We've been focusing on governance a lot here on the Architecture Management team, but there's still lots of uncertainty about what is meant by IT Governance. Murray clears it up in the Q&A:
The first part is about looking at your IT organization and reasoning about the decision rights, authority so that you know that right people are making right decisions. Policies are a way of informing and constraining those decisions. They provide guidance around the decision process. The second part is about putting in place measurements and controls so that you know that the IT organization is delivering what it needs to deliver to be effective.
We're working on projects like Asset Manager to help with governance of IT assets, and you'll be seeing us add to the collaborative, analysis and accessibility aspects of the solutions over time. Right now, in fact, we're offering a rebate on Asset Manager and WebSphere Service Registry and Repository (WSRR) if you buy them together to help governance of your SOA assets.