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Introduction

One of the top IT companies is Novotech Inc., which specializes in software development and IT consulting. Novotech Inc., which employs more than 1,000 people, works to promote innovation, sustainability, and growth by upholding sound governance and efficient management procedures. The enterprise governance and management procedures of the business are examined in this study together with their advantages and shortcomings. Additionally, it offers suggestions for modifications and foresees the possible effects of these improvements.

Enterprise Governance and Management Strong Points

Unambiguous Organizational Structure: Novotech's well defined organizational structure facilitates decision-making and communication at all levels. While senior management successfully implements these initiatives, the Board of Directors actively engages in strategic decision-making.

Strong Risk Management: The business has a thorough framework for risk management that recognizes, assesses, and reduces any hazards. The firm is now more resilient to operational interruptions and market swings thanks to routine risk assessments and backup plans.

Technology-Based Ethical Decision-Making Processes Innovate adheres to the highest moral principles. Every employee abides by the company's code of ethics, which places a strong emphasis on responsibility, openness, and honesty in all business dealings. Emphasis on Innovation: Through specialized research and development (R&D) teams, the organization promotes creativity and innovation. Novotech has kept a competitive edge in technological breakthroughs by investing a substantial amount of money in research and development.

Things That Need to Be Improved

Performance Management: Novotech's performance assessment system is antiquated and mostly relies on yearly reviews, which frequently fail to provide prompt feedback, even if it has a clear framework. Workers believe that their achievements are not acknowledged quickly, which might have an impact on their motivation and output. Evidence of Need for Improvement: Employees' discontent with the performance management system, which they attribute to its inconsistency with their career development objectives, is shown by frequent surveys.

IT Infrastructure: The company's internal IT infrastructure is inadequately optimized, despite its pride in technical innovation. Outdated technology and slow network connections have an impact on worker' happiness and productivity (Al-Lawati & Draper 2022; Weinberg,2021; Prakash, et al 2022). Signs of Improvement: Frequent personnel grievances and longer outages point to inefficiencies in the existing IT configuration.

Diversity and Inclusion: Despite Novotech's support for diversity, its top management ranks exhibit a conspicuous lack of diversity, which restricts viewpoints in strategic decision-making. Sign of Improvement: A recent diversity audit revealed that some groups are underrepresented in positions of leadership.

Effects of Enhancements

Reimagining Performance Management: By emphasizing accomplishments in real time and coordinating individual aspirations with company goals, a continuous feedback system will improve worker engagement and productivity.

IT Infrastructure Upgrade: By giving workers better tools to complete their jobs, modernizing hardware and putting in place quicker, more dependable network solutions can reduce downtime, increase productivity, and promote employee morale (Al-Lawati & Draper 2022; Weinberg,2021; Prakash, et al 2022). Strengthening Diversity and Inclusion Initiatives: A diverse leadership team will be guaranteed by putting targeted recruiting and promotion initiatives into practice. In decision-making processes, this will increase the variety of perspectives and ideas, encouraging creativity and a more welcoming work environment.

Suggestions and Assessment

Establish Continuous Feedback Systems: By switching from yearly evaluations to a continuous feedback model, performance conversations will become more lively and fruitful. This change has the potential to boost productivity and employee happiness.

Invest in IT Overhaul: Putting money into modernizing IT assets will solve present inefficiencies and ensure the infrastructure of the business is future-proof, which will provide long-term advantages. For example, the efficiency, security, and competitiveness of a business may all be considerably increased by investing in an IT revamp (William, 2025; Altenhoff, et al., 2021). Below are a few strategies for approaching and funding such a project:

Evaluation and Audit:

To determine the present IT infrastructure's SWOT analysisstrengths, weaknesses, opportunities, and threatsconduct a comprehensive review and audit. An organization may evaluate and comprehend the internal and external factors that could present opportunities or hazards by using a SWOT analysis (Khan, et al., 2021; Niederwieser, et al., 2016). Analyze system scalability, security flaws, and performance to determine which areas need urgent attention.

Update your software and hardware:

Modern, effective computers that support the most recent software and apps should be used to replace obsolete technology. To guarantee compatibility, security, and access to new features, update software systems to the most recent versions.

Cloud computing:To improve collaboration, scalability, and data storage, spend money on cloud computing solutions. Consider private, public, or hybrid cloud options based on the demands of your company and any applicable laws. Strengthening Cybersecurity:Install cutting-edge cybersecurity tools including intrusion detection systems, firewalls, and encryption (Abed, et al 2025; Arshad, et al., 2024., Algethami & Alshamrani, 2024). Educate staff members on cybersecurity knowledge and data protection best practices. Systems for managing data:

To better handle massive amounts of data and derive insightful information, implement or update data management and analytics technologies. For effective data access and analysis, make advantage of data lakes, warehouses, or other centralized storage options. Infrastructure for Networks: To increase speed, dependability, and security, upgrade networking hardware such switches and routers. For safe remote access, think about establishing a virtual private network (VPN).

Solutions for Enterprise Software:

To connect essential corporate activities, spend money on enterprise resource planning (ERP) technologies. To enhance client interactions and retention, use customer relationship management (CRM) software (Tomic & Jovanovic, 2016; Chorafas, 2001).

Training and Development of IT Staff:

To keep IT workers abreast of emerging technology and industry best practices, fund continuous training initiatives. Promote professional growth by offering courses and certifications that are pertinent to the tech stack of your company.

Contract out your IT services:

To take advantage of their experience and cut expenses, think about contracting out some IT tasks to other parties. Routine maintenance, support, and monitoring duties can be handled by managed service providers (MSPs).

Tools for Performance Monitoring:

To keep tabs on system performance and identify problems before they become serious, implement performance monitoring tools. Analyze the IT infrastructure's performance data on a regular basis using analytics (William, 2025; Altenhoff, et al., 2021).

Tailored Development:Consider bespoke development suited to your organization's unique requirements if proprietary systems or apps are required. Work together with stakeholders to make sure that unique solutions complement corporate goals.

Change management and project management:

To supervise the IT revamp process, put in place a strong project management structure. To handle possible organizational opposition and guarantee the seamless implementation of new technology, create a change management strategy. Your IT overhaul plan may revolutionize your IT operations by concentrating on these areas and bringing them into line with the most recent developments in technology and business objectives (William, 2025; Altenhoff, et al., 2021).

Strengthen Diversity Programs: Start campaigns to encourage inclusive recruiting procedures and provide training courses on inclusive leadership and unconscious prejudice.

In conclusion

In summary, Novotech Inc. has strengths in several crucial governance and management domains, while other areas call for strategic enhancements. Novotech can improve its overall organizational performance, employee engagement, and operational efficiency by tackling these issues. Significant improvements are anticipated because of the recommendations made, guaranteeing that the business will continue to be flexible and competitive in a changing industry.