IT Governance Targets Value Beyond Sheer Compliance
Research conducted by MIT has found that "companies with better than average IT governance earn at least a 20 percent higher return on assets than organizations with weaker governance."("Recipe for Good Governance" by Jeanne Ross and Peter Weill, CIO Magazine, Vol. 17, No. 17, June 15, 2004.)
Successful compliance and control of your information technology systems is more than simply making sure that your network is secure and aligned with mandated governmental regulations. Your compliance program should ensure that you're meeting regulatory requirements on an ongoing basis -- it should also target the "return on assets" value associated with IT governance.
IT governance is a framework that ensures that technology decisions are made in support of the business' goals and objectives. It provides the critical checks and balances designed to better manage and mitigate risk, standardize practices, stream-line procedures, and strengthen returns on assets.
The R.DORSEY+COMPANY team has extensive experience in assisting organizations implement IT governance strategies that target value beyond sheer compliance.
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Do you understand the importance of IT governance, but are having difficulty getting your Board and Executive Team in synch?
Our Board and Executive Team Briefing accelerates getting your board members and executive leadership on the same page when it comes to IT governance and compliance. As an independent third party, we both affirm progress being made and confirm clear leadership roles and responsibilities moving ahead - based on acknowledged IT governance frameworks, best practices, and years of experience.
Contact us about moving your IT Governance and Compliance efforts forward faster with a Board and Executive Team Briefing on the topic. Leverage our leadership and expertise to quickly get the right people in your organization headed in the right direction.