The New Economy demands that end costs go down which effects creative and innovative collaboration
among suppliers, consumers, constituents,
partners and competitors.
In the specific area of Information
Technology, a clearly defined structure and process for making decisions
is critical to the success of information systems. This structure is known
as the IT Governance Model.
|The IT Governance Model is an organized
and collaborative way of making decisions. These decisions include: plans, policies,
procedures, and long-term direction within an organization and among partners and
|If 24/7/365 services are a fundamental
requirement of the Information Age and if highly skilled use of Information Technology is
critical to success, then there must be a process for broad participation in shaping the
information architecture of the organization.|