Paper

Running Head: IT MANAGEMENT AND GOVERNANCE 1

IT MANAGEMENT AND GOVERNANCE 7

IT Management and Governance

Grace Ijelu

IFSM 301

Foundations of Information Systems Management

February 8, 2021

Part Two

IT Strategies

The GG Freightways company can use these four Information Technology (IT) strategies in improving profit performance in the company.

IT Strategy (Spring 2019)	State the Business Strategic Objective, then Explain the Alignment of the IT Strategy to the stated Business Strategic Objective	Internal/Business-Enabling (state the words “Internal” or “Business Enabling”)
Example: do not use but leave it in the table when completing this section. Meet compliance requirements by updating current technology or developing/acquiring new technology to meet those mandates	· Business Strategic Objective: · Meet FMCSA reporting requirements for driving hours by the company’s drivers · Explanation of the Alignment of the IT Strategy to the Business Strategic Objective: By acquiring or developing technology that will capture and store driver hours electronically, the company will comply with FMCSA regulations and, able to provide this information upon request.	Internal Comment by Sean Sullivan: Standardized alignment in columns.
A Unified Communication	· Business Strategic Objective: A unified communication method will help in communicating between two employees working in remote environments. · Explanation of Alignment of the IT Strategy to the Business Strategic Objective: Comment by Sean Sullivan: Missing explanation.	Internal
Open Source	· Business Strategic Objective: The data analysis software essential in recording and analyzing information in the community shared knowledge. · Explanation of Alignment of the IT Strategy to the Business Strategic Objective: The open-source IT strategy enables the commercial community to access free software for business operations in the GG Freightways. Comment by Sean Sullivan: Open-source does not always mean free. Many open-source software is free for individual and non-profit or at least school use. Business regularly must pay for licenses. This is not always the case but must be kept in mind.	Internal
Voice Over IP (VoIP)	· Business Strategic Objective: · The third IT strategy for the business system of GG Freightways is the voice over IP to initiate communication among people in the landline. Comment by Sean Sullivan: Why just over landline? · Explanation of Alignment of the IT Strategy to the Business Strategic Objective: The IP voice delivery enables different to have massive business calls through this service.	Business Enabling
Customer Relationship Management (CRM)	· Business Strategic Objective: · The fourth IT strategy in the IT system is customer relationship management for information storage. · Explanation of Alignment of the IT Strategy to the Business Strategic Objective: The speed directory for product movements in GG Freightways is initiated by CRM to ease the ability of workflow.	Business Enabling

IT portfolio Road Map

The following is the time for improving profit in the GG Freightways with the IT development and data management.

Projects by Functional Area	Qtr. 1	Qtr. 2	Qtr. 3	Qtr. 4	Qtr. 5	Qtr. 6
Business objectives Product sales IT strategies
Product Development Improvement Showcase Company Products
Accounting Business Intelligence Customer relationship management
Risk Management Risk optimization Strategic management
IT support system Updates of new system Data management	Comment by Sean Sullivan: All of your projects are overlapping. Will all your internal employees be able to handle this at the same time? This depends on your setup, who will create this (in-house expertise) versus being contracted out. You could contract out surge personnel for the projects or just the actual services to develop the deliverables for these projects. You will still need someone from your business to keep an eye on the project if it is outsourced.

Proposed Project

In the GG Freightways company, important IT concepts are required, in the management and governance of operations. IT governance and management concepts involve the following: IT framework enterprise, strategic management, benefits realization, risk optimization, and resource optimization. These concepts of IT governance and management helps in providing knowledge and guidance to the operations of GG Freightways. Each concept provides security assurance and guidance to the main domain of the GG Freightways company (Van., & De Haes, S. 2018). The first concept of IT framework enterprise provides a continuous assessment for the company through direct planning on goals and objectives. This concept of IT helps GG Freightways utilize industry standards based on business accountabilities and responsibilities of IT Governance.

Risk Management

The strategic risk management for IT Governance helps in supporting business objectives.

1. First analyze the IT domain to provide a good alignment of activities based on enterprise management.

2. Evaluate the most effective method in the management portfolio forms an architecture methodology for showcasing the company's products.

3. Treat all IT concepts for governance and management is a benefits realization which optimizes the profit of GG Freightways by enabling IT investments.

4. The IT initiative helps in monitoring benefits and value practices of products. Avoid any IT governance and management for resource optimization through sufficient use of applications, infrastructure, and information to achieve competence. Reduce resource optimization to execute a project effectively way through training and development programs of GG Freightways.

Business Continuity Planning

a. The GG Freightways company can apply IT management and governance for business continuity planning. The following are steps of business continuity planning.

· Risk assessment: The performance decision in the GG Freightways requires assessment of risk by establishing classical methods of monitoring shipping activities (Van & De Haes, 2018).

· Business Impact Analysis (BIA): The IT management and governance system recovery assumptions help in making decisions about improving the company's efficiency.

· Hedge Fund Business planning: The IT infrastructure helps in supporting business operations of GG Freightways through data input and implementation of IT investments opportunities.

· Plan implementation: This involves sharing the plan with main stakeholders and conducting training sessions. The IT management and governance help in scientific and technical decision making on responsibility developed through open sources of the company.

· Plan Testing and System Maintenance: The simulation exercise for the plan are initiated while maintaining the new system. The IT solution architecture in the company initiates some regional services presented in the different directories.

b. Equally important, IT management and governance decisions are associated with business continuity planning. The advice and implementation of decisions made involve a standard process that acts as responsibility control for different activities in GG Freightways.

c. The continuity of the plan is enhanced when customers are engaged in decisions making as proactive ways of focusing on new goals. The best approach to making IT changes is enhanced through readjustment in the IT section (Steinberg, 2011).

d. The IT management and governance system will remain operational by making the important decision on an updated strategic plan. Also, the company is able to make a decision on reasonable cost with a different change of IT organization. The current IT management and governance system enables the company to have a good route of optimization for accounting and financing various operations.

References

Van Grembergen, W., & De Haes, S. (2018). Introduction to the Minitrack on IT Governance and its Mechanisms. In Proceedings of the 51st Hawaii International Conference on System Sciences. Comment by Sean Sullivan: Corrected hanging indents per APA 7th Ed.

Steinberg, R. M. (2011). Governance, Risk Management, and Compliance: It Can't Happen to Us--Avoiding Corporate Disaster While Driving Success (Vol. 570). John Wiley & Sons.