IT & Business Alignment

Leverage IT to deliver revenue and profit growth

Businesses must generate value from their IT investments if they are to survive and thrive in today’s hyper-competitive marketplace. Two trends have been uncovered by a recent report from The Economist Intelligence Unit:

83% of CEOs and board members believe that the primary mission of IT is to enable revenue generation
In tough economic times CIOs and IT managers will be asked to both enable revenue generation and cut costs. These are no longer considered mutually exclusive options.

The way to achieve these goals is by implementing IT governance mechanisms designed to do so. Hard evidence shows that companies having a disciplined process for aligning IT with business goals deliver, on average, 20% more profit than their peers.

How Knowledgework Can Help

There is a large body of research consistently supporting the real-world benefits of IT governance. Our methodology leverages extensive cross-industry studies performed by MIT’s Sloan School of Management, and the industry best practices of Val IT (IT Governance Institute), COBIT, and the Business Value Index (BVI).

We will use these methods to help you define and implement processes to:

Identify an IT strategy that will deliver revenue and profit growth
Select the IT projects and initiatives that will enable your business to grow
Choose areas in your IT group where cost reductions can be made while still delivering on the projects that have business value