This document discusses enterprise governance and its importance for IT systems. It defines governance as the act of governing and decision making framework for an enterprise. Effective governance anticipates the needs of both business and IT teams. Governance involves creating guidelines that services must comply with to ensure high quality, predictable services. Strict governance standards can increase a company's profits by 10-20% and attract more investors. The aviation industry is provided as an example of how governance ensures aircrafts are built reliably through strict rules. Governance in IT focuses on policies, processes, and people roles. It is important to define policies, apply them at design time, and monitor compliance at runtime.