You have not heard from me for weeks. I am quite busy as I guess you all are with summer holidays and vacations. It is possible that I may be one of the few who make semi-retirement a full time plus effort. That is okay. I am having a blast.
I am laying aside our Leadership lessons for now. I have Governance on my mind.
GOVERNANCE is such an overused word. I hear it so often that I am half tempted to strike if from my own vocabulary. If only it was not so important.
But why is IT Governance so important. Is it just a consultant’s word for decision making?
Not really that simple.
In the broadest sense, IT Governance can defined as the decision rights and accountability for assuring good behavior in our use of IT. It is not about the decision itself, but who has the right to make and contribute to the decision. It is a framework of decision rights and oversight that is intended to drive maximum value out of all information technology investments, minimize risks, use resources effectively, and assure alignment. That is a lot to expect from one process.
Breaking it down into steps makes it easier to grasp:
- What decisions must be made to ensure effective management and use of IT?
- What will guide these decisions?
- Who should make these decisions?
- How are decisions made?
- How are decisions managed?
- How are decisions monitored?
Why do I have Governance on the brain you might be asking? Because without it, the wrong decisions are being made in business by people who don’t have the right to make the decision. They don’t even know they stepped over the line. Worse yet, the people who SHOULD be making decisions are finding it easy to blame bad out come on those who attempted to make decisions without guidance. It is quite a vicious circle.
Over the next couple of weeks I will share the concept behind these 6 steps.
Pay attention now, there will be a quiz at the end of each lesson!
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