How IT Responds to Shifting Business Demands

 
 
Posted 05-29-2015 Email
 
 
 
 
 
 
 
 
 
  • Previous
    How IT Responds to Shifting Business Demands
    Next

    How IT Responds to Shifting Business Demands

  • Previous
    Top IT Priorities: Business Minded
    Next

    Top IT Priorities: Business Minded

    74% of surveyed global execs said their company is looking to improve IT's support of strategic and operational plans of the business.
  • Previous
    Top IT Priorities: Agile Action
    Next

    Top IT Priorities: Agile Action

    48% of those surveyed said their company is seeking to increase IT's ability to respond swiftly to changes in business demands.
  • Previous
    Top IT Priorities: Lean In
    Next

    Top IT Priorities: Lean In

    48% said their company wants to drive down the cost of IT functions through efficiency and productivity improvement.
  • Previous
    Top IT Priorities: Customer Facing
    Next

    Top IT Priorities: Customer Facing

    32% said they're looking for IT to improve their company's customer experience/service levels.
  • Previous
    Risk Factor: Vulnerable Position
    Next

    Risk Factor: Vulnerable Position

    49% feel that risk related to the security of cyber-information should increase in 2015.
  • Previous
    Risk Factor: Heated Rivalry
    Next

    Risk Factor: Heated Rivalry

    48% said that the risk associated with intensified competition is likely to intensify this year.
  • Previous
    Risk Factor: Mandatory Compliance
    Next

    Risk Factor: Mandatory Compliance

    42% said risk related to regulatory requirements will probably increase in 2015.
  • Previous
    Risk Factor: HR Issue
    Next

    Risk Factor: HR Issue

    41% feel that risk associated with the need to access critical talent will likely grow this year.
  • Previous
    Risk Factor: Game-Changer
    Next

    Risk Factor: Game-Changer

    30% said that risk related to disruptive innovation will increase in 2015.
  • Previous
    Agenda Item: Market Watch, Part I
    Next

    Agenda Item: Market Watch, Part I

    82% said that expanding their company's product/service portfolio into existing markets is one of their top priorities.
  • Previous
    Agenda Item: Market Watch, Part II
    Next

    Agenda Item: Market Watch, Part II

    63% said that one of their top priorities is to expand their company's existing product/service portfolio into new markets.
  • Previous
    Agenda Item: Reinvention Underway
    Next

    Agenda Item: Reinvention Underway

    65% said innovating their company's business model, product and service offerings remains a top priority.
 

Business executives believe improving IT's support of strategic and operational business plans remains a top priority, according to a recent survey from The Hackett Group. The report, titled "IT Key Issues in 2015: Innovation and Agility Are Driving the IT Agenda," reveals that CIOs and their tech teams must respond more quickly to shifts in business demands, while decreasing expenses through greater efficiencies. The survey findings essentially break down into three topic points: top IT priorities for the year ahead, business strategies for 2015 and anticipated risk factors during the same time period. To effectively respond to these areas, CIOs must overhaul the IT service delivery model to better support the convergence of business and tech. "The best IT leaders are realizing that the way they've operated in the past no longer cuts it," said Scott Holland, IT executive advisory practice leader for The Hackett Group. "The traditional mindset of building systems that are robust, predictable and 'to spec' isn't enough anymore. Yes, you need to keep the legacy systems running. But greater agility and flexibility is required, and IT (must) turn on a dime to support the changing needs of the business and create real strategic advantage." Executives representing more than 170 global companies took part in the research.

 
 
 
 
 

 
 
 
 
 
 

Submit a Comment

Loading Comments...
 
Manage your Newsletters: Login Register