Are you ready to transition the manner in which IT delivers business value? COBIT 5 explained at the itSMF USA Chicago January 5 meeting

Change is hitting us from all directions – from Cloud computing, the virtualization of everything, iPads, iPods, Android devices, cyber attacks and cyber-security threats. Technology advances and challenges that often come with them are not the only changes on the horizon. The new “digital natives” generation is hitting the workforce and is joined by increasing compliance requirements and what about the exponentially growing demand for automation!

Life in our tech profession is becoming increasingly complex, as will the role of governance. Our businesses are demanding innovation, agility, and rapid delivery at reduced cost, and also chastise us if we dare talk in TLA’s or FLA’s (three and four letter acronyms). It’s not enough to just align with the business, we must FUSE with it. A critical component of that fusion is governance.

The Control Objectives for Information and Related Technology (COBIT) is a set of best practices (framework) for IT management, created in 1996 by the Information Systems Audit and Control Association (now know as simply ISACA) and the IT Governance Institute (ITGI). ISACA is close to completion of the COBIT 5 framework to help ensure that IT effectively delivers IT-enabled business value.

COBIT 5 leverages proven ISACA IP including COBIT, Val IT and Risk IT for a detailed framework for the effective governance and management of IT enabled business. While COBIT ensures that IT is working as effectively as possible to maximize the benefits of technology investment, Val IT helps enterprises make better decisions about where to invest, ensuring that the investment is consistent with the business strategy. And while COBIT provides a set of controls to mitigate IT risk in IT processes, Risk IT provides a framework for enterprises to identify, govern and manage IT-related risks.

Next Thursday, January 5, between 2 and 4:30 p.m. CT, I will lead a discussion on the updates to COBIT and how using COBIT 5 can help ensure value is delivered from your IT initiatives.

The event is being held at the Motorola offices, 1301 E. Algonquin Road, Schaumburg, IL 60196 with registration starting at 1:30pm. Attendance is free, although pre-registration is required. Register via the itSMF-USA web site.

More information is available on the itSMF Chicago Local Interest Group site – http://chi.itsmfusa.org/.

This blog also appears on CA Technologies Service Management blog.

Article source: CA PPM Blog

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