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As with any business capability, IT has to be set up to deliver value. This needs to be in alignment with the overall business strategy and can be performance managed through an IT Balanced Score Card. The innovation that IT brings to business is significantly enhanced by continuously looking at technology trends and how these can be applied. Technology Risk Management provides assurance to the CEO and Board of the proactive mitigation of IT Risk.
This is an aspect of the King IV Code of Corporate Governance, which requires that company boards understand the effect IT has on the business.