 2012 Page: #TOP TECHNOLOGY TRENDSIT GovernanceIssues and RisksMonitoring activities are not recorded and subsequently reportedIT has not adopted a portfolio approach to managing IT resources and projectsIT 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: # 2012-Robert G ParkerMay 24, 2012 Page: # 2012-Robert G ParkerMay 24, 2012 Page: # 2012-Robert G ParkerMay 24, 2012 Page: #TOP TECHNOLOGY TRENDSIT Governance

Source: ISACA COBIT 5 2012-Robert G ParkerMay 24, 2012 Page: # 2012-Robert G ParkerMay 24, 2012 Page: # 2012-Robert G ParkerMay 24, 2012 Page: # 2012-Robert G ParkerMay 24, 2012 Page: #

COBIT 5 2012-Robert G ParkerMay 24, 2012 Page: # 2012-Robert G ParkerMay 24, 2012 Page: # 2012-Robert G ParkerMay 24, 2012 Page: # 2012-Robert G ParkerMay 24, 2012 Page: #TOP TECHNOLOGY TRENDSIT GovernanceIssues and Risks 2012-Robert G ParkerMay 24, 2012 Page: # 2012-Robert G ParkerMay 24, 2012 Page: # 2012-Robert G ParkerMay 24, 2012 Page: # 2012-Robert G ParkerMay 24, 2012 Page: #