California Management Review Accepts Paper by Michael Parent and Blaize Reich

Michael Parent and Blaize Reich have had a paper accepted by the California Management Review.

Title: Governing Information Technology Risk.
Authors: Michael Parent & Blaize Horner Reich

ABSTRACT:
Regulatory changes have affected the composition, role, and responsibilities of Boards of Directors worldwide. While stronger frameworks for directors’ fiduciary responsibilities have resulted, considerably less attention has been devoted to understanding the nature of, and concomitant duty-of-care towards information systems and technology assets in the organization, or IT Governance. As a result, boards have not demonstrated the competence or attention that good IT governance demands.

IT Governance takes two forms: a defensive form, IT Risk Governance, that seeks to safeguard the organization from the consequences of IT-related disasters; and a strategic form, IT Value Governance which creates lasting shareholder value. This paper focuses on IT Risk Governance. Based on an academic and trade literature review, and interviews with Board members from six international firms, we present a model, the IT Risk Governance Chain, and a dashboard which outlines the critical areas of IT risk and the key questions directors should ask to properly safeguard the information and technology assets of their firms.

About California Management Review: http://cmr.berkeley.edu/about_cmr.html

For more information about Dr. Parent’s research please follow this link.
For more information about Dr. Reich’s research please follow this link.