Does IT Strategy Have a Future?
It’s impossible for any organization to escape the growing impact of emerging technologies. Some believe that this impact is so substantial that the merger of IT strategy and business strategy is inevitable. This transformation is well underway. Many organizations have moved business technology oversight into the boardroom.
Recently, we have seen the technology executive becoming part of the board of directors of many organizations. This is a clear indicator of just how dependent organizations are on technology—and keeping up with advancing technologies is a strategic business imperative. (In fact, some economists and strategists have come to the conclusion that technology is what currently powers the global economy.)
Given those observations, many are questioning the role IT plays—and are positioning the business side as being responsible for the technology strategy. Progressive companies have already begun to focus on how best to manage technology within their organization: business versus IT.
Consideration: Stop and think for a moment. Can you imagine a business today that doesn’t depend on technology for its products or to serve its customers? If you can, there are not very many…and their future is questionable.
The management consultants at PWC call them the “essential eight” technologies. They go on to state that &
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