ITM 102 Lecture Notes - Chief Information Officer, Corporate Governance Of Information Technology, Nearshoring

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Chapter 9: the connected enterprise: business partnering and protecting. Corporate governance: means that the leadership and management of a business are directly accountable to its owners for proper operation and financial control of the organization. It governance: distribution of it decision making rights and responsibilities among enterprise stakeholders and the procedures and mechanism for making and monitoring strategic decisions regarding it. 1-how organization will set goals, objectives and priorities for it. 2-how it will integrate it with business strategies and goals. 3- which organizational members will make decisions and be responsible. It govern reduces or eliminates costs throughout its value chain. By developing it strategies, businesses are able to not only reduce costs but also do these things faster, smarter, better, more efficient. (global reach through it). Outsourcing of a process to another location or vendor that can perform the process more efficiently and effectively is called business process outsourcing (bpo).

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