Can unified governance deliver?
GRC, meaning governance, risk and compliance, refers to an emerging IT sector being driven by the pressure placed on businesses from the huge increase in legislation covering how companies are required to behave, says IT Director.
While there are major tasks in this area, be wary of very large consultancies anxious to work with enterprises on GRC and claiming multimillion-dollar open-ended contracts are needed.
Unified governance is, or should be, the end-goal of GRC; the bringing together of all a company's relevant functions to ensure good governance, with an emphasis on corporate policy implementation achieving all the desired results in every situation.
Industry leaders submit governance framework
Liberty Alliance, the global identity consortium, says industry leaders submitted IGF to openLiberty.org for open source development of IGF implementations, reports Tech Whack.
It also announced the ratification of market requirements documentation (MRD) for IGF and the commencement of technical specification work. With today's news, developers, system integrators and organisations in every sector can begin planning IGF deployments referencing the publicly available MRD and building IGF applications based on the open source APIs collaboratively developed at openLiberty.org.
Liberty Alliance will hold a public Web cast in August to review IGF developments and the roadmap for continuous development and support within Liberty Alliance and at openLiberty.org.
Technological know-how reduces poverty
Foreign official aid has been much less effective than it should be, because it does not recognise the essential role that technological change plays in sustained economic growth, says Gov Tech.
High-income countries, such as those belonging to the Organisation for Economic Co-operation and Development, almost all have programmes to strengthen their own national innovation systems and to promote innovation among domestic businesses.
However, in poor countries the development of science, technology and innovation has been largely missing from the foreign assistance they receive from high-income countries, says UNCTAD's Least Developed Countries Report 2007.
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