IT Governance Services

Develop an integrated framework to improve the performance and consistency of your IT investments and projects

Previous governance focus on information technology was aimed squarely at compliance. If your IT function is to be a core enabler of the business it is unwise to concentrate solely on accountability and assurance.

The requirement therefore is to extend this focus and develop a governance framework that intergrates both the governance and management of IT into the wider business.

 

The Effective Governance IT Governance framework Effective Governance has developed the 'IT Governance Framework' to address the requirement for focus beyond compliance.

Governance works best when you have a clear framework of functions against which to articulate your roles and responsibilities.


'Effective Governance worked with Tabcorp to develop and implement an IT governance framework that will assist us on our journey to a higher level of IT governance maturity and effectiveness'

Luke Healy, CIO,
Tabcorp Casinos Division


Key governance functions:

Our framework ensures alignment and accountability for the following key governance functions from a vertical perspective (board to IT staff member) and horizontal perspective (across divisions, silos, locations):

1. Strategy

Processes and input around strategic direction, formulation, planning, alignment, monitoring and review of the IT function.

2. Risk Management and Compliance

Evaluating exposure to critical IT risks and treating, monitoring and communicating responses to those risks as well as ensuring regulatory and legislative compliance in those areas that impact on IT operations.

3. Value Delivery

Process to ensure integrity of business benefits put forward by IT programs (new and existing).

4. Monitoring and Reporting

The process of monitoring to ensure strategy is aligned, programs are on track to deliver planned value, and that appropriate levels of the organisation are being kept informed. This will also include monitoring of IT leadership and the processes around appoint, review, replace (when necessary) and advise leadership at all levels.

5. Stakeholder Communication

Identification of appropriate stakeholders and levels of interaction both internal and external to the IT function.

6. Decision Making

Documented delegation of authority and decision making processes related to the IT function.

Benefits:

By enabling your organisational IT Governance model, there are a number of outcomes and benefits to be derived:

Board level:

  •  Ensure that legal obligations are met
  • Enable the board to regularly monitor activities
  • Helps establish clear authority levels
  • Assists in approving financial plans and budgets
  • Facilitates the monitoring of risk management strategies

Management level:

  • Provides the process for aligning IT investments with business strategy
  • Helps to effectively prioritise requests from business units competing for resources
  • Reduces redundancy within the project and application portfolios
  • Reduces inefficient and over-allocation of resources
  • Minimises business losses, reputational damage and a weakened competitive position
  • Reduces the failure of IT initiatives to bring the innovation and benefits they promised

Organisation as a whole:

  • Provides a clear communication platform across the organisation
  • Assists IT management understand the business
  • Reduces unresolved conflict between business and IT management
  • Changes the view that business executives take no responsibility for IT-enabled business change
  • Minimises the chance that the IT organisation will fail to realise business value

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Contact Us

To enquire about ways to improve your IT governance, contact Effective Governance.

 

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