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IT Governance Doesn't Have to Cost an Arm and a Leg
Michael R. Wood is a Business Process Improvement & IT Strategist Independent Consultant. He is creator of the business process-improvement methodology called HELIX and founder of The Natural Intelligence Group, a strategy, process improvement and technology consulting company. He is also a CPA, has served as an Adjunct Professor in Pepperdine's Management MBA program, an Associate Professor at California Lutheran University, and on the boards of numerous professional organizations. Mr. Wood is a sought after presenter of HELIX workshops and seminars in both the U.S. and Europe.
Since 2002, IT governance has been a hot topic. Little by little, IT governance concerns have found their way into medium to small businesses. Ironically, most of the CEOs and CFOs of these organizations have at best a minimal knowledge of what IT governance is all about. Like the commercial where Jessica Simpson proclaims, “I don’t know what that is, but I know I want it,” corporate executives must believe that it is important--well, that is before they find out what it costs.
The cost of acquiring published research alone can bring the CFO of a sub-billion dollar company to his knees. For example, consider the following form IDC :
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Research
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Cost
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Defining IT Governance and Emerging Trends to Drive Business Adaptability - April 2007
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$ 4,000
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IT Governance - Managing Portfolios, Projects, Processes, and People - April 2007
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$ 1,700
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And that is just to get acquainted with the concepts and trends.
Then there is acquiring the frameworks like ITIL, COBIT and ISO17000 along with training, certification, etc. Before you…
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