The Importance of It Governance Planning

IT Governance helps the organization to keep transparency. In current world, IT plays a prominent role which helps to increase governance practices. IT governance will have leadership structure which helps organization to function in a hasty manner. As it is part of enterprise governance, and with enterprise governance we need to know the organization goals. By adapting, we will have lot of understanding towards risk management, oversight, plan achievement, organization goals, clear communication, cost redundancy, IT failures, and team-work.

Why IT Governance is important?

In Information technology governance, it relates to keep the organization run structurally, and it keeps a track of activities done by the organization.

In most of the companies, the major problem will be business strategies. This leads not to delivery project in a hasty manner. Most of the companies will face this issue due to lack of proper understand on the requirements and eventually an extra funding needed which will put a bad impression near the clients. By doing this, it will eventually impact the growth of the company.

In recent years, all the big companies shown interest in the governance plan due to below factors:

• Requirement Analysis - This is the most important phase. Most of the company’s repetition will lose because of proper understanding on the requirements. As SA and SME, they need to know what and why a team need to develop, after understanding the complete requirements then only a development need to be started. If not, it will affect the budget allocation to the project and simultaneously it will impact relation with a customer. By analyzing this, it will help in not to change business requirements in the middle of the project.
• Technology Related Risks - Before starting any project a team need to know what are all technologies can be used in the project? in today’s world, as technology is evolving rapidly, we need to know what technologies need to be used. Also by implementing these new technologies it will affect any real-time customers. Analyzing this will help in revisiting the technologies back at the middle of project.
• IT initiatives - IT initiatives will also a play a crucial role while developing any project. Major initiative in any organization will be Technology and Cost management. Coming to technology initiative in most of the companies they will give much importance on technology rather than the outcomes of the technology. We need to understand why and what business goal will be achieved by using the new technology. Also cost management, organization need to know how much they need to put so that it will help the organization to run in profits.

The best four initiatives every organization to follow:

1. Automation Process – By doing this. It will help the organization to run in an efficient way. Human power will be get reduced and will help the organization with some cost cutting, which simultaneously leads some profits to the organization.
2. Work Life Integration – Every organization need to have a good environment so that every employee will work effectively. Also, we need to give some flexible hours to the employees and which help them for work/life management.
3. Task Management – A better task management needed to be performed. Organization need to be focus and understand all the business process. There should be proper discussion need to take place between the teams to keep update.
4. Improved quality of product/service – Quality assurance need to be provided internally and externally. Each organization will have their own of way of quality testing. We need to improve this a lot so that so it will be beneficiary to the customers and regular health checkups need to perform so that it will not affect anything to real customer.

IT infrastructure current and future needs – While we try to introduce a new thing in the organizations, for example it might be a framework, bug tracker, user story tool, etc. We need to know how exactly it will be used? Also does it have any further complications in the future? All these things need to be analyzed.

To manage all these, we need to place an internal auditor who helps to keep track of company’s performance and he/she need to actively Performa for a better organization growth.