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King III Implementation Manager (KIM) |
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The IT Governance Network has released KIM, the first fully integrated King III implementation management solution. Peter Hill, managing director of the IT Governance Network, says that the many requirements of King Code of Governance for South Africa make it difficult for an organisation to keep track of progress towards full adoption of the King III code.
KIM is used to improve performance (through the implementation of structures, processes and mechanisms for better IT governance across multiple business units), risk management, internal control, compliance and audit providing a single, holistic approach to King III.
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Last Updated on Friday, 01 January 2010 15:13 |
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IT Governance is boosted by King III |
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The King Committee on Corporate Governance has addressed the issue of corporate governance for information technology for the first time devoting an entire chapter to the subject and keeping IT governance separate from risk management and compliance.
IT governance is defined in the glossary to the King III Code of Governance as “the effective and efficient management of IT resources to facilitate the achievement of corporate objectives”. IT governance is the responsibility of the board and an integral part of corporate governance. The focus is on the governance of management processes (and decisions) relating to the information and communication services used by an organisation.
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Last Updated on Thursday, 28 January 2010 18:15 |
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IT governance is senior management's ability to direct, measure and evaluate the use of an enterprise's IT resources in support of the achievement of the organisation's strategic goals. Leadership, organisational structure and processes are used to leverage IT resources to produce the information required and drive the alignment, delivery of value, management of risk, optimised use of resources, sustainability and the management of performance.
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Last Updated on Tuesday, 21 July 2009 10:36 |
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