Bain & Company surveyed 359 U.S. companies and found that 60% say IT has become an obstacle to growth! Their computer systems have become too complex and do not provide the expected results. The report reveals four factors that largely contribute to the perception by executives that IT is a bottleneck to growth in their companies:
- Poor business alignment – two-thirds of senior business executives strongly agreed or agreed that IT didn’t understand their business needs or their companies failed to adequately coordinate business and IT changes;
- Weak value delivery – 67 percent of respondents strongly agreed or agreed that existing IT was underexploited or systems didn’t deliver promised capabilities;
- Capability sourcing gaps – one-third of respondents strongly agreed or agreed that there was a lack of IT or vendor skills;
- Ineffective complexity management – nearly half of respondents strongly agreed or agreed that their complex legacy systems lacked the flexibility to stay current with business needs.
Read more at Bain In The News
0 Responses to “Obstacle to Growth”