If one looks in to these seven areas, one would notice that IT plays a very significant role for achieving strategic goals in all these areas of focus. Therefore, IT governance and IT strategy by themselves also need to be a major responsibility of the board.
Unfortunately while the concept of corporate governance is well appreciated for long, the IT Governance has started getting the rightful attention by banks only recently. Why and what of IT governance 6. In one way IT governance can be defined as the decision rights and accountability framework for encouraging desirable behavior in the use of IT 1.