Correct Answer: CUpdating the IT steering committee's formal charter would involve revising its mandate or scope to include decision-making authority that extends to regional offices, as required in the consolidated IT operating model. This update would ensure that the committee's responsibilities and decision-making processes align with the organization's new structure following the merger. It would also clarify the committee's role in overseeing IT governance and strategy at both the central and regional levels, promoting consistency and alignment throughout the organization.