This book equips Board members and C-suite executives with competencies in IT governance. The book will help organizations to navigate the complex path of IT investment and digital transformation. Knowing the right questions to ask will help your organization avoid or reduce the risk of failure. The second edition adds the emergence of Artificial Intelligence (AI) in business providing a summary of AI history, forms and use of AI, and governance controls for the acquisition and operation of AI. The second edition also adds a dedicated governance control for cyber security strategy. The second edition has also been updated to reflect the 2024 edition of international standard "ISO/IEC 38500 Information Technology - Governance of IT for the organization", which provides the framework for the 25 IT governance controls provided in the book.