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Develop Sustainable Business Practices with COBIT 5

Graciela Braga, CGEIT, COBIT 5 Foundation, CPA
| Published: 5/26/2015 3:10 PM | Permalink | Email this Post | Comments (2)

Stakeholders expect that businesses create value, but at what cost? In the end, stakeholders and businesses are looking for the same thing:  to protect their future. Information technology plays an important role. It can be a solution or part of the problem depending on how it is governed and managed.

COBIT 5 can be used to help enterprises create value for their stakeholders, including sustainable development in their goals and in the governance and management of IT (GEIT):

  • Alignment of IT and business strategy to achieving sustainable development—This is important in order to set and maintain a governance framework that considers sustainability as a core principle.
  • IT compliance and support for business compliance with external laws/regulations and with internal policies—Enterprises should comply with human rights; environmental and social responsibility; natural resource management; information security management; and health, safety and labor regulations. Enterprise policies have to recognize these regulations and strongly avoid exceptions while stipulating the consequences. It is important that educational, awareness and training activities include sustainability compliance issues. This will increase the confidence of stakeholders in the enterprise.
  • Manage IT-related business risk and delivery of IT services in line with business requirements—Sustainability requires identifying risk factors that could limit the possibility of future generations to satisfy their needs and put in place countermeasures to prevent negative impacts. It also requires satisfying business requirements. Important subjects to evaluate are external laws and regulations, best practices and international standards, internal policies, and IT and business performance goals.
  • IT agility—Respond in a timely and efficient manner to a changing business environment
  • Competent and motivated personnel—If personnel understand their responsibility regarding sustainability and respect future generations’ rights in the current decision-making or performance process, there will be a greater chance of reaching sustainability objectives.
  • Knowledge, expertise and initiatives for business innovation—Innovation allows for sustainability. Knowledge, expertise and new initiatives focused on sustainability aspects are critical to being sufficiently innovative in order to discover new and more efficient methods to protect the environment, business and IT personnel.
Sustainability is a stakeholder need and a business requirement. But more than anything, it is a human responsibility. Read my recent Journal article and share how COBIT 5 assists enterprises in achieving this goal.
 
Read Graciela Braga’s ISACA Journal article:
Time for Sustainable Business Is Now: Leveraging COBIT 5 in Sustainable Businesses,” ISACA Journal, volume 3, 2015.

Comments

Planning for Federal Sustainability in the Next Decade

The document provides Federal Executive departments and agencies (agencies) with clarifying instructions regarding implementation of E.O. 13693, Planning for Federal Sustainability in the Next Decade
The main issues are Governance, Oversight and Organization and Sustainability Goals for Agencies
https://www.whitehouse.gov/sites/default/files/docs/eo_13693_implementing_instructions_june_10_2015.pdf
Graciela Braga at 6/15/2015 10:09 AM

Sustainability, SCR and COBIT 5 IT Governance Processes

I want to share with you my recent COBIT Focus article

 http://www.isaca.org/COBIT/focus/Pages/addressing-sustainability-and-social-responsibility-in-cobit-5-it-governance-processes.aspx

 Do you have any thoughts   about COBIT 5 and Sustainability and CSR? Share with us please!

Thank you and ISACA to give me this opportunity

 Best,

Graciela

 
Graciela Braga at 10/28/2015 7:28 AM
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