Top 6 Reason why every company need IT Governance

1. There is a general lack of accountability and not enough shared ownership and clarity of responsibilities for IT services and projects. The communication between customers (IT users) and providers has to improve and be based on joint accountability for IT initiatives.

2. There is a potentially widening gap between what IT departments think the business requires and what the business thinks the IT department is able to deliver. Organisations need to obtain a better understanding of the value delivered by IT, both internally and from external suppliers. Measures are required in business (the customer ’s) terms to achieve this end.

3. Top management wants to understand “how is my organisation doing with IT in comparison with other peer groups?”

4. Management needs to understand whether the infrastructure underpinning today’s and tomorrow’s IT (technology, people, processes) is capable of supporting expected business needs.

5. Because organisations are relying more and more on IT, management needs to be more aware of critical IT risks and whether they are being managed. Furthermore, if there is a lack of clarity and transparency when taking significant IT decisions, this can lead to reluctance to take risks and a failure to seize technology opportunities.

6. And finally, there is a realisation that because IT is complex and has its own fast changing and unique conditions, the need to apply sound management disciplines and controls is even greater.

source:ITGI.org