COBIT 5: Avoiding Common Implementation Missteps
Source: Mash Risk Television
ValueBridge Advisors
Brian Barnier, Principal
Runtime: 15:04
Key Takeaways:
- COBIT 5 helps enterprises create value from IT by maintaining a balance between realizing benefits and optimizing risk levels and resource use. The framework addresses both business and IT across an enterprise and considers the IT-related interests of internal and external stakeholders.
- New refinements:
- Improved distinction between governance and management
- Emphasis on enablers of success
- Integration of several ISACA documents into COBIT 5
- To avoid common implementation missteps:
- View COBIT from a governance and management perspective
- Focus on the business and IT value elements of the COBIT framework
- Tailor COBIT as necessary and be flexible in implementing it
- Ensure COBIT activities are linked back to the business
- Keep the business objectives of COBIT in focus
- IT leaders can proactively guide good implementation:
- Drive value by prioritizing investments, implementing programs and projects, and daily operations
- Stress the balance of risk and return
- Begin with the business
- Use the COBIT Maturity Model to spot gaps and prioritize improvements.
- For more COBIT information and resources, click here.