Organizations that wish to successfully reach their strategic goals need an explicit understanding of governance and their approach to it. A significant impediment to this understanding is that many individuals are confused about exactly what governance is, and what constitutes good governance. In this paper, we seek to remedy some of the confusion concerning what governance is. Before starting to focus on the definition of governance and its relationship to other organizational concepts such as management and process, we briefly discuss why organizations should care about governance, and why IT governance is becoming important.
By: Sunita Chulani; Clay Williams; Mark N. Wegman; Avi Yaeli; Murray Cantor
Published in: RC24064 in 2006
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