In today's unsettled economic environment, forecasting the future is especially challenging, yet it is a necessary step in strategic planning and a worthwhile exercise. Last year, for example, the analysts of the Business Management of IT research group described three possible scenarios for the economic, geopolitical and societal shifts that we believed were most likely to occur. We also offered the "telltale signs" for clients to use to determine when each scenario was coming true. Many of our predictions were realized, helping clients to prepare for change. For 2003, we believe that the events on the horizon that will significantly affect IT management are slightly more predictable.   Read more		Barbara Gomolski Editor in Chief Business Management of IT

			Pressure to Change the IS Management Model Will Increase 22 November 2002 Robert Mack  Once the economic climate brightens, enterprises must alter their business models to enable global collaboration, which will require IS organizations to rethink how they'll manage enterprise IT assets.

	Global Virtual Collaboration Will Force Systemic IS Change 21 November 2002 Colleen Young  Susan Dallas  Accelerated globalization of markets and external service providers drives virtual collaboration. This creates major opportunities and threats for the IS group, resulting in an imperative for systemic transformational change.		CIOs to Make Their Enterprises Real-Time Responsive 13 November 2002 David Flint  Mark Raskino  An astute minority of enterprises already recognizes the value of the real-time enterprise. To better manage rapid and ongoing business, as well as economic change, more enterprises will follow suit.
	IT Budgeting to Be Co-opted by Just-in-Time Funding 20 November 2002 Robert Mack  Barbara Gomolski  The once-annual IT budgeting exercise, and the associated financial checks and balances, will evolve into an ongoing effort in most enterprises.		Short-Term IT Investment Focus Will Hike Risk and Cost 22 November 2002 Bill Kirwin  Jack Heine  A continued cost-cutting imperative will impair IS service delivery and harm enterprises' IT infrastructures, while increasing longer-term cost and risk. Now is the time to adopt a crisis management mode on this issue.
	On a Rising Economic Tide, Most Enterprises Will Founder 20 November 2002 Robert Mack  Most enterprises overreact during an economic downturn, and are unable to react quickly enough to gain a competitive edge during an upswing. Watchful IS organizations can help business partners to prevent this from occurring.