Start preparing for your Next Exam | Use coupon – TOGETHER | Avail 30% discount

Benefits of IT Governance

  1. Home
  3. Benefits of IT Governance
  • IT governance benefits allow businesses to be more productive. IT governance is a set of standards or a framework that provides a foundation for aligning IT and business strategy.
  • Companies can achieve their strategy and objectives by delivering quantifiable outcomes in accordance with the framework or rules.
  • It usually encompasses a formal program involving the interests of the stakeholders along with resources and processes to follow. Holistically, IT governance is an integral part of overall enterprise governance.
  • GRC (governance, risk and compliance) is a program that encompasses IT governance due to ever increasing role of IT in organizations. IT has impacted day to day operations and has a strategic impact on the way companies function.
  • New age technologies like cloud computing has given birth to new business models of gig economy, pay as per use. Companies are adapting to this scenario but also have to be compliant, implement data security and manage risks.
  • IT governance enables businesses to comply with a variety of data and information requirements, as well as to be accountable, resilient, and dependable. In this altered digital context, there are now heightened challenges from shareholders and consumers to achieve their expectations.
  • As a result, by adopting an IT governance programme for a framework of best practises and controls, IT governance assists in meeting internal and external criteria. The IT governance framework guarantees that businesses achieve the highest possible return on investment (ROI) from IT and that corporate challenges are addressed to give tangible benefits.
To summarize, IT Governance Benefits can:
  • Helps in IT and business strategy alignment
  • Facilitates IT strategic planning
  • Facilitates conversion of strategic goals into IT projects.
  • Assists in project management.
  • Helps in compliance and governance
  • Manages IT risk.

For more – https://www.isaca.org/resources/cobit

Go back to COBIT 2019 Tutorial page

Enterprise Governance - COBIT 2019 Foundation.

Learn more about IT Governance Benefits and their application Now!

Menu