lack of IT governance

Don't have IT Governance? See what your company is missing out on!

Established to make the IT sector more strategic and proactive, IT Governance allows for the combination of activities that are part of this sector and their development based on the company's needs and objectives. Due to the advancement of digital transformation, Information Technology is one of the most important and promising sectors today. For this reason, a lack of IT governance can bring many problems to a business.

Considering the strategic importance of this area, we can say that the IT sector is essential for the proper functioning of the business. For this reason, it is very important that companies keep up with market changes, bringing more organization to IT and expanding its potential based on technology.

Present in the company's daily routine, IT Governance plays a fundamental role. Understand better the role of IT Governance within a company through the video below:

What is IT governance?

IT Governance allows the company's organizational actions to be guided and controlled based on a set of skills, competencies, and guidelines.

In this way, managers can establish a smarter and more assertive decision-making process, and bring even more security to the information stored and handled by the business.

This means that, in practice, IT Governance can establish paradigms for how IT functions within an organization . With it, it's possible to analyze whether all policies, rules, and standards are being followed as established, and whether they are balanced with the company's mission, vision, and values.

What is the role of IT governance? 

In simplified terms, the goal of IT governance is: 

  • To provide support for a more informed decision-making process
  • To provide greater security for stored data and information;
  • To use available resources in a more optimized way;
  • To ensure active control of the company's internal processes .
  • And much more.

Thus, we can see that IT Governance is directly related to corporate governance. Within a company, a lack of IT governance is detrimental, since managers will not be able to base the development of business strategies on sound principles. IT Governance assists in defining the company's goals and objectives, being one of the main points in strategic business planning.

What can she do for your company? 

We all know that technology plays a fundamental role in the progress of business, regardless of the segment or sector of activity. However, technology also represents a great risk, especially in light of the recurring cyberattacks that we can observe.

In this sense, IT governance is a fundamental resource for intelligently managing sector risks and providing even greater information security. As a control mechanism, IT governance helps protect information, reduce operating costs, and support strategic business planning.

Far more than just controlling the proper functioning of equipment, IT Governance demands a clear and visionary outlook that allows the company to identify growth opportunities based on realistic data and achievable goals.

Advantages of its implementation 

Regarding implementation, IT Governance can guarantee several benefits, such as:

Cost reduction 

Since IT governance brings smarter control to processes, it also allows managers to identify priority demands and focus on best practices. In this way, the company can guarantee the expected results with accuracy and intelligence.

Cost reduction allows the company to generate better results and reduce expenses previously dedicated to rework. This frees up more time for more important activities and allows resources to be allocated more intelligently.

Enhanced information security 

This is one of the most relevant benefits when it comes to IT governance. With the recent approval of the General Data Protection Law – LGPD, we can see that data security is a very important issue, being debated around the world.

One of the main problems with a lack of IT governance is that without it, it's impossible to provide the technological structures and tools necessary to prevent data leaks. This strategy is essential for businesses that want to increase the security of their data.

Risk management 

Following the reasoning of information security mentioned earlier, IT Governance helps to anticipate risks and problems in order to ensure greater predictability, bringing more peace of mind to processes and also to managers.

Increased productivity 

By allocating resources more intelligently, IT governance also helps increase business productivity , putting into practice all the benefits that technology provides and optimizing inadequate processes.

Innovation 

With the advancement of digital transformation, we can observe that innovation is the key word. Based on technological resources, companies can bring even more innovation to all sectors and carry out their activities more intelligently.

In today's market, it's virtually impossible to escape digital transformation, and this doesn't just mean buying more technological devices. It requires a complete transformation of the company's organizational culture to understand the significant role technology plays in our daily lives.

How to ensure good IT governance 

Good IT governance takes time and effort. However, it can offer extremely important benefits for those seeking greater growth and data security. Check out some implementation tips that can help your business:

1. Rely on technology for help

Currently, there are several solutions on the market that allow managers to have more complete control over various aspects. One example is the correct use of the internet within the company. Although it is an essential resource, the internet also has several pitfalls that can compromise the company's security. Lumiun Box is a complete tool that can help your company achieve a higher quality standard.

2. Maintain constant communication between departments

Although IT Governance is implemented in this sector, it is very important to have a communication channel with all other sectors that use technology in their daily routine.

3- Integration

The more integrated your team is, the greater the alignment of goals and the better the results obtained from implementation.

4. Set medium- and long-term goals

In order for procedures to be updated in a way that delivers the greatest value to the business, medium- and long-term goals must be established. This allows the company to identify opportunities and trends that can add value to the business.

5. Use metrics

To determine if the implementation is delivering the expected results, it is crucial for the manager to use realistic metrics regarding the status of each sector. This allows them to correct problems more efficiently and optimize daily operations within the business.

6. Consider local regulations and compliance rules

It is essential to know which rules affect your company and what needs to be changed to ensure full compliance.

Lack of IT governance is a major problem!

As we have seen, a lack of IT Governance is very detrimental. This is a highly valuable strategy that can bring many advantages to your business. In addition to contributing to more efficient management, it also helps to increase the security of data stored and used within the company.

Lumiun Lumiun Box is one of the most important tools for companies seeking to implement complete and efficient IT Governance. Allowing managers to control internet access with greater precision and full customization, this tool can be a powerful ally for your IT department, bringing more productivity and security.

On our website you can find various materials on the subject, which can help you understand more precisely how a lack of IT Governance can harm the management of your business. Click here and learn more about this strategy!

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