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Elements of an IS/IT governance framework
The different elements of IS/IT governance framework for expanding the organization of ABC logistics into the Asian market are as follows:
Manage risk: It is identified that as the developments of logistic market by the organization necessarily have some risk, therefore the main starting point must be clarification as well as discussion of organization risk tolerance.
Allocate resources: It is identified that effective IT/IS governance framework mainly requires different types of resources. It is found that portfolio management is one of the procedures that assists in managing the diversity of size, timeframe, scope as well as initiatives related with the project of developing logistics market (Fukuyama 2013).
Establish structures: IT/IS structure as well as procedures generally include number of issues including the challenges that are associated with processes as well as platforms (Van Grembergen and De 2017). However, it is identified that it also includes various types of macro level issues related with organizational structures as well as nature of value creation within different external relationships.
Communicate: IT/IS governance framework must be communicated properly within the organization so that the stakeholders of the organization can easily understand the entire vision as well as risk tolerance related with the development of new logistic markets (Charron, Dijkstra and Lapuente 2014). It is identified that proper IT/IS governance framework will helps in improving communication.
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