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Creating Value

By Peter T. Davis, CISA, CISM, CGEIT, COBIT Foundation, COBIT Implementation, COBIT Assessor, COBIT INCS, CISSP, CPA, CMA, CMC, ITIL FC, ISO 9001 FC, ISO 20000 FC/LI/LA, ISO 27001 LI/LA, ISO 27005 Lead Risk Manager, ISO 28000 FC, ISO 31000 Lead Risk Manager, ISTQB CTFL, Lean IT FC, Open FAIR FC, PMI-RMP, PMP, PRINCE2 FC, SFC, SSGB, RESILIA FC

COBIT Focus | 18 July 2016

In COBIT 5, we are taught that enterprises exist to create value for their stakeholders. A truism if ever there was one. Consequently, every enterprise will have value creation as an objective. The COBIT 5 framework helps enterprises create optimal value from IT by maintaining a balance between realizing benefits and optimizing risk levels and resource use. So the value is defined by the benefits to the stakeholders. Many organizations and individuals confuse value with price. When someone buys your product or service, they do so because the product or service has certain value to them. The customer will determine when the price is right or not. But how does the customer get value? Read More >>

Transforming Risk Culture Through Organizational Culture Leveraging COBIT 5 for Risk

By Ganapathy Kannan and Vinoth Sivasubramanian

COBIT Focus | 5 July 2016

The point has been made again and again and, as per the Forcepoint 2016 Global Threat Report, humans are still the weakest link in security. It is, therefore, essential that information security professionals acknowledge and address this problem. Read More >>

Improving Business With COBIT 5

By Sushil Chatterji, CGEIT, CEA, CMC

COBIT Focus | 20 June 2016

 
 

Benefits realization of IT-enabled investments is a strategic imperative. In a 2008 study on benefits realization, researchers found that in the majority of enterprises surveyed (57%), less than half of the change initiatives undertaken delivered the expected business benefits. Read More >>

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