Source: COBIT 5: Enabling Information, figure ENABLING INFORMATION. What is data? What is information? Common Questions. Why is information. Non-members Join today to get your free PDF copy. COBIT 5: Enabling Information is a reference guide that provides a structured way of thinking about. COBIT 5: Enabling Information is available as a complimentary PDF for members and for download for non-members (nvensigtitape.tk). Also available for.
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ISACA has designed and created COBIT® 5: Enabling Information (the 'Work') primarily as . COBIT 5: Enabling Information in the COBIT 5 Product Family. ISACA has designed and created COBIT® 5: Enabling Information (the 'Work') primarily as an educational resource for governance of enterprise IT (GEIT). requirements related to enterprise use of information and technology are increasing, threatening value if breached. COBIT 5 provides a comprehensive.
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Let us start by discussing the first step of goals cascade. Changing business environment: It may include merger, acquisition or disbanding of business units and new CEO or revamp of the top management. Changing regulatory environment: It may be due to the introduction or revocation of the norms or regulations and adherence or compliance to the mandatory requirements prescribed by governments or financial institutions. New technologies: It may involve the implementation of new technologies as a stakeholder need, such as the advent of new technologies that influence the consumers, improve the quality of lifestyle and create a need in the consumers.
The next category is based on their relationship to the three main governance objectives, namely, benefits realization, risk optimization, and resource optimization. Following is the categorization of enterprise goals based on relationships to the three main governance objectives: P stands for primary business relationship and indicates that the enterprise goal has a strong relationship to the indicated governance objective.
S stands for secondary business relationship and indicates that the enterprise goal has less of an impact on the indicated governance objective. A blank does not mean there is no relationship between a particular enterprise goal and the three governance objectives. It means that if there is a relationship, it is insignificant.
Now let us look into the Balanced Scorecard table. The Balanced Scorecard table shown below depicts the categorization of the enterprise goals into the Balanced Scorecard dimensions. The four Balanced Scorecard dimensions along with their respective goals and type of relationship to the three main governance objectives are mentioned in the table. Let us understand this concept with the help of two examples. This is because if the enterprise realizes good benefits for its stakeholders, it will lead to increase in the growth of customer base of the enterprise.
This will lead to better profits and build investor confidence in the enterprise, thereby having a direct impact on the stakeholder value of business investments. This is because if the enterprise is able to provide uninterrupted service continuity and availability of its services to the stakeholders, this will lead to customer confidence, trust, and faith in the enterprise services. It will result in building reputation, increased brand awareness, and more customers will ask for this kind of efficient and reliable service.
Let us understand more about the relationship between the 17 IT-Related goals and the enterprise goals.