PR Radio 49 — Effective IT Governance with COBIT 5

Troy DuMoulin, VP Research & Development | November 6, 2013

Its Hard To Arrive When Your Destination Is Unclear We have all heard the management cliches from passionate leaders declaring a grand vision for their organization's to achieve “World Class” or “Best In Class” results through hard work, integrity of purpose and customer focus. However, what is unclear after the motivational speaker has stepped off their soap box is what exactly “World Class” looks like or how we will know we have arrived? The answer to this question is a responsibility of Leadership and Governance! It is not enough to simply declare a vague generalized direction focusing on the end results such profitability, market share or shareholder return on equity. Governance must provide management with direction and clear expectations as to the structures, roles, practices and measures required to achieve what has been defined “World Class”. In short Governance must clearly establish the expectations in order to Evaluate current state, Direct and prioritize improvements and Monitor progression towards the organization's goals in order to establish the next round of management CSI activities. Very few people work well with ambiguity and even those who do establish their own sense of priorities and focus in order to achieve localized or personal improvements. In this episode of Practitioner Radio Chris and I will look at how to establish an effective IT Governance Approach using COBIT 5 as a Kick Start tool.

 

Show Notes:

  • Were not just IT today — Focusing on Enterprise Business Governance
  • Troy's involvement with COBIT 4.0 design mapping to other frameworks
  • Three Big things about COBIT 5.0
    1. Integrated all ISACA practice area (COBIT, VAL IT, Risk IT)
    2. Governance vs Management
    3. One integrated framework / IT not separate from Business
  • Practitioner Radio Episode 19 - The Strategic Role of An IT Operating Model
  • COBIT is the Umbrella Framework encompassing all others
  • COBIT is like a Scope Statement for IT
  • COBIT 5 does a much better/explicit job of mapping to other IT Frameworks
  • Can you buy COBIT Software? smile
  • COBIT can be found at the ISACA website
  • Gary Hard Youtube
  • What is not defined, cannot be controlled, measured, improved
  • You need the Picture on the Puzzle Box
  • Complexity is its own argument for definition
  • Cynefin Model
  • Governance is not compliance or legal requirements
  • Rob England on Governance
  • Governance needs to provide the definition or what is expected
  • Governance A Compass Without a Map
  • ISO 38500 — IT Governance (Evaluate, Direct, Monitor)
  • Governance is not Doing, it is about Directing
  • COBIT is the Map Legend
  • A COBIT Foundation is a better first step for Managers and above then an ITIL®️ Foundation class
  • COBIT 5 Certification (Foundations, Implementation and Assessment Courses)
  • Practitioner Radio Training Bundle
  • COBIT 5 Enablers (Policy, Process, Org Structure, Culture, Information, Services/Tech, People)
  • Troy's Seven ITSM Enablers
  • Policy: Until it is written down it is a rumor
  • Pink's CORE Values: Courageous, Open Minded, Responsible, Enterprising
  • COBIT Definition of Value: Benefits Realization, Risk Optimization, Asset Optimization)

Troy's Thunder Bolt Tip: Today's IT Value chain has way too many moving parts and suppliers in the mix to not establish a Governance Framework to ensure all the moving parts are performing as required. Organizations need to look seriously at COBIT 5 as a tool to help them Evaluate, Direct and Monitor their ability to deliver stakeholder value. Troy's and Chris's Thoughts What Are Yours? "The art of simplicity is a puzzle of complexity." ~Douglas Horton To subscribe to Pink's Podcasts on iTunes

 

ITIL® is a registered trademark of Axelos Limited. All rights reserved.

Like this article? Like

Comments

Post a comment