IT Governance is a set of processes that ensure IT contribution to value creation within the organization through measurement and continuous improvement of costs and uncontrolled risks. The ITIL framework, COBIT framework, and ISO 27002 framework are all examples of frameworks that specifically address IT governance concerns.
According to Kennesaw State University’s IT7833 course material, “we set plans for IT through IT strategy to align IT with the business to maximize value and then use IT policy to implement our IT plans in a systematic and disciplined manner. IT governance processes are used by the organization to measure and ensure IT contributes to organizational value with minimal cost, continuous improvement and controlled risks.” From my perspective, IT Strategy, IT Policy, and IT Governance fit and work together well. Through their combined efforts, IT will be able to assist businesses in reaching their business goals. This is possible through the alignment and implementation of plans that assist in achieving business goals, and through the use of processes that contribute to continuous increases in value provided. [17]
I have identified the ITIL framework or approach to using IT Governance meets potential business needs and/or requirements to create value for organizations. I chose this framework/approach because it is vendor-neutral. In addition, according to CIO Wiki, the “ITIL®: ITIL, or IT Infrastructure Library®, was developed by the UK's Cabinet Office as a library of best-practice processes for IT service management. Widely adopted around the world, ITIL is supported by ISO/IEC 20000:2011, against which independent certification can be achieved.” From my perspective, IT Strategy, IT Policy, and IT Governance fit and work together well. Through their combined efforts, IT will be able to assist businesses in reaching their business goals. This is possible through the alignment and implementation of plans that assist in achieving business goals, and by processes that contribute to continuous increases in value provided. [18]