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Lecture 10: Governance of Enterprise IT (GEIT) (Goals of BoD (Provide…
Lecture 10: Governance of Enterprise IT (GEIT)
Corporate Governance:
how
company is
managed
in terms of implemented system to ensure
accountability
and sound
ethics
Corporate gov = set of responsibilities and prac exercised by board and exec mgmt
Goals of BoD
Provide enterprise-wide
strategic
direction
Ensuring
obj
achieved
Assuring that
risks
addr appropriately
Verifying that
ent resources
used responsibly
See lect typical board structure
Governance of Enterprise IT
GEIT and Ent gov compliments each other
Why GEIT?
IT supports biz obj
IT investment
aligned
to biz strategy
IT proj
successful
Satisfactory
return on IT investment
Drivers:
Good corporate gov (GCG)
Stakeholder's expectations
Increased regulation req and risk
Increased competition
Implement GEIT using CoBIT 5
7 Phases of implementation life cycle
Phase 1: What are the drivers?
Desire translates to concrete need to act and implement needed changes
Use biz case to express desire to change
Inner ring: Recognise need to act
Middle ring: Establish desire to change
Outer ring: Initiate program
Identify
change drivers
and est
desire to change
Phase 2: Where are we now?
Implementation team
formed here
Inner ring: Assess Current state
Middle ring: Form implementation team
Outer ring: Define prob and opp
Continue desire to change w
identifying
current state, existing prob and potential opp
Phase 3: where we want to be?
Compare current state w target state
Gives idea of
current gaps
and define
road map
Communication
of desired outcome here
Inner ring: Define target state
Middle ring: Communicate outcome
Outer ring: Define road map
Phase 4: what needs to be done?
Takes prev phase of gaps, their priority to create
program plan
Role
of each stakeholder
idenfied
here
Inner ring: Build improvements
Middle ring: Identify role players
Outer ring: Plan program
Phase 5: How do we get there?
Focuses on
executing
the plan in prev phase
Inner ring: Implement improvements
Middle ring: Operate and use
Outer ring: Execute plan
Phase 6: Did we get there?
Evaluates
deployment from prev phase
Inner ring: Operate and measure
Middle ring: Embed new approaches
Outer ring: Realise benefits
Phase 7: How do we keep the momentum?
Thoroughly
evaluates
effectiveness of approach in prev phases
Document lessons learnt
Independent assessor engaged to
measure
effectiveness of change
Inner ring: Monitor and evaluate
Middle ring: Sustain
Outer ring: Review effectiveness
Inner ring: Continual improvement lifecycle Middle ring: Change enablement
Outer ring: Program mgmt