The Role of IT Governance in Shaping Organizations’ Technology Adoption Decision

Abstract

The adoption of new technology is crucial for an organization's existence since it decreases the likelihood of human mistake while increasing productivity and communication speed. Every firm must pick the right technology and implement different tactics to increase performance and efficiency to thrive in the cutthroat market. The head of an enterprise often plays a key role in choosing and implementing appropriate technology. There are appropriate laws, norms, and governances that aid in comprehending the fundamental structure behind the adoption of new technologies. Its governance is under the control of the board of directors or senior management.Enterprise governance, which comprises of organizational structure, leadership, and policies, needs it as a key component. It ensures both the aims and objectives underpinning the technology acceptance model as well as the adoption of new technology. The board of directors, who have the primary power inside an organization, oversees determining how much it will cost to run that business and how productive it will be. The task also includes determining what requirements must be met to survive in a cutthroat market. The right application of codes and practises that can direct the board in choosing the most appropriate technology to fulfil the objectives is necessary since technology is always evolving. A good IT governance framework is required for assessing the rules and regulations for the appropriate usage of technology.