Bridging the Gap Between Technology and Strategy: The Limitations of IT and Business Strategy Alignment
Introduction In today’s fast-paced business environment, technology plays a vital role in driving success. However, for many organizations, Information Technology (IT) and business strategy alignment remains a significant challenge. According to a study by McKinsey, only 30% of companies believe their IT function is aligned with the company’s overall business strategy. This lack of alignment can lead to wasted resources, misallocated investments, and poor decision-making. In this blog post, we’ll explore the limitations of IT and business strategy alignment, and discuss potential solutions to overcome these obstacles. ...