The Business / IT Alignment Challenge
“The United states is losing almost as much money per year to IT failure as it did to the financial meltdown. However the financial meltdown was presumably a one-time affair. The cost of IT failure is paid year after year.” R. Sessions
Why does IT enable business growth, innovation, and efficiency in some organizations, while only earning the contempt of business leaders in others?
The answer is often Business/IT alignment. In organizations that are unsuccessful in aligning business and IT, the blame, angst, and even contempt is often mutual. On the other hand, organizations that are well aligned consistently deliver substantial shareholder value.
In a recent study by Roger Sessions, he concluded that the IT failure worldwide costs the world economy a staggering $6.2 trillion per year, or $500 billion each month!
Sessions believes, and we agree, that this problem is solvable by successfully aligning Business and IT.
Not only will the solution bring compelling financial rewards, it will bring many other rewards as well, such as:
- Reducing complexity
- Helping small and mid-sized businesses become more competitive
- Increasing the agility of organizations
- Boost customer satisfaction
- Making the workplace a more collaborative environment
- Delivering IT systems on-time and within business expectations
Need more proof? an IBM recent study showed substantial benefits to business / IT alignment
Businessways’ focus and expertise is Business/IT alignment.
Call or email us today to discuss how we may help you.
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