Very interesting results from the Diamond Digital IQ for 2010.
Key Findings from Diamond’s Third Annual Digital IQ Study:
* 60% of executives (business and IT) don’t know how much they spend on technology.
* Almost half of the respondents say that IT leaders don’t share the same understanding of the businesses strategic direction that the business executives have.
* Fewer than 25% of respondents say the CIO’s role in innovation is to drive new value through market-facing initiatives.
* 47% of executives (business and IT) are neutral or agree with the statement that the CIO does not have a positive working relationship with the business leaders.
* Firms that benefited most from growth maintained some level of strategic and innovative investment, and followed through on strategic ideas, implementing them effectively.
The first bullet point blew me away. I suppose it makes sense after thinking about it for a few minutes…nah, I still can’t believe it. How can a business be effective and compete in the market if the leaders don’t have a clue what they’re spending? Is it because they don’t want to know, can’t know or just haven’t taken the time to know? I’m not sure which option is worse, to be honest.
Now put this into perspective and understand why, if execs know about this deficiency, they’re so anxious to justify spend on programs with perceived nebulous definitions and ROI like Enterprise Architecture.
Read the complete report in all its gorgeous PDF-ness by clicking here
Related Wisdom:
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Who Needs a Vision?
24 August 2010 1:43 PM | No CommentsThe vision is important. The purpose of the organization and its mission are critical to get right. Without it, how do you know what your objectives are? How do you know what you're doing? How do you measure your activities? How do you know you're being successful? How do you know you won't be reorg'd into the unemployment line?
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The Illusory Maturity of EA
30 September 2010 12:24 PM | No CommentsEA, like the business and IT philosophies that underpin it, is constantly changing. If enterprise architecture is an architecture in which the system in question is the whole enterprise (including business processes, technologies, and information systems), then there will always be dynamism to it. These elements and components are under constant change.
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Is Enterprise Architecture even worthwhile?
05 August 2010 1:57 PM | No CommentsArchitects often struggle to articulate what they do, what the value is that they provide. Consulting firms make millions helping folks with strategies to describe, highlight and demonstrate that value. How can it be that years and years into the maturation of Enterprise Architecture we still have problems telling the business why they need us?
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