Corporate & IT Governance Frameworks Assignment Help
WORK TOGETHER WITH EXPERTSMIND’S TUTORS TO ACHIEVE SUCCESS IN CORPORATE & IT GOVERNANCE FRAMEWORKS ASSIGNMENTS!!
What is the difference between boards, committees, and workgroups?
Ans: The basic difference between boards, committees, and workgroups lays in the respective responsibilities for the organization. Board is a group of managerial of the organization having the power to decide the future strategies and perform in the policymaking process of the organization (De Marchi et al., 2016). Committees are substitutional bodies of the boards which are developed to accomplish the specific purpose of the organization which includes financial strategic development and disaster management. The working groups are the substitutional parts of the committees whichare developed with a group of experts to formulated plans and strategies according to the organizational goal.
DO YOU WANT TO EXCEL CORPORATE & IT GOVERNANCE FRAMEWORKS ASSIGNMENT– ORDER AT EXPERTSMINDS!
What is the difference between corporate and IT governance?
Ans: The basic difference between corporate governance and IT governance lays in their roles and responsibilities. The roles and responsibilities of corporate governance are to create strategic goals, formulate long-term strategies, manage business activities to ensure organizational goals and to mitigate the strategic risks (Išoraite, 2014). On the contrary, the roles and responsibilities of IT governance are to specify decision rights and develop a framework to manage organizational behavior.
ORDER NEW CORPORATE & IT GOVERNANCE FRAMEWORKS ASSIGNMENTS AT NOMINAL PRICE!
Why is IT Governance important? Think of a situation that could have been prevented had a corporate of IT policy been in place?
Ans: IT governance is important because it sets governance principles and strategic directions to establish the necessary organizational structure and possess customer relationship management (Iden & Eikebrokk, 2014).
Situation: A consumer is constantly providing negative feedback regarding the product and service quality.
This situation can be handled by implementing IT policies which includes the development of the policies to improve product quality and helps to retain good relationships with the customer through effective customer relationship management.
1. Identify and explain the three characteristics of good governance?
Ans: Three characteristics of good governance are as follows:
- Ethical maintenance of gender equality in the managerial level
- The development of the fair and legal framework to ensure impartiality
- The attainment of keeping a good relationship with all its stakeholders (Parkhurst, 2017)
2. Identify at least five areas associated with IT Governance?
The five areas associated with IT governance are as follows:
- Development of policy framework for the enterprise
- Ethical maintenance of strategic management (Pfaff et al., 2014)
- Optimization of the existing risks
- Realization of organizational benefits
- Optimization of the existing and required resources
NO PLAGIARISM POLICY – ORDER FOR CORPORATE & IT GOVERNANCE FRAMEWORKS ASSIGNMENT HELP AND GET WELL WRITTEN SOLUTIONS DOCUMENTS WITH FREE TURNITIN REPORT!
What are some of the key areas auditor’s examine relative to IT governance? Provide an example of what specifically they would examine regarding financial management, data/information security, and compliance?
Ans: The key areas that auditors examine in the IT governance are related to the management metrics. Strategic management is audited to ensure the capabilities of the employees to work together. The value delivery is also audited to address the necessary delivery benefits of project management (Rebollo, 2015).The resources and risks associated with IT governance are also audited to ensure its efficiency in resource and risk management.
For example- The auditors would especially examine the performance of the financial management of the organization. If the financial performance of the organization deteriorates due to poor strategy or the issues of data breach and breakdown of security system arise, the auditors examine and highlight the risks associated to the poor financial performance or data breach issues.
ENDLESS SUPPORT IN ONLINE ASSIGNMENTS WRITING SERVICE - YOU GET REVISED OR MODIFIED WORK TILL YOU ARE SATISFIED WITH OUR CORPORATE & IT GOVERNANCE FRAMEWORKS ASSIGNMENT HELP SERVICES!
In every organization, IT governance addresses seven interrelated IT decisions; what are they?
Ans: The seven IT-related business decisions are as follows:
1.The establishment of the direction of the business
2.The selection of a leader who is capable to lead the governance
3.The development of a proper way to sell the vision of the IT governance to its target stakeholders (Lawrence & Weber, 2014)
4.The positioning of the organization’s digital ecosystem
5.Assisting the decision-making process during the systematic transformation
6.Allocation of fund rapidly and dynamically
7.Increase in the transformational prospects for future success
SAVE DISTINCTION MARKS IN EACH ACADEMIC ASSIGNMENT WHICH IS WRITTEN BY OUR PROFESSIONAL WRITER!
What is the value of creating an IT Governance Matrix and charters for governing entities?
Ans: The value of IT governance matrix and charters is to structure rules and regulations for the leadership, organizational culture and business processes in relation to the information technology (Popper, 2014). The matrix is developed to formulate a one-page framework which is helpful to allocate the rights of the IT decisions and accountabilities. The charters are developed to align the IT decision and strategic objectives of the organization and manage to retain a steady IT culture.
ARE YOU LOOKING FOR RELIABLE CORPORATE & IT GOVERNANCE FRAMEWORKS ASSIGNMENT HELP SERVICES? EXPERTSMINDS.COM IS RIGHT CHOICE AS YOUR STUDY PARTNER!!