The following definitions were drawn from Taking Governance Forward (www.takinggovernanceforward.org)
Governance objectives are defined as value creation, management of risks and optimization of resources for achievement of enterprise goals.
An effective and efficient governance system is a system that facilitates the creation of optimal, or acceptable, “value” to the various stakeholders, using “limited” resources in an optimal, or responsible, way, at an optimal, or acceptable, level of risk to the various stakeholders.
Will the adoption of cloud computing by organizations positively or negatively impact the ability of organizations to create value by using their resources (technology, infrastructure and people) in an optimal manner? Will the drive for quicker deployment and reduced costs impact resource value?
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