Nicholas Carr points out a recent article in The McKinsey Quarterly entitled "What IT Leaders Do" which suggests that "governance initiatives often end up making a bad situation worse". I fully agree! Getting governance "right" is a real challenge, and, yes, it does require real leadership. If you are interested in the topic, the referenced article is worth reading in full, as are many of the governance-oriented articles which have shown up in The McKinsey Quarterly over the past few years. I recommended a few in particular some months ago.