Take control of technology that will affect your company, this is the recommendation of the report recently released by McKinley. The school of thought behind IT has changed over the years, IT executives have attempted “to align the IT function with the business”, McKinley suggests that they take control of IT. Below are some excerpts from the article.
“Technology is making boundaries between industries more porous and providing opportunities for attacker models. Companies are harnessing technologies such as social media and location-based services to reinvent the customer experience and capture market share.”
“McKinley's research shows that, on average, large IT projects run 45% over budget and exceed deadlines by 7%, while delivering 56% less value than predicted.”
“These risks can be managed by monitoring the portfolio carefully and deploying effective processes that assure value will be created”