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COBIT Focus - Taking IT Governance and Management to the Next Level

A Big 4 professional services firm in the Middle East region was selected by a leading retail bank in the region to assist in finding solutions to pressing problems related to IT governance and IT management. The bank was and continues to be heavily dependent on IT infrastructure and IT application systems to deliver an efficient and effective banking experience to its customers. Such dependence is expected to grow as the bank plans to further introduce innovative products supported by technology to a very young customer base. 


Read the rest of this article here. The author will also be in this community at that time to answer questions.

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RE: COBIT Focus - Taking IT Governance and Management to the Next Level

Thank Syed for sharing this case with us. Very clear and logical steps.

May I ask you about inside and outside technology stakeholder's COBIT perceptions? What did they said about COBIT5?

Thank you again

Best, 

Graciela   

Graciela BragaEnergizer at 11/21/2016 2:44:44 PM Quote
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(1 ratings)

RE: COBIT Focus - Taking IT Governance and Management to the Next Level

Dear Graciela,

thank you for your comment. 

The stakeholders were given special awareness sessions at the start of the project to build stakeholder confidence. Stakeholders felt that the problem statement identified made sense and that COBIT5 has the answers to what they are looking for.
Syed SalmanLively at 11/24/2016 3:25:11 AM Quote
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(Unrated)

RE: COBIT Focus - Taking IT Governance and Management to the Next Level

Thank you Salman for an informative article. 

What assessment methodology can be used to identify the minimum required COBIT 5 processes that an organization needs to implement and secondly how can we implement IT BSC to quantitatively analyze performance?

Regards,
Mustafa 
Mustafa JahangirLively at 11/26/2016 9:17:37 AM Quote
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(Unrated)

Don't stop here, take IT Governance and Management to the Next Level!

Introduce a governance and management system to govern, manage and continuously improve the delivery of an efficient and effective banking experience. 

A governance and management system enables "actionable" governance and management, with real time tracking, continuously reporting and consolidation of the results in a governance and management dashboard.

Since IT infrastructure and IT application systems are the focus, there could possibly be a benefit from focusing the governance and management efforts on Service Integration and Management.

peterhillEnergizer at 11/26/2016 9:36:51 AM Quote
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(Unrated)

RE: COBIT Focus - Taking IT Governance and Management to the Next Level

@Mustafa: COBIT 5 has its own Capability Assessment based on ISO 15504. You can download the Self-assessment Guide and Toolkit from the same website (I believe it is free for members) and you can do the assessment for your organization to understand the current capabilities of your processes.
HAFIZ SHEIKH ADNAN AHMEDSocial at 11/26/2016 10:58:32 PM Quote
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(1 ratings)

RE: COBIT Focus - Taking IT Governance and Management to the Next Level

@Mustafa: The minimum COBIT processes required for an implementation will depend on the reason for implementing COBIT. If the purpose of implementing COBIT is better risk management or security management most of the processes would be included. But if the implementation is to improve cyber security then a smaller number of processes will be required.
peterhillEnergizer at 11/26/2016 11:33:55 PM Quote
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(1 ratings)

RE: COBIT Focus - Taking IT Governance and Management to the Next Level

@Mustafa, another method for determining which COBIT processes your organization might implement would be to use the Goals Cascade. You will find this in the Framework document. Start by determining which Stakeholder needs are most important for your organization, and follow the cascade to see what Business and IT Goals are part of the solution along with the corresponding COBIT processes. With prioritization along the way you can easily determine the key processes.
lewisbLively at 11/27/2016 12:36:16 PM Quote
You must sign in to rate content.
(1 ratings)

RE: COBIT Focus - Taking IT Governance and Management to the Next Level

@Mustafa, another method for determining which COBIT processes your organization might implement would be to use the Goals Cascade. You will find this in the Framework document. Start by determining which Stakeholder needs are most important for your organization, and follow the cascade to see what Business and IT Goals are part of the solution along with the corresponding COBIT processes. With prioritization along the way you can easily determine the key processes.
lewisbLively at 11/27/2016 12:36:16 PM Quote
You must sign in to rate content.
(1 ratings)

RE: COBIT Focus - Taking IT Governance and Management to the Next Level

@Mustafa: The minimum COBIT processes required for an implementation will depend on the reason for implementing COBIT. If the purpose of implementing COBIT is better risk management or security management most of the processes would be included. But if the implementation is to improve cyber security then a smaller number of processes will be required.
peterhillEnergizer at 11/26/2016 11:33:55 PM Quote
You must sign in to rate content.
(1 ratings)

RE: COBIT Focus - Taking IT Governance and Management to the Next Level

@Mustafa: COBIT 5 has its own Capability Assessment based on ISO 15504. You can download the Self-assessment Guide and Toolkit from the same website (I believe it is free for members) and you can do the assessment for your organization to understand the current capabilities of your processes.
HAFIZ SHEIKH ADNAN AHMEDSocial at 11/26/2016 10:58:32 PM Quote
You must sign in to rate content.
(1 ratings)

Don't stop here, take IT Governance and Management to the Next Level!

