ISO 38500 Framework Structure
IT Governance
Speak to a GRC expert
If you have any questions or need assistance, please don't hesitate to contact us.
Share on social media
Strategic Assessment
The ongoing process of assessing the organization's use of IT against its strategic business objectives.
Business Needs
Understanding the current and future strategic requirements of the business.
IT Performance
Assessing how well current IT systems are supporting the organization.
External Environment
Considering new technologies, market trends, and regulatory compliance changes.
Investment Proposals
Reviewing business cases for new and significant IT investment requests.
Risk Appetite
Evaluating the organization's tolerance for various information technology risks.
Stakeholder Expectations
Considering the needs of customers, investors, employees, and partners.
Strategic Leadership
The leadership task of setting strategy, making decisions, and empowering management to execute IT plans.
Performance and Conformance Oversight
This is the ongoing oversight function to ensure the execution of IT strategy meets expectations.
The governing body reviews IT performance against approved plans, budgets, and promised business value delivery.
It also involves verifying compliance with internal policies, external laws, and specific regulatory obligations.
Continue Reading
Ready to learn more about ISO 38500 for Executives & Boards?