100% satisfaction guarantee Immediately available after payment Both online and in PDF No strings attached
logo-home
Digital Strategy and Governance samenvatting boek $11.29
Add to cart

Summary

Digital Strategy and Governance samenvatting boek

1 review
 116 views  6 purchases
  • Course
  • Institution
  • Book

Digital Strategy and Governance samenvatting boek + antwoorden op vragen achter elk hoofdstuk

Preview 2 out of 59  pages

  • Yes
  • January 4, 2023
  • 59
  • 2022/2023
  • Summary

1  review

review-writer-avatar

By: hoefersconstantin • 11 months ago

avatar-seller
Chapter 1: Introduction

1.1 Enterprise Governance of IT

➔ Firms are increasingly using digital technologies for strategic purposes,
accompanied by fundamentally reshaped (digital) business strategies
◆ Organisational decision-makers are increasingly facing important IT-
related decisions at all managerial levels
➔ Achievement of IT business value relies heavily on good IT governance
◆ “Effective IT governance is the single most important predictor of the
value an organisation generates from IT”
◆ However absence of IT governance can cause many problems, such
as information security breaches
◆ Organisations have clear incentives to strive for effective IT
governance, as this enables the creation and protection of IT
business value

Enterprise Governance of IT (EGIT): the issues related to ensuring appropriate
control over IT to enable the creation and protection of IT business value
➔ It enables the creation and protection of IT business value through the
mediating mechanism of business/IT alignment
➔ There is a clear relationship between these three core concepts
➔ The conceptual model:




Definition: Enterprise Governance of IT (EGIT) is an integral part of corporate
governance for which, as such, the board is accountable. It involves the definition
and implementation of processes, structures, and relational mechanisms that enable
both business and IT stakeholders to execute their responsibilities in support of
business/IT alignment, and the creation and protection of IT business value.

Enterprise Governance of IT (EGIT) is the process of establishing a framework for
the use of technology in an organisation. It involves defining policies, procedures,
and standards for the management and use of IT assets to align with the
organisation's goals and objectives. EGIT aims to ensure that IT resources are used
effectively and efficiently to support and enhance the organisation's operations. It
involves the participation of multiple stakeholders and may involve the use of
governance frameworks or models.

, Due to the focus on “IT” in the naming of the concept, the IT governance discussion
mainly remained within the IT area. For instance when you contact the CEO for an
interview on IT governance you get immediately referred to the CIO.
➔ It is clear that IT business value cannot be realised by IT, but will always be
created at the business side
◆ For example: if IT delivers a CRM system on time and within a budget,
there wouldn't be any business value creation if business side is not
integrating this new information system into its business operations
◆ ⇒ integration & standardisation
➔ Therefore the name Enterprise Governance of IT (EGIT), which implies the
involvement of the business
◆ This change in the naming implies a crucial shift in mindset of business
stakeholders


1.2 Business/IT alignment

The outcome of EGIT is the alignment of information technology with the business.

Business/IT alignment: the fit and integration among business strategy, IT strategy,
business structures, and IT structures.
Two major questions:
● How is IT aligned with the business?
● How is the business aligned with IT?

Strategic Alignment Model (SAM)

The benefits of buying summaries with Stuvia:

Guaranteed quality through customer reviews

Guaranteed quality through customer reviews

Stuvia customers have reviewed more than 700,000 summaries. This how you know that you are buying the best documents.

Quick and easy check-out

Quick and easy check-out

You can quickly pay through credit card or Stuvia-credit for the summaries. There is no membership needed.

Focus on what matters

Focus on what matters

Your fellow students write the study notes themselves, which is why the documents are always reliable and up-to-date. This ensures you quickly get to the core!

Frequently asked questions

What do I get when I buy this document?

You get a PDF, available immediately after your purchase. The purchased document is accessible anytime, anywhere and indefinitely through your profile.

Satisfaction guarantee: how does it work?

Our satisfaction guarantee ensures that you always find a study document that suits you well. You fill out a form, and our customer service team takes care of the rest.

Who am I buying these notes from?

Stuvia is a marketplace, so you are not buying this document from us, but from seller groshbanks. Stuvia facilitates payment to the seller.

Will I be stuck with a subscription?

No, you only buy these notes for $11.29. You're not tied to anything after your purchase.

Can Stuvia be trusted?

4.6 stars on Google & Trustpilot (+1000 reviews)

53340 documents were sold in the last 30 days

Founded in 2010, the go-to place to buy study notes for 14 years now

Start selling
$11.29  6x  sold
  • (1)
Add to cart
Added