article thumbnail

Is Business-IT Alignment a Paradox? From Alignment to Engagement

Future of CIO

The governance of IT is a key part of the overall enterprise governance Economically, centralized IT has the better purchasing power to negotiate with vendors , manage vendor, and customer relationship, chargeback the business, to run IT as the business, that's new philosophy for modern IT.

article thumbnail

The Holistic IT Governance

Future of CIO

This will help the organization keep a tab on the type of expenditure and ensure that a significant portion of the resource is used to create new capabilities that help business transformation. Business Management- Projects, Innovation, Demand c. Sourcing, Vendor Management, and Control d.