The Challenge
Investors have acknowledged their awareness of the importance of governance. A 2000 McKinsey Report documents that investors have demonstrated a willingness to pay a premium of up to twenty percent on shares of enterprises known to have a governance framework in place. Information and its supporting technology that is essential for enterprise survival and growth have become an integral part of the governance responsibilities.
Compliance to government and industry regulations,
along with increasingly demanding service management requirements, are also driving the need for stronger IT governance. These mounting demands can lead to higher costs, which, in turn, result in a need for greater control. Organizations must find a way to gain control of their IT service management capabilities, while aligning them with the needs of the business.
ISOSYSTEM Corporate and IT Governance Suite provides a governance framework to enable effective decision making and behavioral changes. It supports best-practice frameworks such as COSO, COBIT, ISO/IEC 20000, ITIL and PMBOK. And, it provides viable and effective implementation of both corporate and IT governance in your organization.
ISOSYSTEM Corporate and IT Governance Suite allows organizational alignment at strategic, tactical, and operational levels. At the same time, it automates and manages the most essential processes related to a variety of activities, including setting strategic goals, key performance indicators, risk management, process management, project management, service management, applying metrics and controls, audits, and corrective actions.
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