It Governance Implementing Frameworks And Standards For The Corporate Governance Of It

This new book sets out for managers, executives and IT professionals the practical steps necessary to meet today's corporate and IT governance requirements. It provides practical guidance on how board executives and IT professionals can navigate, integrate and deploy to best corporate and commercial advantage the most widely used frameworks and standards.

The issues, opportunities and challenges of aligning information technology more closely with an organization and effectively governing an organization s Information Technology (IT) investments, resources, major initiatives and superior uninterrupted service is becoming a major concern of the Board and executive management in enterprises on a global basis. An integrated and comprehensive approach to the alignment, planning, execution and governance of IT and its resources has become critical to more effectively align, integrate, invest, measure, deploy, service and sustain the strategic and tactical direction and value proposition of IT in support of organizations.Much has been written and documented about the individual components of IT Governance such as strategic planning, demand (portfolio investment) management, program and project management, IT service management and delivery, strategic sourcing and outsourcing, performance management and metrics, like the balanced scorecard, compliance and others. Much less has been written about a comprehensive and integrated IT/Business Alignment, Planning, Execution and Governance approach. This new title fills that need in the marketplace and gives readers a structured and practical solutions using the best of the best principles available today. The book is divided into nine chapters, which cover the three critical pillars necessary to develop, execute and sustain a robust and effective IT governance environment - leadership and proactive people and change agents, flexible and scalable processes and enabling technology. Each of the chapters also covers one or more of the following action oriented topics: demand management and alignment (the why and what of IT strategic planning, portfolio investment management, decision authority, etc.); execution management (includes the how - Program/Project Management, IT Service Management with IT Infrastructure Library (ITIL) and Strategic Sourcing and outsourcing); performance, risk and contingency management (e.g. includes COBIT, the balanced scorecard and other metrics and controls); and leadership, teams and people skills.

Increasingly, information technology governance is being considered an integral part of corporate governance. There has been a rapid increase in awareness and adoption of IT governance as well as the desire to conform to national governance requirements to ensure that IT is aligned with the objectives of the organization. Information Technology Governance and Service Management: Frameworks and Adaptations provides an in-depth view into the critical contribution of IT service management to IT governance, and the strategic and tactical value provided by effective service management. A must-have resource for academics, students, and practitioners in fields affected by IT in organizations, this work gathers authoritative perspectives on the state of research on organizational challenges and benefits in current IT governance frameworks, adoption, and incorporation.

This important new book - 'IT Governance: Guidelines for Directors' provides directors, executives, managers and professional advisers with clear,pragmatic guidelines for ensuring that IT and the business work together for thesamestrategic objectives.

Diploma Thesis from the year 2008 in the subject Computer Science - Commercial Information Technology, grade: 1,0, TU Bergakademie Freiberg, language: English, abstract: Changing industry structures and altering rules of competition is why most companies today face a new challenge in creating a competitive advantage. The meaning of Information Technology (IT) has changed from just being available to accelerating and facilitating processes to an integral part of the company’s mission and strategy. IT governance is what defines the holistic perspective of how to deal with and use IT, especially in large companies. The objective is to create advantages by aligning IT and corporate strategy in order to create value while minimizing risk and monitoring the performance of IT. Many different frameworks and standards have emerged over the last years, providing processes and control objectives for keeping the company’s IT in a value-adding track. However, an important issue seems to be the huge availability of various frameworks. This mostly results in problems concerning the right decision on frameworks to be selected. Implementing efficient IT governance requires using only those processes that cover the individual IT-related issues and problems of a company best, while ignoring unnecessary ones. The use of frameworks is associated with costs and may quickly result in an inefficient use of IT governance. The present thesis addresses this challenge and shall help IT decision makers to decide on an efficient framework or set of frameworks. In order to do so, a model analyzes the fit between discovered IT-related problems and various existing publicly available frameworks. Different surveys and market analyses will be used for identifying possible IT-related problems. The creation of problem-clusters will help to determine the most efficient framework by measuring the coverage of processes by different frameworks. As a result, this thesis will provide an approach to avoid processes that may not be necessary while covering important ones for an efficient use of IT governance frameworks.

This book is a revised edition of the best selling title Implementing IT Governance (ISBN 978 90 8753 119 5).For trainers free additional material of this book is available. This can be found under the "Training Material" tab. Log in with your trainer account to access the material.In all enterprises around the world, the issues, opportunities and challenges of aligning IT more closely with the organization and effectively governing an organization s IT investments, resources, major initiatives and superior uninterrupted service is becoming a major concern of the Board and executive management. An integrated and comprehensive approach to the alignment, planning, execution and governance of IT and its resources has become critical to more effectively align, integrate, invest, measure, deploy, service and sustain the strategic and tactical direction and value proposition of IT in support of organizations.Much has been written and documented about the individual components of IT Governance such as strategic planning, demand management, program and project management, IT service management, strategic sourcing and outsourcing, performance management, metrics, compliance and others. Much less has been written about a comprehensive and integrated approach for IT/Business Alignment, Planning, Execution and Governance. This title fills that need in the marketplace and offers readers structured and practical solutions using the best of the best practices available today. The book is divided into two parts, which cover the three critical pillars necessary to develop, execute and sustain a robust and effective IT governance environment:- Leadership, people, organization and strategy,- IT governance, its major component processes and enabling technologies.Each of the chapters also covers one or more of the following action oriented topics: - the why and what of IT: strategic planning, portfolio investment management, decision authority, etc.; - the how of IT: Program/Project Management, IT Service Management (including ITIL); Strategic Sourcing and outsourcing; performance, risk and contingency management (including COBIT, the Balanced Scorecard etc.) and leadership, team management and professional competences.

This pocket guide provides an introduction on how to approach the complex subject of IT governance. It describes the drivers for IT governance: why it matters, and the relationships between IT governance, risk management, information risk, project governance and compliance risk.