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Insights

Home Archive by category "Governance"
cost of doing nothing in IT

The Real Cost of “Doing Nothing” in IT

By Litcom Team | Governance, IT Transformation | Comments are Closed | 9 April, 2026 | 0

Reading Time: 4 minutesThe Real Cost of “Doing Nothing” in IT In many organizations, the biggest technology decisions aren’t the ones being made. They’re the ones being delayed. A system upgrade gets pushed to next year. A process improvement is put on hold. A known issue is worked around—again. Nothing is broken. Nothing is urgent. Everything is stillRead more

cybersecurity board oversight

Cybersecurity Risk and Board Oversight: What Investors and Directors Should Be Asking

By Litcom Team | Governance, Security | Comments are Closed | 7 March, 2026 | 0

Reading Time: 5 minutesCybersecurity Risk and Board Oversight: What Investors and Directors Should Be Asking Cybersecurity has become one of the most significant risks facing organizations today. Yet many boards and investors still struggle with how to properly oversee it. For years, cybersecurity was treated as a technical issue handled by IT teams. Today, that perspective is changingRead more

Strengthening IT Governance for Business Success

Strengthening IT Governance for Business Success

By Litcom Team | Governance | Comments are Closed | 19 January, 2025 | 0

Reading Time: 4 minutesStrengthening IT Governance for Business Success Imagine a business navigating a complex digital landscape, relying on technology to drive operations, deliver value, and stay competitive. Without a clear plan for managing IT investments, aligning with strategic goals, and mitigating risks, the organization risks inefficiencies, overspending, and vulnerabilities. This is where IT governance becomes indispensable. ITRead more

IT governance for organizational alignment

Enhancing IT Governance for Effective Organizational Alignment and Value Creation

By Litcom Team | Governance | Comments are Closed | 14 September, 2023 | 0

Reading Time: 4 minutesIn today’s increasingly digital landscape, information technology (IT) plays a critical role in the success of organizations. To maximize the benefits derived from IT investments, organizations need to establish effective IT governance practices. IT governance encompasses the policies, processes, and structures that ensure responsible utilization of IT resources, appropriate risk management, and alignment between ITRead more

IT governance in an organization

Understanding and Implementing IT Governance in an Organization

By Litcom Team | Governance | Comments are Closed | 11 April, 2023 | 0

Reading Time: 5 minutesInformation Technology (IT) governance refers to the decision-making framework that ensures IT investments align with the goals and objectives of an organization. In other words, IT governance is the system that guides IT strategy and performance to ensure that IT adds value to the organization. Implementing IT governance in an organization requires a holistic approachRead more

GDPR and its Implications on Canadian Organizations

GDPR and Its Implications on Canadian Organizations

By Litcom Team | Governance | Comments are Closed | 6 March, 2019 | 0

Reading Time: 3 minutesThe European Union’s (EU) General Data Protection Regulation (GDPR) came into force on May 25, 2018, and has implications for many Canadian organizations, particularly those controlling or processing personal information in the EU or of its EU data subjects (any person whose personal data is being collected, held or processed).

IT steering committee

Understanding the IT Steering Committee’s (ITSC) Role in IT Governance

By Litcom Team | Governance | Comments are Closed | 31 May, 2018 | 0

Reading Time: 2 minutesToday’s organizations rely on information technology (IT) as a crucial part of their overall enterprise strategy. As such, policies and practices that extend to IT are an integral part of this strategy- that is, IT should be governed by practices that help ensure: An organization’s IT resources are utilized responsibly; Risks are managed appropriately; andRead more

PCI compliance requirements

Is Your Organization Meeting PCI Compliance Requirements?

By Litcom Team | Governance | Comments are Closed | 27 January, 2018 | 0

Reading Time: 3 minutesWhat Does PCI DSS Compliance Mean?  The major credit card issuers (Visa, MasterCard, Discover and American Express) created PCI (Payment Card Industry) compliance standards to protect personal information and ensure security when transactions are processed utilizing a payment card. PCI provides the guidelines to help merchants protect cardholder data. Understanding PCI compliance requirements helps organizationsRead more

IT governance

Establishing IT Governance | An Eight-Step Process

By Litcom Team | Governance | Comments are Closed | 11 April, 2017 | 0

Reading Time: 4 minutesIT governance is the method by which decisions are made around IT investments. Strong IT governance helps organizations align technology decisions with business priorities, manage IT-related risks, and create clear accountability for leadership and teams. Establishing IT governance in an organization is an important way of ensuring that IT policies and procedures are adhered to.Read more

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