Monday, November 1, 2021

informationtechnologygovernance

IT plays a pivotal role in leading an organization's digital transformation. IT Governance is like a steer, to ensure IT runs with the right speed smoothly.


The important characteristics of digitalization are over-complexity, uncertainty, and ambiguity. Hence, GRC (governance, risk management, and compliance) becomes more critical than ever.

Here's the context; how should GRC programs be approached? Should technology be a driver? Can you achieve any level of GRC without automation? Can you achieve any level of GRC without people? What is the real driver of GRC?





Information Technology Governance


IT Governance as a Vector of Quality
Governance has been one of those concepts that have received a lot of "lip service," the speed of business is accelerated, opportunities and risks coexist, governance needs to be a complementary part of strategic management. But how to get it right - to steer IT, not stifle IT innovation and agility?

 IT Governance  We live in an era, full of uncertainty, velocity, complexity, and ambiguity. The result is the higher risk of conflicts and inertia. Often a big risk is that the risk management system is detached from the real management of the business. Sound governance is part of eliminating risks and doing the right thing. However, governance has been one of those concepts that has received a lot of "lip service" and most businesses have depended on outside help to guide the minimum they need to do to get a "pass" mark. IT governance is an integral component of corporate governance, how to improve its effectiveness?

Unlockperformanceviaagilegovernance To run a high-performance business, the management and governance is an iterative business continuum to enhance business effectiveness. As the traditional management continues to rejuvenate itself to the changing new normal by establishing new principles and developing next practices; the governance discipline has also continually changed its shape and matured. There is no doubt it will continue to do so as the winds of change in the corporate world blow across the business eco-environment. There is no such a 'one style fits all' governance discipline. The business leaders and professionals should ask deep questions and ponder what are the possible governance methods, techniques, structures based on their circumstances, in order enhance governance practice to meet their needs and accelerate business performance with the premium speed.

Is IT Governance the most Neglected Aspect of Corporate Governance As the world moves into the digital era, businesses make the final step on a journey for IT transformation - from where IT is merely automated parts of the back office, to where IT is the business and nothing happens without the IT. It's now a non-negotiable situation - business leaders and Board directors must address IT as an integral part of business, and brainstorm upon how to enforce the weakest governance link –as some say, IT governance is the most neglected aspect of corporate governance.

IT Governance as a Fundamental Business Necessity: How to Get it Right? IT plays a pivotal role in leading an organization's digital transformation. IT Governance is like a steer, to ensure IT runs with the right speed smoothly. IT governance is no longer just a theoretical concept, it is a fundamental business necessity, and an iterative process which requires senior management commitment over the long term in order to see results. IT governance also shouldn't stifle innovation and performance, so how to get it right?

The “Future of CIO” Blog has reached 5 million page views with about 8300+ blog postings in 59+ different categories of leadership, management, strategy, digitalization, change/talent, etc. The content richness is not for its own sake, but to convey the vision and share the wisdom. Blogging is not about writing, but about thinking; it’s not just about WHAT to say, but about WHY to say, and HOW to say it. It reflects the color and shade of your thought patterns, and it indicates the peaks and curves of your thinking waves. Unlike pure entertainment, quality and professional content takes time for digesting, contemplation and engaging, and therefore, it takes time to attract the "hungry minds" and the "deep souls." It’s the journey to amplify your voice, deepen your digital footprints, and match your way for human progression.


0 comments:

Post a Comment