A business risk approach to IT governance

The last 50 years have witnessed a dramatic evolution in the strategic importance of information technology to business initiatives.

Corporations first began utilising IT in the 1960s with the adoption of monolithic mainframes to conduct back-office data processing functions. In the ensuing 40 years, IT has migrated from being a pure cost-centre into a central function to the successful execution of corporate strategic objectives. Today, IT operationalises the majority of every business function within an organisation. Leading companies across all industries have all used IT to help advance corporate objectives such as branding, financial efficiency and customer service.

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