The Importance of IT Governance in the Marketplace

August 27th, 2008 |
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Join BearingPoint Senior Vice President Marcel Nickler as he explores the importance of IT governance. In today’s difficult economical environment, there is a lot of pressure to deliver more services and performance with less or limited resources. There is also a clear expectation towards IT, which is that the services offered and delivered upon must support the further development of the business in an increasingly international or even global environment.

The convergence of business and IT has offered the advantage of merging the respective strategies of each. This collaboration is a must when aiming to reach a competitive advantage through application IT. With increasing IT costs over the last year, there’s been significant pressure to deliver. By joining business and IT, the related business advantage is obvious; important decisions are jointly agreed upon by the board members, business management and the IT department.

In today’s market, organizations need to take proper steps to solve their IT governance problems. They must establish a focused management team and have control of projects, investments and IT services. This will create short term impact and better results for future success. Stringent IT Governance can improve the competitiveness and adaptability of a company. The establishment of IT Governance is a very challenging obstacle, but the end result is always a success.

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Posted in: BearingPoint, Corporate