At the highest
level, governance is about establishing sound management
structures, policies and procedures; these spell out the
rules and processes for making decisions on corporate
affairs. By doing this, it also provides the structure
through which the company objectives are set, and the
means of attaining those objectives and monitoring
could cover the design and implementation
of the governance structure, roles and responsibilities; quality assurance,
risk management and change management policies and processes;
stakeholder engagement mechanisms; and measurements to assess the effectiveness
of the governance processes.
Driving a need for better IT governance practices is the pressure to
comply with more legislative and regulatory frameworks,
whether that be CLERP 9 (a set of financial reporting
reforms that oversee auditors and corporations'
reporting processes) in Australia, or the Sarbanes-Oxley
Act for Australian companies doing business in the US.
CEOs, Board members, directors, officers, staff,
accountants, auditors all have roles to play in this.
legislation may be driving an implementation of higher
governance standards, many benefits flow from that
adoption due to improved business management.
your organisation confront these changes and assists in
developing a solid understanding of proper controls,
providing ongoing risk assessment practices within
management and bring business and IT strategy and
processes into full alignment.
NeoNexus can assist with tools and
advice for structuring and improving your decision
making mechanisms. We take a process driven approach, as
process is the most enduring of the three primary
components of a management system (these being People,
Process and Technology.)
By capturing and documenting
business processes NeoNexus helps ensure a stable,
controlled, repeatable environment that can be
objectively measured against deliverables and service
Standardised processes enable:
Efficient and effective
service to meet business requirements
Cost and quality improvement.
NeoNexus uses techniques like:
We are guided in our
approach by Australian Standard 8015-2005: Corporate
Governance of Information and Communication Technology.
This standard provides guiding
principles for directors on the effective, efficient, and acceptable use of
Information Technology within their organisation.