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IT Governance (Managing Information Technology for Business)
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ISBN
:
9788130910420
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Publisher
:
Thorodood Limited
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Subject
:
Business & Management
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Binding
:
Paperback
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Pages
:
88
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Year
:
2009
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795.0
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Description
IT Governance is that part of corporate governance in general which ensures that automated systems contribute effectively to the business goals of an organization; that IT-related risk is adequately identified and managed (mitigated, transferred or accepted); and that automated information systems (including financial reporting and audit systems) provide a ‘true picture’ of the operation of the business.Management issues in IT governance• Providing an organizational structure that allows board-level management to set strategic goals and cascade these through the organization down to the IT technicians implementing automated systems.• Aligning IT strategy with business strategy.• Providing an effective communications infrastructure that enables two-way communication (feedback) between all the stakeholders in the governance process, both internal and external.• Providing effective low-level enforcement of business-focused government policies in the IT sphere.• Enabling the effective identification of IT-related risk in the context of business service provision, and the translation of IT risk mitigation measures into a business terminology.• Providing metrics for effectiveness of IT governance.• Identifying a return on the investment in IT Governance in terms of ‘better, faster, cheaper’ business systems.About Author: David Norfolk, BSc, CEng, MBCS, CITP, CNE has been professionally involved with computers for over 25 years, first in Database Administration (with the Australian Dept of Health and Bank of America) and then in Development Methods and Standards (with Bank of America and Swiss Bank Corporation). He has also been employed in Operations Research, Internal Control and Network Management. For the last 10 years, he has been an Independent Analyst and Journalist.
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