For many this clouds the purpose, ideals and objectives of the company, at a cost of lost business and opportunities. Perhaps, and probably when disaster is staring them in the face. What does this most often achieve?
British Energy's IT department has also standardised processes through the use of the Control Objectives for Information and related Technology (Cobit) best practice guidelines, Itil and Prince2 project management.
Software plays an important role in effective programme management but even more essential is an organisation's ability to first create clear business goals for the given programme, according to industry experts.
The buying itself also plays a part in exec involvement. and setting strategic objectives for the project. Today, senior executives agree the strategic objectives", he said, leaving the consultants the relative crumbs of overseeing implementation.
This plays as a competitive factor as corporations seek to reduce the number of banking relationships. The introduction of the Payment Services Directive will encourage this further, and many banks will face uncertain futures in their payments...
Despite the apparent thawing of this traditionally frosty boardroom divide significant obstacles still remain. Aligning IT strategies to business objectives is one of the most fundamental factors for deriving value from technology.
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