It’s one thing to get excited about new releases of Windows, iPhones or even HTML. It’s another to get jacked and pumped about IT governance frameworks. But in the case of COBIT 5.0, you should.
The latest version of the “Control Objectives for Information and Related Technology” specifications brings important business objectives together with what has been an IT-specific set of objectives. This is important because we have found out that IT and the business cannot function in their own silos.
In the new framework the ISACA security organization has integrated COBIT 4.1 with ISACA’s Val IT and Risk IT frameworks, the Information Technology Infrastructure Library (ITIL), and other standards. In short, says Brian Barnier, principal analyst and advisor at ValueBridge Advisors LLC, COBIT 5.0 is about “increased focus on business — as opposed to control — objectives.”
Another intangible benefit of COBIT 5.0 is that IT managers can finally have more control over how IT and the business function together. At a time when CEOs are demanding more business acumen from CIOs, COBIT gives IT executives more business levers to push than ever before.