A large enterprise has been experiencing high turnover of skilled IT personnel, resulting in a significant loss of knowledge within the IT department. Which of the following is the BEST governance act

Updating the IT resource management plan allows the enterprise to systematically address human resource issues such as high turnover and knowledge loss by incorporating strategies for retention, skill development, succession planning, and knowledge management. This comprehensive plan guides the IT department in managing its most critical resource: its people.

Revising IT strategic objectives is too broad; while talent management supports strategy, the core issue is operational resource management, not a shift in strategic direction.

Updating compensation packages is one potential solution within a resource management plan, but not the overarching *governance action* itself.

Mandating employee contracts might enforce commitment but doesn't inherently address the root causes of high turnover or the loss of knowledge.