Business processes might be relevant, but I can't recall them being the best choice for conveying governance objectives. I guess I need to think this through more.
This looks like a tricky question. I'll need to think carefully about the differences between the options to determine which one best enables conveying IT governance direction and objectives.
Skills and competencies are important too, but without a solid framework like principles and policies, it can be difficult to convey direction and objectives.
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