Description of IT governance

This case study was described from 2003 to 2005 as there was a heavy discussion on this aspect. In the organization, the IT governance was only discussed in this case and that organization only deals efficiently in these terms. Several functional departments have been shared by the company and working on them in a very intellectual and manageable way. With a headcount of 650, they have earned a profit of $75 which is a good figure the overall working of the bank is in a good amount as they were good financially and hence they are going to manage the aspects of them this non-profit organization was ready to work in the best way in which profitable organizations were working.

Background of IT governance

By Jos and Maurice Van Breda in 1930 Bank J. Van Breda & C in Belgium was founded. With bank and insurance activities they use to deal in with but initially, they only use to deal with financial services groups with banks. The original name of the company was taken in the start but later as they have different aspects then they are going to have different names for their different business. Another thing is that they are going to operate in two types of companies more: Vanbreda Risk & Benefits and Vanbreda International. In the above mention business division, it uses to deal in with another IT company that provide IT services named as Informatica J. Van Breda & C.

Techniques Approach Style Method of IT governance

Vanbreda Risk & Benefit deals with the brokerage of insurance and it deals with the consultancy and risk management as well as different industries. To the claims administration and international group of health, its 2^nd company Vanbreda International deals in. The most efficient funding system that deals in the best way to manage the tasks most efficiently and most appropriately is to deal with the social issues that allow the working efficiently with the organization and with the clients and concentrations on medical and dental coverage, and many so forth things included long term care and pension plans as well. The IT Governance context is an important thing to be discussed in this aspect as many of the other organizations are also dealing in this aspect but Vanbreda is working exceptional in this regard.

Governing the organization of IT governance

The relation between strategic and operational aspects is discussed in its structure and it shows a parallel in its workings. These both fields are different and they show a different aspect in this regard for sure. Failure of projects can happen if the management of the bank will not work appropriately and hence this will be able to manage the aspects more differently. Within the banking system and in other fields of Vanbreda bank the overall system use to say that the IT governor Context and the other developmental group workings are highly advance and effective to work on with.

Critique and Analysis of IT governance

Analyzing the overall context, it can be said that the financial services from the bank and the expectations from the other departments of the bank is good as there are a lot of things to be done by the Vanbreda bank were very great and are according to the needs of that time. The working is best in other departments like risk assessment, management and all the methods used by the organization were going to manage efficiently. The banking overall system is great and at that time during the 2003-2005 period, these services were exceptional and outstanding for sure (Haes, 2005). 

COBIT 4.0 as its governance framework

Description of IT governance

IT governance assures about the organizations; IT sustain strategies and allows the organization’s strategies and objectives to be fulfilled efficiently and effectively. The main responsibility included in IT governance is the leadership, organizational structure and processes assure along with executives and board of director’s workings as well. IT supports businesses to attain many of their objectives and IT governance assures that whether those IT systems are working properly and whether they are providing support to those objectives or not. It enables the organization to taker care about the enterprise aspect and to take advantage of the complete information thereby which maximizes the benefit and maintains the gaining competitive advantage in the organization.

Background of IT governance

The organization was established to meet up some requirements including the betterment of the organization with the help of making a framework that highlights the outcomes more efficiently and more productively as well.

Techniques Approach Style Method of IT governance

There has been set a framework of the outcome by IT governance so that they can get full support from the strategies that ensure the overall consistent approach in the enterprise. The stakeholder needs, the organization needs and the reasons that IT system needed can manage the things more efficiently and more appropriately for sure. The real success is that top management will realize that your organization is having a significant impact on enterprise success. A control framework is important to make while having the exploitation of IT field in the organization:

·         It evaluates the performance advance and proper

·         It helps the model to be created by having several activities in the organization

·         The leverage that needs to be resourced are going to be identified by this framework

There are many of the objectives that need to be obtained by the management so to get the ideal control over management this framework is the most important to consider.

Governing the organization

This framework provides the best possible outcomes in terms of achieving the goals accurately and efficiently as per the rules or the different ordinances this framework is idealized and hence it is observed that the framework was an excellent approach to get in any organization as it makes the working smoother and easy and allows the stakeholders to evaluate the overall workings of the organization more advance and more developed. The results are going to manage in terms of getting the best outcome of the achievement of objectives in the organization regarding its outcomes for sure.

Critique and Analysis of IT governance

It is observed that this article is based on IT governance in any organization that makes things more developed in the organization. Several things need to be managed wisely and if you are following a pattern or framework then your workings would be very much effective and groomed as well. Several other things are also noticed including stakeholder's associations with the workings and allowing them to get themselves involve in the organization's matters to take an idea that how the working is going on in the organization. This is analyzed that all the objectives of the organizations are going to manage the after-effects of the workings and hence they are going to get an ideal location in a way that deals with this that the day they are going to get the ideal impact the best thing would be the betterment of the organization as they are going to get an efficient look towards the outcomes from the framework allowing to be free and worthy for the organization. (Assiri, 2005)

 References of IT governance

Assiri, D. F. (2005). COBIT 4.0 AS IT GOVERNANCE FRAMEWORK. 1-52.

Haes, V. G. (2005). Case Study Vanbreda Bank. 163-180.