Technology can be a double-edged sword for business. On the one hand it can provide extraordinary advantages, and on the other it can present potential risks. A new ISACA e-book, Getting Started With GEIT: A Primer for Implementing Governance of Enterprise IT, spells out how to get greater efficiency and effectiveness out of IT assets and make sure their use is aligned with larger, enterprise-wide strategic aims.
The 52-page book details how implementing a Governance of Enterprise IT (GEIT) system can provide numerous benefits to a business, including lower costs, increased control, improved resource efficiency and effectiveness, and better strategic alignment and risk management.
The book (free to ISACA members, $15 for non-members) is aimed at professionals who are new to GEIT and those who are implementing a GEIT system.
GEIT For Lower Capital Costs, Greater Innovation
A strong GEIT system can translate into lower costs for capital, along with other benefits such as greater organizational innovation and entrepreneurship. It can also mean paying lower interest in the capital markets.
While a well-implemented GEIT system can bring major benefits, poorly implemented GEIT will fail to deliver those benefits while wasting the resources required for implementation. To address that concern Getting Started With GEIT spells out the specific steps needed for a successful implementation that meets enterprise goals and delivers value.
7 Steps to Implement GEIT
What is particularly helpful about the step-by-step approach is that practitioners can implement some quick-hit improvements and realize much of the value from GEIT without having to become a framework expert.
The guide includes the 7 steps to implement GEIT and supports them with examples of benefits to help gain senior leadership buy-in. It also presents specific objectives for executing technology projects and managing technology investments.
The 7 GEIT implementation steps include:
- Initiate the program
- Define problems and opportunities
- Define a roadmap
- Plan the program
- Execute the plan
- Realize benefits
- Review effectiveness
Every chapter includes a checklist of action items to help with the implementation of each step. An example of this comes at the end of the first chapter, which explains what GEIT is and the how-tos for creating a business case and obtaining buy-in:
“Determine which benefit(s) of GEIT are most appealing to the organization. Document why this is most appealing and what additional benefits may be realized from implementing GEIT in the enterprise.”
As a convenience, all of these action items have been gathered into a single document that is available for download below. As part of the e-book release ISACA is also offering a quick reference infographic detailing key points from each of the five chapters, which is also available below.
Getting Started With GEIT Extras
The e-book concludes with two detailed case studies on applying GEIT to two scenarios, including a manufacturing enterprise using GEIT to evaluate stakeholder requirements and determine how to best satisfy them. The other scenario has a large multinational enterprise that wants to ensure its rapid expansion and adoption of advanced IT delivers the expected value and manages significant new risk.
Finally, the book includes a section of tips for conducting effective GEIT implementation interviews for a strong starting point in the GEIT implementation work.
To download or purchase Getting Started With GEIT: A Primer for Implementing Governance of Enterprise IT e-book click here. To download the accompanying action item checklist click here. For the quick reference infographic, click here.
Peter Tessin, Technical Research Manager, ISACA
[ISACA Now Blog]