First, the bad and the ugly from The McKinsey Quarterly study called McKinsey Survey on information technology strategy and spending.
Some of the most interesting take-a-ways include:
• Two-thirds of respondents--who include CIOs, CTOs and other senior-level people--say their organizations are at risk from information- and technology-based disruption
• Over 40 percent of respondents favor improving the talent of IT staff and increasing the accountability of business units for implementing IT initiatives
• Only 23 percent of executives expect to increase their operating costs in 2009, while 43 percent expect to reduce them
Now, some good. When asked about effectiveness of delivering IT projects on time and on budget, 30 percent of respondents did say they were extremely effective, while 38 percent said they were somewhat effective. (Check out PMI president and CEO Gregory Balestrero's perspective on the study and what it means to project managers.)
A study of more than 1,000 companies claims the economic downturn is pushing more and more companies to invest in green IT technologies. Twenty-five percent of companies are implementing a comprehensive green IT program, up from 15 percent last year and up from 20 percent in April 2008.
While the motive may be selfish--saving money on energy costs--it doesn't diminish the outcome.
38% Effective? I wonder what would happen if that new aircraft carrier launched by the US Navy was 38% effective? Or if you repainted that spare bedroom in your house and it was deemed 38% effective. As an IT consultant for over 20 years I find that most people are in love with the technology and not the business application that it is supposed to support. IT has to work FOR the business, the business isn't there to support the IT group.