Banging the gavel on corporate governance

31.03.2006

Until the formulation of the new Australian standard there was nothing anywhere to tackle the issue of governance, Toomey says.

He outlines six high-level principles:

' Establish clearly understood responsibilities for ICT

' Plan ICT to best support the organization

' Acquire ICT validly (have good reasons for making the investment and don't do it just because other organizations have)