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Enterprise Governance Needs Urgent Transformation to Support the Digital-First Economy and Move to Low-Code

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BOSTON, Oct. 27, 2021 /PRNewswire/ — IT governance urgently requires a seismic shift in its approach to overseeing technology adoption to protect and deliver value in today’s transformed, digital-first enterprises, according to Mendix and leading research firms and business experts. A recent Gartner survey1 found that 70% of cross-functional leaders say their companies’ governance models are not designed to fit the needs of digital business teams. Additional reports by the Harvard Business Review, MIS Quarterly, and IGI Global pulled no punches, flatly stating that widely practiced governance protocols are “failing,” “killing innovation,” and “delivering substandard results” when measured against enterprise KPIs and mission-critical business goals.

The concept of IT governance emerged in the early 1990s. Initially, IT governance had three key objectives: Make certain that technology generates business value, oversee management’s performance,…

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