Today, growth is the top CEO priority, but to achieve this, organizations are being forced to re-orient aspects of their business processes and offerings based on evolving market and customer expectations, with technology as a key enabler. CIOs have a mandate to innovate and make investments in new technology initiatives, but are caught up in spending the majority of their budget on maintenance of current systems.
To deliver game-changing outcomes necessary for growth, IT teams must adopt a Business-Driven Roadmap, a rolling 3 – 10 year plan that translates an enterprise’s business strategy into technology initiatives that enable the enterprise to achieve its objectives. It is “Business-Driven” when technology investments are aligned with business goals, priorities, resources and timing, not with the vendor’s roadmap and goals.