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.

IT Governance

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 cooperators.
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.