Strategic Mode | KPMG | BE
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Strategic mode

Strategic Mode

Where do I sit?

What does this mean?

From an operational point of view your need for reliable information technology is high, and from a strategic point of view, your need for new information technology is also of high importance. In other words, IT plays an offensive role in your organization as new and innovative technology governs your market strategy but also impacts the way you run your daily operations. Investment in technology takes a big chunk out of your budget as new technology could potentially reduce costs, optimize processes and increase your competitive advantage.

Your ideal governance structure

Based on the high strategic impact of technology in your organization, board-level IT governance is critical for you. To support your board, an IT “strategy committee” should be set-up to provide direction and help agree on business priorities when it comes to technology investments. Moreover, ideally, the Chairperson should be a technology expert able to address questions such as “Are our strategic IT development plans proceeding as required?” and “Do we regularly benchmark to maintain our competitive cost structure?”. Ensuring a close and open relationship to the audit committee is also recommended to monitor overlap between technological, economic and regulatory matters. 

How can we help?

From an operational and strategic point of view, IT plays a critical role in your organization. Based on your mode, board-level engagement should be at the center of your IT governance.

Based on your results, see below how KPMG can help your organization in setting up the appropriate governance structure and in identifying the critical questions to ask. 

 

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