Open-Ended for your Organization

Video Activity
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Time
3 hours 43 minutes
Difficulty
Intermediate
CEU/CPE
4
Video Transcription
00:00
in this lesson, we're going to discuss how cope it is open ended for your organization.
00:07
So in this video we will talk about how the co bit framework is open ended. The benefits of this concept and how an open ended framework allows for a great deal of customization foreign enterprise.
00:20
One of the basic concepts of co bit is its ability to be open ended.
00:24
This open endedness allows for it to be customized and tailored to your specific organization.
00:31
No two organizations are the same. There are different goals industry sizes, people processes, information products, etcetera.
00:41
Thus, having an open ended, flexible and encompassing framework allows for this customization.
00:47
Applying a one size fits all approach may not derive maximum business value for your enterprise.
00:53
Instead, the ability to customize and tailor your approach is vital.
00:57
This creates a way in which to govern. I t resource is in your specific organization, which creates a relevant and useful way to handle your I. T. Resource is.
01:07
So
01:08
why do you think an open ended approach would be beneficial for your specific organization?
01:18
Kobe. It can be used with different publications to cover different aspects of your enterprise
01:23
Kobe five can be combined with standards, frameworks, regulations and community contributions, especially given that it is aligned with a number of standards and frameworks.
01:33
This is another benefit in cope. It being open ended in that it can be implied in conjunction with other standards and regulations to remain compliant, effective and efficient.
01:47
Ultimately, Kobe five, being aligned with a number of standards and frameworks, speaks to its open endedness.
01:53
This is an important aspect of a nightie governance framework, because while you want to maximize business value, you also want to make sure that you are following best practices and remaining compliant with laws and regulations that air standard in your industry.
02:07
Without that, you could end up being
02:09
privy to both tangible and intangible losses that ultimately hurt your business and its posture.
02:20
So in this lesson we covered how cope it is open ended, meaning that it could be aligned with a number of standards and frameworks and the benefits of doing so
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