IT Governance and Risk Management

Without effective IT strategy, governance and risk management, IT investments may actually erode business value. According to a 2002 Gartner publication 20% of all expenditure in IT is wasted, representing globally a loss of US $600B a year. IT investments are no longer about implementing IT solutions, but IT-enabled change. Greater complexity and risk requires a better way to manage IT investments.

Improved leadership of IT resources can have a significant impact in a company's ability to create and preserve value. Leaders are ”people who, in connection with others, accomplish the tasks of setting direction, building commitment and creating alignment.” (Center for Creative Leadership)

itValue Consulting helps leaders of Information Technology organizations achieve their goals by:

Setting Direction: The articulation of mission, vision, values and purpose. Key questions are: Where are we going? Why are we going there? What IT architecture are we aligning to? How are we getting there? How do we know we are arriving?

Building Commitment: Involves building organizational commitment to the strategy and the creation of mutual trust, inclusion, and accountability. Key questions are: Why should we make the changes required by the strategy? How can we stay together? How can we work better as a group? What can improve cooperation?

Creating Alignment: It is all about finding common ground and creating a governance that ensures all critical decisions advance and sustain the strategy. Key questions are: How do we make sure IT resources are maximized to achieve our direction? What are the most critical decisions? How do we clarify decision making to improve it is as effective and efficient as possible? How do we better partner with our customers, vendors, and service providers?

Consulting Services:

Conduct high level assessment of IT strategy

Conduct high level assessment of IT governance based on CobiT standards

Facilitate the development of a clear and compelling IT strategy

Build commitment among diverse stakeholders to the IT strategy and each other

Improve IT governance and risk management processes including (not limited):

Large IT Program Governance, OCM, and Program Management Office (PMO)

IT Portfolio Management and Resource Capacity Management

Management of IT Resources

IT Performance Measurement and Balance Scorecard

IT Governance for Shared Services (SOA)

IT Risk Management

Training and Speaking topics:

Achieving superb leadership, one decision at a time

Leading and managing virtual, global, diverse, and multi-cultural teams

Compliance, value creation, and governance: from the "three amigos" to the "three musketeers"

Implementing IT governance using CobiT

Executive Coaching

itValue Consulting unleashes our clients’ leadership potential through executive coaching. Among many skills, we help them lead on purpose, accomplish goals, make sound decisions, exploit strengths, and manage organizational change. The coaching sessions may focus on how to apply the improved leadership behaviors to IT strategy, governance, and risk management.

Our differentiators:

Finding Common Ground. Experience bringing together people and organizations with varied perspectives, agendas, cultures, and diversity dimensions to achieve a common vision.

 

Accelerating Insight. Ability to quickly create the collaborative and creative environment that leads to profound insight.

 

Leading Virtual and Global Teams. Experience with practices, techniques, and tools for team members who collaborate on projects or on-going services from geographically diverse locations.

 

Sustaining Real Change. Expertise in creating real transformation by building the necessary people commitment and organizational readiness that enables change to stick.

 

Information Technology Expertise. Experience to not only help IT organizations and services providers, but also to leverage the technology that makes world wide collaboration possible.