Aligning IT and Business Strategy: The Key to Unlocking Success
Introduction In today’s fast-paced and rapidly changing business environment, companies face numerous challenges in achieving success. One crucial aspect that can make or break an organization is the alignment between its IT and business strategies. According to a study by Gartner, 85% of CEOs believe that IT is critical to their company’s success, yet 70% of IT projects fail to deliver expected business benefits (Gartner, 2020). This staggering statistic highlights the importance of IT and business strategy alignment. In this blog post, we will delve into the definition and concepts of IT and business strategy alignment and explore how it can be achieved. ...