Journal of Accounting and Management Information Systems (JAMIS)

It governance – the importance of implementing this for the success of the bussiness

11-12/2005 ,   p278..282

Robert ŞOVA

Keywords:   It governance

Increased complexity, speed, interconnectivity and globalization mean that information technology (IT)-more than ever-can involve huge costs and enormous risks. At the same time, IT offers extraordinary opportunities to enable and transform the business. It is clear that enterprises rely on IT for their competitive advantage and cannot afford to apply to IT anything less than the same level of commitment they devote to financial supervision and overall enterprise governance. IT governance is the responsibility of the board of directors and executive management. It is an integral part of enterprise governance and consists of the leadership and organizational structures and processes that ensure that the organization's IT sustains and extends the organization's strategies and objectives.