Ninety-six percent of IT executives surveyed predict a "significant" or "moderate" positive bottom-line impact if an IT strategy were specifically developed to closely align with and support the corporate strategy.
Only 10% of those same respondents, however, report their enterprises have been "extremely successful" in IT and business alignment efforts. Further findings reveal that clearly defined and communicated roles and priorities can significantly improve IT and business alignment.
While there is general agreement on the value of information technology within an organization, only a small percentage of respondents report a high degree of success in IT and business alignment efforts.
* Ninety percent predict that a "significant" or "moderate" positive impact could be achieved by their enterprise if IT spending were explicitly planned, and measured against corporate priorities.
* Sixty-five percent of IT executives say "ineffective communication of business strategy and goals between business management and IT management" represents a "significant" or "moderate" challenge.
* Nearly half (49 percent) say the "lack of defined business strategy" is a "significant" or "moderate" challenge.
* Only 10 percent of respondents report their enterprises have been "extremely successful" in strategy alignment efforts. These respondents are five times more likely to say they are "extremely successful" in aligning IT spending priorities with business spending priorities.