Thursday, February 21, 2008

IT Governance Global Status Report—2008

In 2007, PricewaterhouseCoopers (PwC) was commissioned by the IT Governance Institute (ITGI) to conduct the third global survey on IT governance, resulting in this IT Governance Global Status Report -- 2008. The IT governance survey was conducted from July 2007 until October 2007 and focuses on specific topics such as IT risks and value delivery. The purpose of the research was to reach members of the C-suite to determine their sense of priority and actions taken relative to IT governance, as well as their need for tools and services to help ensure effective IT governance.

Key Findings of the Survey

The 13 key messages that have been identified during the analysis of the survey reflect important findings from the results of the survey:

1. Although championship for IT governance within the enterprise comes from the C-level, in daily practice IT governance is still very much a CIO/IT director issue. The few non-IT people in the sample have a much more positive view of IT than do the IT professionals themselves.

2. The importance of IT continues to increase.

3. Self-assessment regarding IT governance has increased and is quite positive.

4. Communication between IT and users is improving, but slowly.

5. There is still substantial room for improvement in alignment between IT governance and corporate governance -- as well as for IT strategy and business strategy.

6. IT-related problems persist. While security/compliance is an issue, people are the most critical problem.

7. Good IT governance practices are known and applied, but not universally.

8. Organizations know who can help them implement IT governance, but appreciation for the available expertise and delivery capability is only average.

9. Action is being taken or plans are underway to implement IT governance activities. A large increase is evident when compared to the 2006 report.

10.Organizations use the well-known frameworks and solutions.

11.COBIT awareness has exceeded 50 percent, and adoption and use remain around 30 percent.

--a. Twenty-five to 35 percent of respondents apply COBIT to the letter or are very strict.
--b. Fifty percent of respondents indicate that COBIT is ‘one of the reference sources’.
--c. In general, there is high appreciation of COBIT, as has been seen in prior reports.

12.More than half of the respondents apply or plan to apply Val IT principles, but are not familiar with the Val IT brand itself.

13.Major obstacles to adoption and use of Val IT principles include uncertainty regarding the return on investment (ROI) and lack of knowledge/expertise.


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