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Tailor an IT Governance Plan to Fit Organizational Needs

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Page 1: Tailor an IT Governance Plan to Fit Organizational Needs
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Optimize Your IT Governance in 4 Days. Drive business value and enable effective decision making by optimizing IT governance structure and processes.Despite the importance of IT governance, many organizations struggle to define optimal structure and processes. As a result, tackling IT governance optimization can be daunting for CIOs, especially because success necessitates involvement from key stakeholders across the organization.

IT Governance is the #1 most important predictor of the value generated from IT (source: the Val IT framework).

MIT Sloan School of Management finds:20% higher profits reported by organizations with effective governance over poor governance.40% of organizations who optimized for superior governance report that productivity was “highly improved.”38% increase in IT-driven value reported by companies who optimized IT governance.

The top three symptoms of poor governance all reflect a lack of business involvement in IT decision making: 72% insufficient IT resources planned69% misalignment between business and IT strategy 69% business unaware of services IT provides

Optimize IT governance around your target state capabilities in the five governance areas (risk, service, projects, information lifecycle, and PPM) to enable effective decision making.

OverallIT Governance is about decision making. Make the right decisions faster with an optimized governance structure.Business involvement in IT governance is essential. To be effective, you need business support and involvement. Committee empowerment is key. Ensure the committee has organizational endorsement and the tools needed to make decisions.Module 1: Assess the current stateGovernance is not one-size-fits-all. Optimize your IT governance structure to enhance your target capabilities based on your organizational size and key IT objectives. Set clear metrics around your key objectives in the five governance areas.Module 2: Design the future stateBuild IT governance committees purposefully around the activities they are responsible for. Don’t focus on what committees you think you need. Determine responsibilities first. Determine committee participation based on committee responsibilities. Select only those who are key decision makers for the activities the committee is responsible for, and wherever possible, keep membership to between five and eight members. Committees can only be effective if they have clear and documented authority. Documenting the role of the committee is pivotal in obtaining stakeholder buy-in and increasing adoption.Clear accountability is essential for effective meetings. Each committee responsibility should have one person who is accountable, and at least one person who is responsible. This is the number one way to ensure that committee work gets done.Focus your meetings by having an agenda. Forty-nine percent of organizations report unstructured meetings to be the biggest time waster.Module 3: Build the IT governance processBuilding the high level IT governance processes brings your governance structure to life. Having a clear process for IT governance ensures that committees are able to complete their responsibilities.Module 4: Build a communication and action planHow you implement the changes to IT governance depends on the level of change. Whether you take a bottom-up or top-bottom approach should be based on your maturity gap.Right-size your communication management plan, based on the organizational impact. How you communicate the change will vary based on your organizational history, the urgency, and the level of change. Have a plan and clear accountabilities for measuring the impact of the change. Don’t let measurement take a back seat – have a plan up-front.

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http://www.infotech.com/research/ss/tailor-an-it-governance-plan-to-fit-organizational-needs