What is the best way to prioritize IT governance innovation opportunities?

2 Define your desired state

Next, you need to define your desired state of IT governance that aligns with your organizational vision, mission, and values. You can use tools such as balanced scorecards, SWOT analysis, or SMART goals to articulate your IT governance objectives, measures, and targets. You can also consult with your senior management, business units, and external partners to understand their expectations and requirements from IT. This will help you create a clear and shared vision of IT governance that supports your business strategy and value creation.

4 Prioritize and implement ideas

Finally, you need to prioritize and implement the selected ideas for IT governance innovation. You can use tools such as prioritization matrices, roadmaps, or project management software to prioritize the ideas based on their urgency, importance, and dependency. You can also use frameworks such as agile, waterfall, or hybrid to implement the ideas according to their scope, schedule, and budget. You should also monitor and control the implementation process to ensure the quality, compliance, and alignment of the IT governance innovation outcomes.

5 Review and improve

IT governance innovation is not a one-time event, but a continuous cycle of learning and improvement. You should regularly review and improve your IT governance innovation processes, practices, and outcomes. You can use methods such as feedback loops, performance indicators, or audits to measure and report the results and impacts of your IT governance innovation. You can also use techniques such as lessons learned, best practices, or change management to identify and implement the improvements and changes needed for your IT governance innovation.

IT governance innovation can help you enhance your IT performance, efficiency, and agility, as well as create value and solve problems for your organization. By following these tips, you can prioritize IT governance innovation opportunities that align with your strategic goals and values.

6 Here’s what else to consider

This is a space to share examples, stories, or insights that don’t fit into any of the previous sections. What else would you like to add?