DESCRIPTION
By ISACA request I would like to indicate that this article and supporting material does not contain content from COBIT 5 but an indication on how to leverage the framework to stakeholder expectations.
It is critical to build governance in to the execution of the Business and subsequently the IT Strategy. The objective of COBIT 5 is to help IT leaders provide a business view of the IT departments ability to create value and support enterprise goals through effective IT processes and build process capability and was developed by ISAACA to: – Develop process improvement, – Deliver value to the business, – Measure the achievement of current or projected business goals, – Benchmark and deliver consistent reporting, – Ensure organisational compliance.
Yet most COBIT 5 practitioners find it difficult to to demonstrate the business value of a COBIT 5 investment and more compliance in a setting where most Business Executives would claim an increased focus on the needs of the business.
The objective of this presentation is to provide a number of techniques and tools to understand how to meet stakeholder expectations where COBIT 5 can the be used to demonstrate how well this is done. A demonstration that would cover both the "IT Business Model" that is how well do we provide IT services as well as the "Business (IT) Value Proposition" that is how well do we support the needs of the business.
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Source: Best Practices in COBIT PDF: COBIT 5 Unlocked PDF (PDF) Document, Martin Palmgren
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