New studies demonstrate the pros and cons of Business Technology deployments, especially as they relate to IT investment strategies. First, the downside: in a recent study of IT management excellence, the results showed the continuing disconnect between finance and IT roles, and the value each one brings to the organization. As the report states: "The lack of alignment within organizations is exacerbated by a lack of awareness on the part of both IT and finance about their own contributions to the problem. Nearly one-quarter of the respondents report that discord between IT, business, and finance is a frequent occurrence when making IT investments." Why Clear IT Processes Matter Lack of alignment is triggering a bigger cascade of problems relating to IT investment. For instance, sometimes companies excuse their lack of IT investment due to limited budget and resources. In reality, "companies are unsure how to define or implement management processes, therefore they are u...
Digital Business Transformation Journal