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Understanding the Work of the IT Governance Board

Understanding the Work of the IT Governance Board

The work of the company’s governance boards and committees is extremely important since these groups plan, design, negotiate, implement and provide oversight for the processes, policies, procedures, and other mechanisms used to guide,  monitor, control, and assess the operations of the company. Each board is comprised of executives who each represent their functional areas or a group of internal stakeholders. Usually, there is a chair position that rotates among the members. If you would like to learn more about corporate governance in general, Deloitte’s report Developing an effective governance operating model: A guide for financial services boards and management teams provides a brief but comprehensive overview (see https://www2.deloitte.com/content/dam/Deloitte/global/Documents/Financial-Services/dttl-fsi-US-FSI-Developinganeffectivegovernance-031913.pdf). You may also find this article What is a management system?, from the International Standards Organization, helpful as it explains what a management system is and why standards are needed to define repeatable steps that organizations can use to ensure the effectiveness and efficiency of their management activities.

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