Not-for-profit Risk Management – Part III
Posted by: Robert Davis
To adequately govern not-for-profit IT, risk management must be addressed at multiple levels; including entity, project, and service layers.
To adequately govern not-for-profit IT, risk management must be addressed at multiple levels; including entity, project, and service layers.
By definition, strategy is the skill in managing or planning an approach to achieving an end. It is crucial to accomplishing an entity’s long range plans. Strategy is concerned with controlling the entity’s destiny and achieving stated goals; while planning is a formalized procedure to produce...
Crucial to achieving appropriate not-for-profit performance and conformance equilibrium is consideration of the entity’s strategic mission as well as risk management system. To empower...
Inasmuch as the cost of maintaining effective and efficient IT and the ability of IT to create strategic advantage when appropriately developed and deployed; having a sound entity IT architecture is vital to effective and efficient not-for-profit...
There are many components that are required to integrate and deploy effective and efficient IT service delivery. To reduce the possibility of misalignment, management must ensure that there is a clear understanding that value is derived from IT only when IT-enabled investments are managed as a...
Commonly, value delivery requires appropriate controls. In order to provide enduring IT value delivery controls normally necessitates adopting appropriate objectives. Most control experts...
Key management practices ensure effective and efficient value delivery. Effective IT value delivery practices recognize there are different categories of investments that must be evaluated and managed...
Almost every type of not-for-profit entity today requires some level of IT enablement. Applying this generally accepted principal, the vendor community and at times IT leadership tend to overstate the value and...
Considering IT value attributes, delivery is a simple concept. Either the particular product or service is transferred to the designated recipient or it is not. However, influencing IT delivery is the ‘IT transfer agent’. When...
Reflective of ISACA’s Val IT framework; value is complex, contextual, and dynamic. Influencing value is individual perception. In regard to entity...
