IT Management - CIOInsight
Home arrow IT Management arrow IT Governance: CIOs Lead the Way

IT Management Slideshow:
IT Governance: CIOs Lead the Way

By Dennis McCafferty on 2011-03-24


What's in your IT governance plan? According to a recent survey from Forrester , the measurement and accountability of IT investments is clearly lacking. Indeed, many organizations are challenged with finding the ROI in technology investments. However, the pervasiveness of IT as essential to companies’ day-to-day business strategies -- along with financial constraints brought on by the global economic recession -- require organizations to become proactive in assessing whether they’re getting maximum results from their tech investments. How corporations leverage IT has emerged as a required core competency that further advances the need for effective governance policies. “Good IT governance ensures that consistent methodologies and practices are employed to deliver products on time, on budget, on scope, and with high quality,” according to the report. “It answers key governance questions ‘are we doing things the right way, and are we doing them well?’ ” Also notable from the survey findings: CIOs are the most called-upon executives within organizations to oversee the IT governance effort. Nearly 110 IT decision-makers took part in the survey. Here are selected highlights:

LATEST STORIES

BLOGS
 
  • of

87 percent


87 percent of respondents either have a formal IT governance framework, or are working on one now.

What do organizations seek from formalized IT governance policies? (percent respondents)


Better alignment with business strategy (79 percent)Improved value from IT (76 percent)Improved operational performance of IT (64 percent)Improved risk management/compliance (54 percent)Reduced IT costs (50 percent)

50 percent


50 0percent of respondents say that the CIO is principally responsible for leading the governance effort at their organization. (A CIO-designated executive does the job at 28 percent of respondents' companies.)

50 percent


50 percent of respondents say that the CIO is principally responsible for leading the governance effort at their organization. (A CIO-designated executive does the job at 28 percent of respondents' companies.)

55 percent


55 percent of respondents have customized an in-house template to build an IT governance framework.

10 percent


10 percent of respondents used a consultant to build a template for their IT governance framework.

33 percent


Despite the push for IT governance, only 33 percent of respondents say they provide post-implementation reviews for at least more than half of their IT investments.

43 percent


43 percent of organizations do not provide any accountability for the outcomes of IT investments.

  • More slideshows

FEATURED SPONSORED VIDEOS

FEATURED SPONSORED ARTICLES

Erasable E-Paper Saves Trees, Cuts Costs

Why Smart Companies Should Adopt the Lessons of Gaming

Interest in Mobile WiFi Hotspots Fuels New Solutions

A Closer Look at Public Cloud Security

View More Articles

  Brought to You By
Click Here



 

Advertisement

Sponsored Links
  • Try Windows Azure free for 90 days

  • Introducing the world's first family of systems with integrated expertise

  • FREE Securing Smartphones & Tablets for Dummies Book from Sophos
  • 77% of the Fortune 500 Manage Content Securely with Box.
  • Leverage your virtual computing environment with Dell.
  • Build an IT Infrastructure That Delivers the Future
  • 5 New Technologies That Will Change Enterprise ITAdvertisement
  • eWEEK Quick LInks

     
    Close this advertisement