The board and senior management of a new enterprise recently met to formalize an IT governance framework. The board of directors' FIRST step in implementing IT governance is to ensure that:

Implementing an IT balanced scorecard is a measurement and reporting tool that comes after the fundamental governance structure, including roles and responsibilities, has been established.

Developing a portfolio of IT-enabled investments is an output of IT strategy and planning, which relies on an established governance framework and defined roles to guide investment decisions.

Establishing clear roles and responsibilities is foundational for IT governance, as it defines who is accountable for what decisions and actions, ensuring effective oversight and control within the organization and enabling subsequent governance activities.

Defining IT policies and procedures is a critical part of operationalizing governance, but these documents are typically developed and enforced based on the established roles and responsibilities and overall governance structure.