Commentary:

In addition to making your business processes more effective and efficient, active participation in the open source community is an inexpensive way to build your company's technical intelligence capabilities--most participants are passionate individuals with extremely advanced programming and teaming capabilities. There is a lot to learn from them. Over time, as your company's contribution impacts various open source projects, your brand will start to garner support from these super-influencers. Soon enough, this support will increase your brand's value in front of the largest audience on earth--the Internet audience.

In conclusion, a sustained focus on stakeholder satisfaction is the foundational principle of agile IT governance. Paying adequate attention to tactical measures to achieve stakeholder satisfaction enables fluid execution. However, it is only the first step. As additional articles in this series will show, you also need to keep those stakeholders motivated, facilitate collaboration among them and give them incentives to achieve success.

Chiranjeev Bordoloi writes about Agile IT Governance for CIO.com and is currently writing a Doctoral Dissertation on the subject. He has served in senior executive roles at both Fortune 500 companies and start-up businesses . Read Bordoloi's blog on AgileITGovernance.com, follow him on Twitter @AgileITGov.