COBIT
IT governance processes
Corporations are striving to create value from IT processes. Managers have acknowledged that IT-oriented behaviors and decisions must conform to the organizational performance goals. However, most people within organizations are making decisions that influence the value of IT. IT governance refers to the process whereby businesses align their IT activities with their performance objectives. Therefore, IT Governance is the accountability and decision frameworks to encourage desirable activities and behavior in the IT use (Brand & Boonen, 2007). It mirrors the principles of broader corporate governance and focuses on the use and management of IT in achieving organizational performance goals. IT outcomes are difficult to measure hence companies must assign responsibility to assess achievement of the desired outcomes. IT governance cannot be applied in isolation as it is connected to various key enterprise assets such as intellectual property and human resources. Hence, IT governance shares mechanisms like budget processed with various governance processes. It thus coordinates corporate wide decision-making procedure.
Studies indicate that firms founded on effective IT governance generate 30% profits compared to firms pursuing other strategies (Selig, 2008). This is supported...
processed foods and diet has had a negative effect upon many populations, particularly contributing to obesity and potential Type-II diabetes and a host of other problems. Medical doctors, scholars, researchers are all in agreement that there is a complete link between what we eat and drink, and the consequences to our overall health. Technology has certainly done wonders for learning, but has also contributed to children preferring video games
According to Dowdle, Stevens, & Daly (2007), process-based interventions reflect a particular organizational philosophy, namely that organizations exist as a series of processes which are designed to deliver value to the customer. The presumption is that by setting benchmarks for specific process improvements, the organization will be able to improve in efficiency, cost savings, and ultimately profitability. Processes are not separate from strategy but rather are an integral part of
Improvement Organizational Posters McDonalds is an organization that provides fast food items to the society in numerous parts of the globe. The organization aims at improving the quality of services within its interactions with the consumers and other relevant partners in the industry. Identify 2 or 3 examples of process improvement opportunities in your chosen organization's industry. Identification of the process improvement opportunities in the industry would depend on what the entity
Strategic Management Process Describe the primary components of a strategic management process, and indicate why a strategic management process is needed for a company. The process of strategic management, according to Alkhafaji (2013), is made up of four key components: environmental scanning, strategy formulation, strategy implementation, and evaluation and control. Environmental scanning, in the words of the author, "consists of analyzing internal and external factors that may affect the organization and its ability
Appellate process is integral to the American judicial system and is a constitutionally protected right. Individual, or corporations for that matter, have the right to appeal a trial on the grounds that the decision was made erroneously or without proper attention paid to evidence or judicial procedure. Basically, the appellate process refers to the specific procedures and practices by which the appellate system in particular works. The appellate courts are
TOYOTA Process improvements Toyota: Case study What exactly needs to be improved? The Toyota Corporation built its reputation upon safety and quality. Based upon its perceived superiority to its competitors, particularly its American competitors, the Japanese carmaker had established itself as 'benchmark' of excellence in the international marketplace. All of this began to change in the late 1990s and early 2000s. Toyota's safety was questioned after a series of highly-publicized recalls. In particular, the
Our semester plans gives you unlimited, unrestricted access to our entire library of resources —writing tools, guides, example essays, tutorials, class notes, and more.
Get Started Now