Rolling Meadows, IL, USA (21 April 2005)—Rapidly evolving technologies and market globalization are tearing down organizations’ traditional boundaries and extending them to include business partners, suppliers and customers. According to a new book by the IT Governance Institute (ITGI), IT is a key part of this innovation and a vital tool for extended organizations to maximize competitive advantage and minimize risks.
Governance of the Extended Enterprise: Bridging Business and IT Strategies explores the concept of an extended enterprise and demonstrates why enterprise governance and IT governance are intertwined concepts. It goes beyond the traditional discussion of the US Sarbanes-Oxley Act to discuss the importance of aligning the business environment with IT.
“Accurate, timely and secure information is an indispensable asset in the extended enterprise” said Marios Damianides, CISA, CISM, CPA, CA, international president of ITGI and partner at Ernst & Young LLC, New York. “Companies need good IT governance to ensure good corporate governance.”
Designed for executives responsible for governance, Governance of the Extended Enterprise covers:
“When good governance is not in place to address issues that reside outside the physical walls of an organization, disaster can strike and it can be extremely costly,” said the book’s author, Akira Matsuo, CISA, CPA, of PricewaterhouseCoopers in Japan. “Organizations that understand and embrace the concept of extended enterprise, and focus on processes that transcend the entity’s physical walls will see the real benefits.”
Appendices include questions for the board and senior management, a performance reference model, organizational structure revolution, a maturity model for the extended enterprise, and an IT governance maturity model.
The book is available at the ISACA Bookstore (www.isaca.org/bookstore) for US $85.
About ITGI
The IT Governance Institute® (ITGI) (www.itgi.org) was established in 1998 to advance international thinking and standards in directing and controlling an enterprise’s information technology. Effective IT governance helps ensure that IT supports business goals, optimizes business investment in IT, and appropriately manages IT-related risks and opportunities. The IT Governance Institute offers symposia, original research and case studies to assist enterprise leaders and boards of directors in their IT governance responsibilities.
Media Contacts:
Kristen Bertholomey, +1.847.590.7455, kbertholomey@itgi.org
Deborah Vohasek, +1.847.590.7466, dvohasek@itgi.org
IT Governance Institute
3701 Algonquin Road, Suite 1010
Rolling Meadows, IL 60008 USA
www.itgi.org