It Governance
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The use of IT Governance with the help of frameworks such as ITIL, SOX, COBIT and with the guideline of King III report.
The research is on Benefits and Challenges of aligning Information Technology Processes to Business Requirements in terms of the King III report. How do we then quantify King III? What is referred to as King III really comprises the King Report on Governance for South Africa 2009 (“the Report”), the King Code of Governance Principles for South Africa 2009 (“the Code”) and Practice Notes to King III issued by the Institute of Directors which provide guidance in regard to the implementation of the Code. The Code deals with a number of governance elements, each of which is broken down into different principles which must be applied. In applying these principles there are best practice recommendations in the Code, which are amplified in the Report.
With the increasing dependence on IT in modern enterprises and the significant risks associated with omnipresent IT systems in business, IT governance is becoming imperative to all organisations. King III is based on the “apply or explain” approach, that forces South African entities for the first time to apply the IT governance principles as contained in the report, or explain the reasons for not applying these principles. This paper provides a macro-level view of IT governance, derived from King III, and determined that it correlates strongly with the growing body of knowledge on IT governance. The paper investigates the responsibilities for IT governance within organisations and provides clear guidelines on the responsibilities of management roles, from the board to the operational level, involved in IT governance to ensure accountability.