How can you apply IT audit experience to business strategy?

1 Assess business goals and IT alignment

One of the key aspects of IT audit is to evaluate how well IT supports the business objectives and strategy. You can use your IT audit experience to assess the alignment of IT with the vision, mission, and values of the organization, as well as the needs and expectations of the stakeholders. You can also identify the gaps and opportunities for improvement, and provide recommendations and feedback to the IT management and the business leaders.

2 Analyze IT risks and controls

Another important aspect of IT audit is to analyze the IT risks and controls that affect the business operations and performance. You can use your IT audit experience to identify and prioritize the IT risks that pose a threat to the business goals and strategy, such as cybersecurity, data quality, regulatory compliance, and project management. You can also evaluate the effectiveness and efficiency of the IT controls that mitigate the IT risks, such as policies, procedures, standards, and tools.

3 Communicate IT value and performance

A third aspect of IT audit is to communicate the IT value and performance to the business stakeholders and decision-makers. You can use your IT audit experience to present and report the IT audit findings and recommendations in a clear, concise, and relevant way. You can also use your IT audit experience to translate the technical and complex IT issues into business language and outcomes, and to demonstrate how IT contributes to the business value creation and delivery.

4 Develop IT strategy and governance

A fourth aspect of IT audit is to develop IT strategy and governance that aligns with the business strategy and governance. You can use your IT audit experience to participate in the IT strategic planning and execution, and to provide input and guidance on the IT vision, goals, and initiatives. You can also use your IT audit experience to design and implement IT governance frameworks and processes that ensure the IT alignment, accountability, and performance.

5 Enhance IT skills and roles

A fifth aspect of IT audit is to enhance IT skills and roles that support the business strategy and operations. You can use your IT audit experience to acquire and update your IT knowledge and competencies, such as IT frameworks, standards, methodologies, and best practices. You can also use your IT audit experience to explore and pursue IT career paths and roles that match your interests and strengths, such as IT consultant, IT manager, IT auditor, or IT director.