August 31, 2004
Good Governance pays Dividends
Just when you thought the costs of good goverance had no upside. Maybe companies with good governance are focused on results and this is part of the package. Here is an excerpt from an article from computerworld.com on the positive relationship between good governance and profitability.
"Weill and Ross, research scientists at the Center for Information Systems Research at MIT's Sloan School of Management, do just that and more. For instance, a CISR study of 256 global companies reveals that the profits of companies with top-notch IT governance practices are 20% higher than those of companies with poor IT governance." See the complete article at:
http://www.computerworld.com/securitytopics/security/hacking/story/0,10801,95477,00.html
For information on the Issues Central Sarbanes-Oxley Compliance Playbook(tm) see www.issuescentral.com
"Weill and Ross, research scientists at the Center for Information Systems Research at MIT's Sloan School of Management, do just that and more. For instance, a CISR study of 256 global companies reveals that the profits of companies with top-notch IT governance practices are 20% higher than those of companies with poor IT governance." See the complete article at:
http://www.computerworld.com/securitytopics/security/hacking/story/0,10801,95477,00.html
For information on the Issues Central Sarbanes-Oxley Compliance Playbook(tm) see www.issuescentral.com