For many enterprises, information and the technology that supports it represents their most valuable, but often least understood asset. 

Russell Steyn, GM for strategic development at Foster-Melliar adds that successful enterprises recognise the benefits of information technology and use it to drive stakeholder value.  “In South Africa, Corporate Governance and compliance are becoming increasingly more important, and front of mind for many CIOs.  World events such as Enron and Société Générale in addition to tightened regulations are fuelling this drive.”
In line with this, Foster-Melliar will launch its first Control Objectives for Information and related Technology (CoBit) essentials course, with classes scheduled to take place from June 2008.  Foster-Melliar is an official licensee of CoBit content for training, a wholly owned subsidiary of Simeka Business Group and one of South Africa’s leading Business Service Management (BSM) solution providers.  
The need for assurance about the value of IT, the management of IT-related risks and increased requirements for control over information are key elements of enterprise governance.
“Aligning IT and organisational goals is essential for company success. CoBit is a framework that provides both the IT organisation and the business with the necessary assurances that the technology, people and processes underpinning IT service delivery are sound. CoBit ensures that the right things are being done and that they are done right, to coin an old phrase,” says Russell.
Foster-Melliar’s CoBit Essentials Course will provide delegates with a set of best practices specifically associated with information technology management.  CoBit is one of the best practice frameworks such as ITIL, Prince2 and ISO 20000 that has become the quintessential standard in the IT service industry and plays a vital role in the process identification that forms the foundation of successful Business Service Management (BSM) solution.
“The CoBit Essentials Course is predominantly aimed at IT executives, leaders, developers and related positions and is aimed at providing delegates with the competency that is needed to successfully align IT goals and objectives with that of the business, understanding the CoBit auditing method, and will arm delegates with the knowledge that is needed to complete the official certificate exam issued by ISACA,” concludes Russell.