Strengths of COBIT

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Let's start off with the strength of co bit

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in this video. We're going to talk about the strength of the co bit framework and what the Corbett framework is not.

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When deciding whether or not you want to use co bit as your I T governance framework, it's important to go over the strength of co bit.

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Keep in mind, there are a lot as this is a globally accepted and widely adopted framework.

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One of the main strengths of cope it is that it is effective.

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This effectiveness can be translated into many different benefits for an organization.

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When adopting CO. Bit within an organization, it creates business value.

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Sometimes the I T department and I T assets aren't always Sina's bringing in a lot of business value, even though it is often the backbone, a backbone upon which business is conducted.

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But when something goes wrong or you need to update your infrastructure or even adopting new technologies, it could be seen as a money grabber to senior leaders

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to avoid risks, harbor failures or an overall lack of funding. It's important to demonstrate that I t assets bring in business value.

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Hope it helps with that

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based on the aforementioned you want to demonstrate visibility for your I T. Resource is assets and I t department.

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You want to show that it's bringing in in

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value for an organization

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and cope. It is a framework that allows for visibility at the board of directors or governing level

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with more visibility. The higher likelihood that the I T department can have adequate funding and that I t will be seen as an integral part of your organization.

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It can also result in less pushback when additional resource is air needed

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CO. But also assists assists With risk and resource optimization.

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You can address the business risk associated with I T. And how it impacts the business within the co bit framework.

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It helps with the creation of value and managing risk to focus on preserving the value of information and processes that information systems interact with

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essentially cope. It helps to demonstrate how I t optimizes business risk toe ultimately preserve value.

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Resource optimization ensures that resource is our integrated and economical and avoiding excessively high costs of I T.

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Resource optimization also refers toe updating or replacing obsolete systems training and promoting retention of I T. personnel and utilizing data to gain business insights and overall value.

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Kobe is also broad and comprehensive.

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It covers different industries organizational structures and it covers the entire enterprise from end to end.

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Since cope, it can be applied to organizations of varying sizes, industries, etcetera. It has to be flexible,

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which it ISS.

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Performance management is another strength of co bit

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performance management ensures that employees resource is and systems continually meat, business goals and objectives

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cope. It also helps align businesses toe, align their aforementioned with their missions and goals

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cope. It can assist with the implementation of this framework because it creates a simplistic way to execute i t. Governance within a company.

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It is a master framework that is both comprehensive and holistic.

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One of the advantages when implementing co bit is that it can be executed in conjunction with major standards, guidelines, frameworks and laws and regulations.

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It aligns and can be integrated with these different standards, regulations and best practices.

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This master framework allows for business goals and I t goals to be interlinked, to extract business value and create visibility at the senior leadership level

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with more visibility, the more likely your I T department can be appropriately integrated with the organization toe assist, a business in reaching its missions and goals.

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It's also all the more likely that the I T department will be given the adequate attention and funding to continue to meet business objectives

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Ultimately cope. It is a globally accepted framework, which can be seen as one of its strengths.

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So why is it so important to adopt a widely adopted framework?

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Well, it means you are following best practices and guidelines that are internationally accepted and renowned.

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That means you're probably doing something right.

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Plus, it means that you can follow tips and pointers from other organizations in your industry toe effectively implemented.

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Take a moment to think why and how a globally accepted framework would benefit your organization.

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Do you think it would make your organization more desirable to customers and other businesses that you engage with?

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Try and write down what you think would be important about having a globally accepted framework, and that will be very helpful for your business case, which we'll talk about later down the line.

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So let's do a quick recap of why cope it can be the framework for you

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it is broad and comprehensive, and it encompasses your entire enterprise from end to end.

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It was created and implemented within organizations to help businesses realize their objectives and goals.

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Although cope, it includes the I T department. It's not just limited to the I T department.

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Instead, it incomers your entire organization.

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When you adopt co bit, it doesn't mean you could Onley follow co bit.

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Rather, you can coordinate co bit with other standards and best practices.

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Additionally, cope, it is aligned with standards, best practices and regulations.

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It's also compatible with other i t governance frameworks like Val I t. And it'll

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Kobe. It is easy to implement in a business and integrates easily.

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It is focused on cutting I t risks and focused on retaining and obtaining business value.

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Furthermore, cope it can assist your organization with compliance with laws and regulations, reporting and asset control.

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What do you think is the most important Corbett strength

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that will vary from business to business and person to person. But why do you think it's what do you think? It's the most important and why.

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Okay, so let's talk about what Kobe is not

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cope. It is an I t. Governance framework. But it is not a way to manage all technologies within your organization.

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Keep in mind cope. It is broad. It is not technology specific or a technical guide that gives you a way in which to manage your technological assets.

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It's also not a wait. It's not meant to organize business processes.

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Additionally, Kobe, it does not prescribe i t related decisions.

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It doesn't talk about what the best I T strategy or architecture, ER is because that can vary from organization organization. And that also changes with time as the cyber landscape is ever changing and evolving,

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instead cope. It defines components to guide decisions for which decisions should be made, how and by whom.