IT Governance: Now Is the Time

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IT Governance: Now Is the Time
Steve Romero (February 18, 2008)

IT governance is not a plug-and-play application. It is a journey requiring executive commitment, continuous improvement, effective process management and organizational buy-in. The following are top-line “must haves” for any company considering IT governance, and some examples of the framework in action.

IT governance is a critical discipline in any large organization. With the prospect of decreased IT budgets looming, organizations are taking a critical look at spending to ensure they allocate the right resources and funds to the most strategic projects and initiatives. To ensure overall organizational success and IT efficiency, businesses should look to employ an IT governance framework and set of best practices to bridge the divide between IT and business, which in turn makes IT a more strategic partner.

The adoption of IT governance has been bolstered by organizations like ISACA and the IT Governance Institute, consulting firms, technology analysts and academics. Among them, Peter Weill and Jeanne W. Ross of MIT’s Sloan School of Management literally wrote the book on how companies can best approach the complex — but business-changing — practice of IT governance.

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