COBIT is a globally recognised framework, developed by ISACA®, to help organisations govern and manage IT efficiently.
It helps organisations meet business challenges in the areas of regulatory compliance, risk management and aligning IT strategy with organisational goals. COBIT 5, the latest iteration of the framework, was released in 2012.
COBIT 5 summarised
COBIT 5 is based on five principles that are essential for the effective management and governance of enterprise IT:
- Principle 1: Meeting stakeholder needs
- Principle 2: Covering the enterprise end to end
- Principle 3: Applying a single integrated framework
- Principle 4: Enabling a holistic approach
- Principle 5: Separating governance from management
These five principles enable an organisation to build a holistic framework for the governance and management of IT that is built on seven ‘enablers’:
- People, policies and frameworks
- Organisational structures
- Culture, ethics and behaviour
- Services, infrastructure and applications
- People, skills and competencies
Together, the principles and enablers allow an organisation to align its IT investments with its objectives to realise the value of those investments.
Benefits of COBIT
The COBIT 5 framework can help organisations of all sizes to:
- Improve and maintain high-quality information to support business decisions;
- Use IT effectively to achieve business goals;
- Use technology to promote operational excellence;
- Ensure IT risk is managed effectively;
- Ensure organisations realise the value of their investments in IT; and
- Achieve compliance with laws, regulations and contractual agreements.
COBIT 5 and other frameworks
COBIT 5 has been designed with integration at its heart. It is aligned with numerous best-practice frameworks and standards, such as ITIL®, ISO 20000 and ISO 27001.
It may be best to take an integrated approach when implementing an IT governance framework, using parts of several different frameworks and standards to deliver the results you need. In Pragmatic Application of Service Management, Suzanne Van Hove and Mark Thomas provide an approach to integrating COBIT 5, ITIL and ISO 20000 that delivers better return on investment and alignment of IT with organisational objectives.
IT Governance offers a complete range of books, toolkits, e-learning, training, software and consultancy relating to all areas of IT governance, risk and compliance.
- The IT Governance Control Framework Implementation Toolkit has been designed to simplify the complex process of COBIT implementation. It provides documentation templates that cover all 37 of the COBIT processes and ready-to-use policies and procedures that will save you time and money when implementing COBIT.
- The COBIT 5 Publication Suite
Speak to an expert
Please contact us to discuss your COBIT requirements