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Transforming Enterprise IT

Transforming Enterprise IT. Speaker Name/Title Date. IT Requires Executive Oversight. An apparel manufacturing company’s difficulties in installing supply chain software cost it an estimated US $200 million

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Transforming Enterprise IT

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  1. Transforming Enterprise IT Speaker Name/Title Date

  2. IT Requires Executive Oversight • An apparel manufacturing company’s difficulties in installing supply chain software cost it an estimated US $200 million • A publicly traded company admitted that a virtual collapse of its financial reporting system reduced its market value by one-third in a single day • An operational meltdown after the merger of two transportation companies was traced to the inability to coordinate their IT systems With good reason:

  3. Oversight Can Lead to Value Creation • A major airline’s supply chain transformation improved the forecast of demand, reduced procurement costs and increased service levels while costs fell • A technology products and services company saved US $12 billion over two years by linking up disparate pieces of its supply chain, thereby reducing inventory levels IT can provide significant benefits, too:

  4. IT Governance Is the Key Issue Enterprises are sacrificing money, productivity and competitive advantage by not implementing effective IT governance Executives need a better way to: Direct IT for optimal advantage Measure the value provided by IT Manage IT-related risks

  5. COBIT® is a Road Map to Good IT Governance Accepted globally as a set of tools that ensures IT is working effectively Functions as an overarching framework Provides common language to communicate goals, objectives and expected results to all stakeholders Based on, and integrates, industry standards and good practices in: Strategic alignment of IT with business goals Value delivery of services and new projects Risk management Resource management Performance measurement

  6. Developed by the Leader in IT Governance Control Objectives for Information and related Technology Professional association with 86,000 constituents. Worldwide leader in IT governance, control, security and assurance. Offers the CISA, CISM and CGEIT certifications.

  7. COBIT® Business Benefits COBIT® provides guidance for executive management to govern IT within the enterprise More effective tools for IT to support business goals More transparent and predictable full life-cycle IT costs More timely and reliable information from IT Higher quality IT services and more successful projects More effective management of IT-related risks

  8. Harmonising the Elements of IT Governance StrategicAlignment ValueDelivery PerformanceMeasurement RiskManagement IT Governance ResourceManagement

  9. A Closer Look at

  10. COBIT® Answers Key Business Questions Is my information technologyorganisation doing the right things? Are we doing them the right way? Are we getting them done well? Are we getting the benefits? * * Based on the “Four Ares” as described by John Thorp in his book The Information Paradox, written jointly with Fujitsu, first published in 1998 and revised in 2003

  11. The COBIT® Framework

  12. COBIT® Defines Processes, Goals and Metrics Relationship Amongst Process, Goals and Metrics (DS5)

  13. Defined Responsibilities for Each Process RACI Chart A RACI chart identifies who is Responsible, Accountable, Consulted and/or Informed. Functions Activities

  14. COBIT® Products and Their Primary Audience COBIT, Risk IT and Val IT frameworks Implementing and Continually Improving IT Governance COBIT User Guide for Service Managers COBIT and Application Controls

  15. COBIT is often used at the highest level of IT governance It harmonises practices and standards such as ITIL, ISO 27001 and 27002, and PMBOK Improves their alignment to business needs Covers full spectrum of IT-related activities COBIT® Harmonises Other Standards 27001/2

  16. Used by Organisations Worldwide (for complete case studies visitwww.isaca.org/cobitcasestudies) ‘We continue to recommend that enterprises use [COBIT] to challenge their established IT governance procedures and to improve the controls they have in place.’ —Gartner also used by Allstate, Harley-Davidson, the Bahrain Civil Service Bureau and many others

  17. Getting Started Visit www.isaca.org/cobit to download the COBIT® framework

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