IT governance accountability consolidates
Senior executives are now ultimately accountable for IT Governance in 71 per cent of 250 organisations, according to research by IT Governance Institute (ITGI). The research,which covered 22 countries, chimes with the need for the IT governance standard released by the International Organization for Standardisation (ISO).
When it comes to finding champions for IT governance, the ITGI research found that 55 per cent came from within executive management and 45 per cent from non-executive management.
“For effective adoption of the ISO/IEC IT governance standard, organizations need specific guidance depending on their size, risk tolerance, IT investments and culture,” says Paul Williams, chair ISACA Strategy Group. “The array of IT-related risks has never been greater,”
To help organisations adopt ‘ISO/IEC 38500: 2008 — Corporate Governance of Information Technology’, the IT Governance Institute has released a white paper, titled ‘ITGI Enables ISO/IEC 38500:2008 Adoption’: it explains how the ITGI frameworks and research provide implementation support for use by executive and non executive management that organizations can tailor to their specific needs.
The ITGI white paper outlines which specific framework processes and research publications support each of the six principles of the ISO/IEC standard: Responsibility, Strategy, Acquisition, Performance, Conformance, and Human Behaviour.
The good practices in the Control Objectives for Information and related Technology (COBIT) framework are a common approach to effective IT control. It has been adopted globally as the de facto standard control model for implementing and demonstrating effective IT governance and management.
Val IT, a newer framework based on COBIT, helps organisations optimise value from IT-enabled investments. Processes in both of these frameworks provide direct support for the ISO standard. Both frameworks are available as complimentary downloads (see links below).