IT Governance
Introduction
IT governance is a part of enterprise governance, and is defined as a process that ensures that the organizations IT sustains and extends the capabilities of the organization thus ensuring the delivery of the expected benefits seamlessly and ensures the long term success of the firm. The general IT system is an amalgamation of many subsystems. Information technology governance is being considered an integral part of corporate governance. IT governance is now a part of the national governance requirements and this impact has been gradual and debated and adapted over many decades. (Cater-Steel, 2009)
The impact of information technology--IT has been speculated upon for quite some time. Now there is a definite established relationship between IT and organizational structure. The importance of IT is because it helps companies remain competitive and also they can have better processing ability of information. The most effective use of IT can then be achieved only by a strong organizational structure. The organizational structure can affect the effectiveness of the use of Information Technology. The structure of the organization also includes the routines and learning capabilities and adaptation to the changing roles in the work place and information processing. (Earl, 1988)
The major goal is to integrate 'Information Systems/Information Technology' with the corporate strategy to use information for better governance and management. This has
In modern society, IT (information technology) governance plays an important role in business development. Therefore a good IT organization is which match all the business need and also performance well to get lead in the industry. This report will analyze four sections related to WestJet Airlines case. First of all, the five specific areas in IT governance will be considered. Second, AS8015 model for IT governance will be defined, and a strong example will be discussed. The third part is about risk identification and control for WestJet Airlines’ IT operations. The last section will discuss how Smith manage the transformation propose.
Target Corporation enhance its information warehouses with latest big data that is technologically sophisticated to crunch large data using complex algorithms and provide vital output data for a daily operation as well as strengthen its capabilities over its rival which is a competitive advantage and speed up worker productivity. A quality tracking tool provided by information system tracks each package, parts ensuring the goods meet the quality standard.
offer a fully integrated solution of strategy, operations, and information technology was key to its
IT Governance is an internal IT strategy used to analyze and prioritize current and future IT projects through the IT governance process. It involves assessing current projects, defining future vision, and ensuring project road maps are structured properly. “Good governance enables you to make and implement better decisions faster, and provides the foundation for weaving together business and IT strategies (Broadbent, Kitzis, 2005).
The major goal is to integrate Information Systems/Information Technology with the corporate strategy to use information for better governance and management. This has improved with the connectivity and networking and also the shrinking cost- performance ratios in technology. IT governance thus is a result of the complete merger of computer and communications technologies, like data processing and high advancement in networks, and integrated systems. (Bloomfield; et al, 2000) To this extent the software of the stand alone systems have to be converted to a single functional system for all requirements and the system involves the creation of a network with the following functionality:
IM/IT governance helps the organization make business decisions more accurately and in a timelier manner (Glandon, Smaltz, Slovensky, 2008). In order to complete this, five general guidelines were created. They are as follows: Develop a consistent IT strategy, Align IT Planning with Organizational Planning, Develop IT Infrastructure, Architecture and Policies, Set IT Project
IT governance incorporates ideas and information about the way you execute your business strategy. It is about how you operationalize and capitalize on market opportunity. It is only at the lowest levels of division that IT governance is about decision rights, compliance, regulations, standards, and policies. And while not to minimize the extreme importance of these elements for IT governance, I do declare that if your IT governance solution is primarily about being compliant, etc., and secondarily about business execution, then neither your IT organization nor your business is likely to benefit from your implementation. You will have missed the opportunity that IT governance offers.
“No longer is IT just another tool the CEO might use to accomplish costs saving and operational ends. Today, information technology can help solve product problems, set new levels of service and create new distribution and communication channels.”
The mini-case starts with “IT is a pain in the neck,” which is a wrong notion that most of the business managers have in an organization. The history of IT-business relationships in most of the organizations shows that there is a huge gap between both sides which is getting better over a period of time. Today, managers know the fact that it is the people, technology and information that realizes the value of a company and everytime IT cannot be blamed for everything. The days have gone when IT was looked at as the sole responsibility for a company’s growth or downfall. IT processes along with the
Information Technology (IT) is a foundation for conducting business today. It plays a critical role in increasing productivity of firms and entire nation. It is proven that firms who invested in IT have experienced continued growth in productivity and efficiency. Many companies' survival and even existence without use of IT is unimaginable. IT has become the largest component of capital investment for companies in the United States and many other countries.
It is generally accepted that information is a vital commodity for the successful operation of today’s organizations. Nowadays modern business organizations are using computerized information systems in order to obtain such information. However as the technology advances rapidly the main issue is how can an organization should effectively use such an information system - which its management sometimes can be unpredictable - in order to effectively help the whole organization structure to improve and take the most out of it.
CHANGE is the only constant in the relationship between information systems and organizations. As technology evolves and changes, its introduction into organizations requires changes in the firm 's infrastructure and the services it can provide to its employees, customers, and suppliers.
Information Technology (IT): The hardware and software technologies a firm needs to achieve its business objectives (Kenneth C Laudon and Jane P Laudon., 2010).
Establishing an effective Information Technology Security Policy Framework is critical in the development of a comprehensive security program. The purpose of the Information Security Policy Framework is to insure your organization will be able to provide the minimum security level necessary to maintain confidentiality, integrity, and availability of the information it collects and uses.
Management is one of the most important human activities and has critical impact on life, growth, development or destruction of an organisation. In an organisation, managers with any rank or status should understand their basic duties i.e. maintaining a sustainable conductive environment where people can fulfil their commitments and objectives through collaborative approach. (Akhtar, 2011) A manager is responsible to achieve the business’s goals, visions and objectives by planning, organising, leading and controlling. Dubrin (1994) stated that in every organisation each member of staff must plan, organise, make decisions, and control the resources they need to accomplish the results expected