Webinar Why IT Governance is Important - How to reduce risks and increase value

 

  • Challenges / Issues that call for governance (what’s going on in our organizations that call for governance)
    Lack of governance increases risks
    Inconsistent message to public
    Potential for fraud
    Technology consequences – unmanageable technical infrastructure increases
    potential data breach
    risk of outages
    cost of administration
    training requirements

  • Nature of governance (what is it all about)
    Need to “design” governance structure to ensure that “overlapping” responsibilities do not exist across governance bodies and to ensure necessary domain knowledge exists with each body.
    Need to ensure compliance either through business processes and/or audits.
    Need to have consequences for non-compliance with policies and/or standards.
    Value of governance (what will we get out of it and why it’s not an option)
    Cover both benefits and consequences of failure.
    Maintaining compliance requirements promulgated by funding agencies

  • Governance in decentralized organizations (challenges we will have to deal with and objectives for success)
    Difficulty in monitoring compliance.
    Need to have proactively determined how to address a challenge to the authority of the governing body.

  • Requirements for making it work (strategies, components, organizational change, etc.)
    Need for both “carrots” and “sticks”.
    Management commitment.
    Need to address organizational inertia.

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