Analyzing Stakeholder Roles and Responsibilities in IT Governance

This report examines the crucial roles and responsibilities of stakeholders within an IT governance program. It highlights the significance of the board of directors in overseeing business operations and approving IT governance plans. The report also addresses the role of executive management in resource allocation and strategy development. Furthermore, it emphasizes the importance of the security steering committee in managing security initiatives and infrastructure, as well as the critical role of the Chief Information Security Officer (CISO) in addressing challenges and aligning with industry standards. The report underscores the need for effective stakeholder collaboration to ensure the success of IT governance initiatives.

Running head: STAKEHOLDER RESPONSIBILITY
Stakeholder responsibility

1STAKEHOLDER RESPONSIBILITY
Roles and responsibilities
Board of Directors
The role of the board of directors is very much significant regarding the enactment of
an IT governance program. The board of directors has to ensure all the business operations of
the organization has to be done as per the schedule. Determining the scope of the IT
governance program also falls under the responsibility of the boards of directors as well.
Approval of the IT governance plan is also given by the board of directors of a business.
Executive Management
Maintaining and managing the overall business is the biggest responsibility of the
executive team is the prime expectation from the executive team of the business. All the
resources which will play a significant role in the IT governance program have to be selected
by the executive management of the business (Selig, 2018). The policies and the strategies of
enacting the IT governance plan are also approved by the executive team as well.
Security Steering Committee
Role and responsibility of the security steering committee is very much essential
regarding the enactment and sustaining of an IT governance program. Most of the corporate
security initiatives are managed by this committee. This committee is also very much
responsible for managing the entire infrastructure of the business before and after the
program is conducted. Managing the security risks of IT governance programs is also one of
the key roles of this committee.
Chief Information Security Officer (CISO)

2STAKEHOLDER RESPONSIBILITY
Being one of the most powerful senior-level executive, the role of a CISO is also very
much important regarding the sustainment of a robust IT governance program (Khouja et al.,
2018). While enacting the IT governance plan there are lots of challenges which has to be
faced by the stakeholders of the business such as aligning with the existing industry standards
and incorporating big data, addressing these challenges is the most important role of a CISO
of the business.

3STAKEHOLDER RESPONSIBILITY
References
Khouja, M., Rodriguez, I. B., Halima, Y. B., & Moalla, S. (2018). IT Governance in Higher
education Institutions: A systematic Literature review. International Journal of
Human Capital and Information Technology Professionals (IJHCITP), 9(2), 52-67.
Selig, G. J. (2018, August). It Governance—An Integrated Framework and Roadmap: How to
Plan, Deploy and Sustain for Competitive Advantage. In 2018 Portland International
Conference on Management of Engineering and Technology (PICMET) (pp. 1-15).
IEEE.