Governance of Enterprise IT (CGEIT) Certification Practice Exam

What is the primary focus of Executive Management in relation to the board's expectations?

1. Cost efficiency

2. Revenue enhancement

3. Capability building

4. All of the above

The correct answer is: All of the above

The primary focus of Executive Management in relation to the board's expectations encompasses a comprehensive approach that includes cost efficiency, revenue enhancement, and capability building. Each of these elements plays a critical role in achieving strategic goals and aligning with the vision of the organization. Cost efficiency is essential for ensuring that resources are utilized effectively, which directly impacts the organization's profitability. By focusing on optimizing operational costs, Executive Management can sustain and enhance the organization's financial health. Revenue enhancement is equally important, as it pertains to strategies that increase income streams. This could involve expanding market presence, launching new products, or improving sales strategies, all of which are vital for fostering growth and achieving long-term success. Capability building relates to developing the skills, processes, and technologies necessary for the organization to thrive in a competitive environment. This focus ensures that the organization remains agile, innovative, and capable of adapting to changing market conditions while also meeting the board’s expectations for future growth and sustainability. In summary, the holistic approach of Executive Management in addressing the board’s expectations reflects a balanced focus on enhancing cost efficiency, generating revenue, and building organizational capabilities. This recognition of interconnected priorities is vital for driving overall business performance and fulfilling strategic objectives.