COBIT 5 Update October 2010 ISACA Tel Aviv Chapter Conference October 20th, 2010 Kaya Kazmirci ISACA Istanbul Chapter President
COBIT 5 Initiative The initiative charge from the Board of Directors is to tie together and reinforce all ISACA knowledge assets with COBIT 5 The COBIT 5 Task Force: Includes experts from across the ISACA constituency groups Is co-chaired by John Lainhart (Past International President) and Derek Oliver (Past Chair of the BMIS Development Committee) Reports to the Framework Committee and then the Knowledge Board.\
COBIT 5 Objectives COBIT 5 will: Provide a renewed and authoritative governance and management framework for enterprise information and related technology, building on the current widely recognized and accepted COBIT framework, linking together and reinforcing all other major ISACA frameworks such as: Val IT Risk IT BMIS ITAF Board Briefing Taking Governance Forward Connect to other major frameworks and standards in the marketplace (ITIL, ISO standards, etc.)
What Will Be Delivered? An enterprisewide, business and IT end-to-end framework addressing governance and management of information and related technology The framework structure will include familiar components such as a domain/process model and other components such as governance/management practices, RACI charts, and inputs/ outputs. An initial COBIT 5 product architecture, specifying which types of products and other guidance that could developed for specific IT professional audiences (e.g. assurance, security, risk) in support of enterprise business needs
Draft Framework A work in progress today
Potential Products The proposed COBIT 5 product architecture will over time deliver products based on the overarching COBIT framework. Examples include: COBIT [for] Security (in planning now!) COBIT for Governance COBIT for Management COBIT for Assurance COBIT for Control COBIT for Risk COBIT for Compliance COBIT for Value COBIT for Applications
Other Guidance Options The COBIT 5 product architecture will also contain practitioner guidance designed to support specific business requirements, the needs of ISACA constituent groups, specific content topic development and referencing to the COBIT framework and specific framework as necessary. Such guidance could include: Getting Started Guides Mappings Surveys and Benchmarks Implementation Guides
Key Messages for IT Professionals Major evolution of the COBIT framework incorporating the latest governance and management thinking; actively be a part of the development of this global initiative and drive its direction. COBIT 5 pulls ISACA frameworks together into one cohesive, comprehensive ( end to end ) picture and fill in gaps Simplify navigation and use easier to navigate ISACA framework material and more practical to use Provide a common language to cross professional disciplines COBIT 5 builds on existing market capital of the brand (reputation, credibility, investment, experience)
Key Messages for IT Professionals COBIT 5 is building and expanding on COBIT 4.1 COBIT 5 will include the scope of Val IT and Risk IT within a single framework current users will have more robust functionality with better integration (also integrating BMIS and ITAF) COBIT 5 is coming this demonstrates ISACA s commitment to enhance you skills and expand you professional knowledge COBIT helps you manage operational risks and keeps you on top of regulatory compliance.
Key Messages for Enterprise Leadership Significance of information and related technology is growing IT is a business issue; get involved, get engaged; see value from IT by implementing good governance You can t meet your organizational goals without effective governance of enterprise IT Enterprise leadership need to champion effective governance and management of enterprise IT COBIT can help COBIT provides a basis for evaluating, directing and monitoring enterprise use of IT
Key Messages for Enterprise Leadership COBIT helps you achieve your business goals and objectives COBIT is a practical approach to implementing and maintaining effective governance of enterprise IT with supporting guidance and tools What s happening in business today? More compliance requirements; more risks to manage; a need for operational effectiveness! COBIT helps. COBIT 5 is based on sound enterprise governance principles and concepts Don t throw away what you have LEVERAGE what you have and migrate to a better place ISACA provides guidance on how to transform
Key Messages for Enterprise Management COBIT is relevant to enterprise functional areas as it provides a way of focusing on business goals and information requirements COBIT provides opportunities to learn facilitating interaction and collaboration with IT professionals Helps in your job and your career COBIT can help you add value to your enterprise and improve your ability to deal with IT-related business issues (good for your business and good for you) COBIT provides a common language to communicate with the IT professionals
Key Messages for Enterprise Management You can t achieve your business goals without using IT effectively COBIT helps. COBIT helps functional area managers be the driver for change See the potential of IT how do you visualize IT being used COBIT helps COBIT helps with regulatory compliance.
Moving Forward The Project Initiation Document for the development of the overarching COBIT 5 framework has been approved by the ISACA Board of Directors and design and development work is progressing. COBIT 5 is a major, high-profile, strategic initiative for ISACA. Market validation of design (i.e., the public exposure of the draft design paper completed in April 2010) and development (i.e., the planned public exposure of the overarching framework product in Q1 2011) will take place to ensure ISACA remains on the right track to satisfy market. Communication activities are part of the work plans. There will be transition support for users of the current ISACA frameworks to use COBIT 5. ISACA s valuable current framework content will not just disappear!
COBIT 5 News As the initiative progresses throughout 2010 and 2011 there will be periodic updates provided: On the ISACA web site http://www.isaca.org/knowledge- Center/Research/ResearchDeliverables/Pages/COBIT-5-Design- (Exposure-Draft).aspx In the COBIT Focus newsletter In other ISACA membership communications, events, marketing materials and PR activities Watch these spaces for more news!
Toda Raba! Gary Hardy Daniel Mayer Doron Ronen Shlomi Kot ISACA Tel-Aviv Chapter Board
Questions? Please call or write anytime kaya.kazmirci@isaca-istanbul.org kaya.kazmirci@gmail.com +90-532-487-7756 +90-555-255-8090