Rethinking IT governance for agility and innovation

By | August 13, 2021

Josh Hamit understands why IT governance typically will get a nasty rap.

“Once I and others consider governance, it has the connotation of being gradual and having a number of hoops to leap by way of, and that’s scary for a company on this age of digital transformation,” he says.


Hamit then asks: “In a time when we have to embrace innovation, how will we do this in a approach that governance gained’t gradual us down?”

It’s a problem Hamit has been tackling as CIO at Altra Federal Credit score Union, the place he has carried out a governance mannequin that makes use of acceptable guardrails for threat administration but nonetheless allows adaptability and velocity.

Extra particularly, Hamit’s governance construction defines roles and duties; assigns decision-making and accountability; and creates procedures meant to maintain his know-how group engaged on strategic priorities. It additionally contains insurance policies to make sure IT adheres to required requirements and regulatory necessities however with sufficient flexibility so IT can pivot to satisfy rising enterprise wants.