Management consultancy McKinsey & Co. surveyed business executives from across functions about their companies top IT priorities. More than 800 executives responded. The results were published in late March. McKinseys takeaway: Organizations are using IT to improve business effectiveness and efficiency, not just manage cost. The following are McKinseys top eight IT priorities.
#1 Improving Effectiveness of Business Processes
#2 Improving Cost Efficiency of Business Processes
#3 Providing Managers with Information to Support Planning and Decision-Making
#4 Reducing IT Costs
#5 Creating New Products or Services
#6 Ensuring Compliance with Regulations
#7 Managing Risk
#8 Entering New Markets
This slideshow originally appeared at Information Management. See also:10 Business Intelligence Trends for 2014.