What role does stakeholder engagement play in IT governance?

Stakeholder engagement is crucial in IT governance as it ensures that the perspectives, needs, and priorities of all interested parties are considered during the planning and execution of IT strategies. When stakeholders are engaged, it helps facilitate alignment between IT initiatives and the overall business objectives. This alignment is essential for the success of IT projects, as it ensures that technological efforts are directly supporting the goals and vision of the organization.

By actively involving stakeholders, organizations can better assess risk, prioritize investments, and make informed decisions that reflect the broader objectives of the business. Enhanced engagement leads to a shared understanding and commitment to the goals, which can boost morale and increase the likelihood of project success. Thus, acknowledging and involving stakeholders ensures that IT governance frameworks are not only aligned with business needs but also more likely to deliver value to the organization.