Published: 01 February 2002
Analyst(s): David Caruso
The Bottom Line: To maximize business strategy alignment and IT budget effectiveness, companies must establish an executive-level organization and institutionalized process for managing IT priorities.After several years of easily green-lighted IT expenditures, CIOs are now under tremendous pressure to justify their Information Technology (IT) budgets in the face of this tough economy. But the pressure doesn't stop there: Demands for improved information systems to support new business processes are escalating. At the same time, CEOs are looking for reductions in IT expenditure. To manage a balance of strategic investment and infrastructure maintenance, corporations must implement new controls and establish IT governance councils to keep their critical priorities in focus and funded.
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