EGIT
Corporate governance refers to the overall strategic governance of the organization. EGIT is a component of corporate governance focused specifically on IT-related decisions. EGIT is a process that involves the monitoring and control of IT activities. The purpose of EGIT is to ensure that IT activities are aligned with business objectives. It ensures that information technology provides added value to business processes and that IT risks are appropriately addressed. Such an alignment of IT and business leads to the attainment of business value.
The board of directors is primarily responsible for EGIT. The board implements governance through leadership, organizational structures, policies, and performance monitoring to ensure that business objectives are achieved.
The following diagram depicts EGIT in a nutshell:
Figure 3.1: EGIT in a nutshell
For the successful implementation of EGIT, it is essential to design and document well-structured processes...
