B/I Alignment and IT Governance
To achieve B/I Alignment, organizations must make better decisions that take into account both business and IT disciplines. Establishing processes for decision-making and control is essentially what is meant by the term "governance"; so B/I alignment is closely related to Information technology governance.
A commonly cited definition by IT Governance Institute is :
IT governance is the responsibility of the board of directors and executive management. It is an integral part of enterprise governance and consists of the leadership and organisational structures and processes that ensure that the organisation’s IT sustains and extends the organization’s strategies and objectives.
Also related to the effort for better decision-making, and therefore often part of B/I Alignment - is the area of IT portfolio management, which has to do with decisions about which IT projects are funded and which are not.
Read more about this topic: Business/IT Alignment
Famous quotes containing the word governance:
“He yaf me al the bridel in myn hand,
To han the governance of hous and land,
And of his tonge and his hand also;”
—Geoffrey Chaucer (1340?–1400)