Accenture-COBIT 5 Reflection

Good Morning Colleagues,

As per the busy schedule here in Copenhagen, I could not attend the meeting with the consultants in person, but I was present via our Skype service. I found the presentation outstanding for reasons such as the integration of the COBIT 5 to be a level of assurance. I was not aware that such framework existed. Accenture would benefit for reasons such as:

•         Promotion
•         Exposure
•         Licensed use of intellectual property
•       Support of compliance etc…

are just some of the reason why Accenture would benefit from using this framework. I believe that we as a company, truly would need to see whether the consultants have established a significant reason why we should approach this verification framework while we have already adopted the single platform approach.

What the consultants should have allowed more time to focus on is if there are any upgrades or changes to this accreditation framework. If we all think about it, every upgrade or change, the users of COBIT will need to be re-trained and taught the process. As the team did mention that there are high levels of training and course work needed, there will be delays and costs involved each and every time.

I would propose to our managers to allow some time from our business schedules to attend COBIT’s learning seminars or visit an existing partner company who are already using COBIT, to see how the process works. By doing this, they would see if a verification process is truly needed to our already established platform.  I am sure there are steps that we have already taken that COBIT offers and there might also be other alternatives that other companies are using that would be lower in costs and implementation. By scouting, we can eliminate and innovate our own possible verification process if needed.

Thank you,

Jim Lozada

Accenture Managing Team