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UDC CIO Organization Memo Paper

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UDC CIO Organization Memo
Introduction
UMUC Distribution Company (UDC) growth has remained stagnant due to the slow economy. In order to achieve UDC’s goals to increase growth at 5% per year and cut expenses by 5% to help fund new initiatives, various improvements must be developed to enhance the Information Technology (IT) organization’s ability to provide efficient IT solutions to support UDC overall business goals. This Memo will outline the various areas which require improvement (i.e. Internal IT strategies, IT department structure, roles and responsibilities, and key services,) and how we as a team will accomplish these improvements (i.e. our philosophy, new Chief Information Officer (CIO) organization structure, and key millstones). …show more content…

• IT Governance is an internal IT strategy used to analyze and prioritize current and future IT projects through the IT governance process. It involves assessing current projects, defining future vision, and ensuring project road maps are structured properly. “Good governance enables you to make and implement better decisions faster, and provides the foundation for weaving together business and IT strategies (Broadbent, Kitzis, 2005).
• Risk Management is an internal IT strategy used to align the IT risk management plans with the business strategic initiatives to reduce the IT threats. Incorporating this process will ensure IT risks are managed, and the impacts are identified and monitored effectively.
• IT Organizational Restructure is necessary for the current IT department to be developed into a CIO organization. Outlining a new framework and identifying roles and responsibilities will help to shape an effective organization to be in a better situation to support the company’s goals. It will also better align the current and future IT investments and

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