IT GOVERNANCE WITH RISK MANAGEMENT IMPACT ON THE GOVERNMENT SECTOR Essay

IT GOVERNANCE WITH RISK MANAGEMENT IMPACT ON THE GOVERNMENT heavens BUSINESS STRATEGY - Essay ExampleIt has the capability of influencing how the company objectives are set and achieved, how risks are be monitored and assessed and how the performances are being optimized. Applying the concept of presidential term to IT, Rego and Wilson (2012) define IT cheek as the setting up of structures, processes and comparative mechanisms around the way an organization aligns its IT strategy with its business strategy.IT is a critical element of organization and ordinarily entails the study and use of systems such as computers and telecommunication equipments for storing, sending and retrieving information (Rego & Wilson, 2012). Erkens, Hung and Matos, (2012) place the responsibility of IT governance on the board of directors and the executive way. From this perspective, IT governance is seen to be a crucial part of the enterprise direction and entails leadership and organizational stru ctures and processes that ensure that the company IT sustains and extends to the organization strategy and objectives. From this definition, IT management rebrinys a main actor within the IT governance process. However, although IT management and IT governance are closely related, the two concepts are polar since IT management is in charge of providing effective IT services, with supplying and management of IT services and products. On the other hand, IT governance focuses on the performance and service delivery aimed at achieving the demands of customers and shareholders.IT governance is surrounded with risks, which means that risk management is inevitably a component of IT governance as well as corporate governance. It follows, therefore, that the teams responsible for the governance of a governmental entity must consider IT and understand how critical the risks are to the organization and manage them fit in to their priority level. This becomes more important when it is conside red that the government sector often struggles to deal with inadequate or