A value chain is a set of activities that a firm operating in a specific industry performs in order to deliver a valuable product (i.e., good and/or service) for the market. The concept comes through business management and was first described by Michael Porter in his 1985 best-seller, Competitive Advantage: Creating and Sustaining Superior Performance. The idea of the value chain is based on the process […]
Study Your Way IMA has a variety of CSCA® resources to help you be your best on exam day. Customize your learning path according to your level of expertise. You can personalize your study plan with several options: online self-study courses and practice questions, recommended textbooks and articles, a resource guide, and more. When it comes […]
Proper alignment between the organization and IT means: Senior management and the board understand the potential and limitations of IT. IT senior management understands the objectives and corresponding needs of the organization. This understanding is applied and monitored throughout the organization via an appropriate governance and accountability structure. The main focus of IT governance is on creating alignment between organizational priorities and IT […]
Taking a strategic approach to implementing information technology (IT) governance: Taking a strategic approach to implementing information technology (IT) governance helps organizations address the speed of technological advancements, IT services proliferation, and the greater dependency on IT to meet organizational objectives. Effective IT governance contributes to control efficiency and effectiveness, and allows the organization’s investment in IT to realize both financial and […]
