Why is it important to create an internal IT governance committee that reports to the board of directors? How would you distinguish between corporate governance and IT governance in terms of the goals and issues that each addresses?
Why is it important to create an internal IT governance committee that reports to the board of directors?
Expert Answer
Corporate governance is the system that controls the formulation and functioning of an organisation and it’s system. It governs all the departments of an organisation. IT governance is formed by corporate governance in the form of a committee to look after all the information related duties such as strategy formation and information security. Corporate governance delas with whole organisation whereas IT governance deals with information only. Every organisation must have IT governance because every company needs ti’s information to be arranged in an order and is used in correct and efficient methods. It shoud also govern the type of information being used. As these factors decide the reputation of the company IT governance is very important for the company.
