Given the rate of development of the information processing and computer manufacturing technologies and processes – a rate without a precedent in the history of humankind – it is possible now for organizations to transfer almost all of their daily business operations to be carried out by integrated information systems. These integrated information systems must therefore operate within a business environment that is ruled by the rules, policies, regulations and instructions of a corporate governance framework and a related information technology governance framework. The answer for managers and leaders of organizations is to plan for this new operating environment with the proper tools, methodologies and resources.