Background and Business Challenges

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Time
3 hours 43 minutes
Difficulty
Intermediate
CEU/CPE
4
Video Transcription
00:00
providing a background in business challenges should be included in the Kobe business case.
00:06
So in this video, we're going to talk about what should be included in the background section and the Business Challenges section of a business case.
00:15
Include a background of the current state of I T. In your business case, what is I t focused on?
00:20
Is it focused on performance and management of risk?
00:24
How was I t integrated into the operations of the enterprises business
00:28
for Corporation X. It may be at the core of its operations along with the use of Internet if it's an e commerce company.
00:36
Thus, how is it integrated and managed within the business?
00:39
Is it managed in a centralized or decentralized manner?
00:44
How will the governance programs performance be assessed, monitored, reported and disclosed?
00:50
Who will be doing the auditing, monitoring and reporting? Who will the reports to be disclosed Thio
00:56
for Corporation X How will the adoption and expansion of new technologies be assessed? Who will it be, reported Thio. How will it be decided if its remaining competitive in this industry?
01:07
In this case, it may be reported and disclosed to the board of directors or executives who will be monitoring the I T governance program to ensure it provides business value.
01:17
These are all important points that need to be addressed in the business case.
01:21
It can be included in the background portion.
01:23
We're including Ah, high level assessment of the current state of I T. How it's integrated in the business and how a nightie governance program can be assessed, monitored, reported and disclosed to show and demonstrate business value.
01:38
So why do you think it's important to include a background in your business case
01:46
in the business challenges section of your business case, you will address the current business challenges that face is your organization
01:53
a reliable framework to address the nature and pace of technological change in i t. Is necessary.
01:59
Additionally, how a framework can improve and organizations risk profile should be included in your business challenge portion of a business case
02:07
for Corporation X. The business challenge is that it may not be able to remain competitive in its market due to its inability to adapt and expand in new technologies.
02:17
Since the I T department deals with business units that are geographically dispersed, there may be a layer of complexity to the current I T architectures that can be addressed by new technologies.
02:30
Additionally, this complexity and older technologies may be introducing a level of risk that exceeds the risk. Appetite of the business
02:38
in this section include any business challenges that an I T governance program may face.
02:45
Continue with the corporation. Example.
02:47
Due to the complexity and complicated nature of I T. Expanding to new technologies may temporarily introduce additional level of complexity that could cause risks.
02:59
The geographic dispersal of business units that speak different languages may cause some communication gaps when it when implementing this program.
03:07
Another challenge may be collecting the amount of risk and tolerance levels for each business unit
03:13
as they used the technologies differently. Depending on their job function,
03:17
the Business Challenge unit will set realistic expectations for senior leadership so they can understand what the current challenges are and what new challenges implementing an I T governance program may bring.
03:30
That way, there aren't as many surprises, and it can allow them to get a better picture of what's to come.
03:38
In this video, we talked about the elements of a background section and the business challenges section of a business case
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