Arden University COM7007 IS Governance Report: COBIT 5 Analysis
VerifiedAdded on 2022/09/11
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Report
AI Summary
This report delves into the realm of Information System (IS) Governance, specifically focusing on the COBIT 5 framework and its application within an organization. The report begins with an introduction to IS Governance, highlighting its importance in safeguarding information and aligning with business strategies. It then explores various IS Governance models, such as Executive Information Systems, Decision Support Systems, and Management Information Systems, ultimately selecting the Decision Support System as the most suitable for the discussed organization. The report acknowledges challenges in IS Governance, including information management, regulatory compliance, and storage management, and provides recommendations for implementing successful IS Governance models. These recommendations include clearly defining organizational missions, visions, and objectives, as well as adopting high-level strategies to achieve security goals and revisiting plans during organizational changes. Furthermore, the report discusses how existing and proposed IS Governance strategies reflect emerging business trends and values, emphasizing the improvement of information confidentiality, integrity, and availability. The conclusion reinforces the significance of IS Governance practices for every organization and highlights the benefits of COBIT 5 in prioritizing tasks and achieving organizational goals. The report also references several academic sources to support its findings and recommendations.