Introduce a governance and management system to govern, manage and continuously improve the delivery of an efficient and effective banking experience. 

A governance and management system enables "actionable" governance and management, with real time tracking, continuously reporting and consolidation of the results in a governance and management dashboard.

Since IT infrastructure and IT application systems are the focus, there could possibly be a benefit from focusing the governance and management efforts on Service Integration and Management.

peterhillEnergizer at 11/26/2016 9:36:51 AM Quote
You must sign in to rate content.
(Unrated)

RE: COBIT Focus - Taking IT Governance and Management to the Next Level

Thank you Salman for an informative article. 

What assessment methodology can be used to identify the minimum required COBIT 5 processes that an organization needs to implement and secondly how can we implement IT BSC to quantitatively analyze performance?

Regards,
Mustafa 
Mustafa JahangirLively at 11/26/2016 9:17:37 AM Quote
You must sign in to rate content.
(Unrated)

RE: COBIT Focus - Taking IT Governance and Management to the Next Level

Dear Graciela,

thank you for your comment. 

The stakeholders were given special awareness sessions at the start of the project to build stakeholder confidence. Stakeholders felt that the problem statement identified made sense and that COBIT5 has the answers to what they are looking for.
Syed SalmanLively at 11/24/2016 3:25:11 AM Quote
You must sign in to rate content.
(Unrated)

RE: COBIT Focus - Taking IT Governance and Management to the Next Level

Thank Syed for sharing this case with us. Very clear and logical steps.

May I ask you about inside and outside technology stakeholder's COBIT perceptions? What did they said about COBIT5?

Thank you again

Best, 

Graciela   

Graciela BragaEnergizer at 11/21/2016 2:44:44 PM Quote
You must sign in to rate content.
(1 ratings)

RE: COBIT Focus - Taking IT Governance and Management to the Next Level

Thank Syed for sharing this case with us. Very clear and logical steps.

May I ask you about inside and outside technology stakeholder's COBIT perceptions? What did they said about COBIT5?

Thank you again

Best, 

Graciela   

Graciela BragaEnergizer at 11/21/2016 2:44:44 PM Quote
You must sign in to rate content.
(1 ratings)

RE: COBIT Focus - Taking IT Governance and Management to the Next Level

@Mustafa: The minimum COBIT processes required for an implementation will depend on the reason for implementing COBIT. If the purpose of implementing COBIT is better risk management or security management most of the processes would be included. But if the implementation is to improve cyber security then a smaller number of processes will be required.
peterhillEnergizer at 11/26/2016 11:33:55 PM Quote
You must sign in to rate content.
(1 ratings)

RE: COBIT Focus - Taking IT Governance and Management to the Next Level

@Mustafa, another method for determining which COBIT processes your organization might implement would be to use the Goals Cascade. You will find this in the Framework document. Start by determining which Stakeholder needs are most important for your organization, and follow the cascade to see what Business and IT Goals are part of the solution along with the corresponding COBIT processes. With prioritization along the way you can easily determine the key processes.
lewisbLively at 11/27/2016 12:36:16 PM Quote
You must sign in to rate content.
(1 ratings)

RE: COBIT Focus - Taking IT Governance and Management to the Next Level

Dear Graciela,

thank you for your comment. 

The stakeholders were given special awareness sessions at the start of the project to build stakeholder confidence. Stakeholders felt that the problem statement identified made sense and that COBIT5 has the answers to what they are looking for.
Syed SalmanLively at 11/24/2016 3:25:11 AM Quote
You must sign in to rate content.
(Unrated)

RE: COBIT Focus - Taking IT Governance and Management to the Next Level

Thank you Salman for an informative article. 

What assessment methodology can be used to identify the minimum required COBIT 5 processes that an organization needs to implement and secondly how can we implement IT BSC to quantitatively analyze performance?

Regards,
Mustafa 
Mustafa JahangirLively at 11/26/2016 9:17:37 AM Quote
You must sign in to rate content.
(Unrated)

Don't stop here, take IT Governance and Management to the Next Level!

Introduce a governance and management system to govern, manage and continuously improve the delivery of an efficient and effective banking experience. 

A governance and management system enables "actionable" governance and management, with real time tracking, continuously reporting and consolidation of the results in a governance and management dashboard.

Since IT infrastructure and IT application systems are the focus, there could possibly be a benefit from focusing the governance and management efforts on Service Integration and Management.

peterhillEnergizer at 11/26/2016 9:36:51 AM Quote
You must sign in to rate content.
(Unrated)

RE: COBIT Focus - Taking IT Governance and Management to the Next Level

@Mustafa: COBIT 5 has its own Capability Assessment based on ISO 15504. You can download the Self-assessment Guide and Toolkit from the same website (I believe it is free for members) and you can do the assessment for your organization to understand the current capabilities of your processes.
HAFIZ SHEIKH ADNAN AHMEDSocial at 11/26/2016 10:58:32 PM Quote
You must sign in to rate content.
(1 ratings)

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