Moving from Shadow IT to IT-Business Joint Ventures

Moving from Shadow IT to IT-Business Joint Ventures

  • February 2021 •
  • 8 pages •
  • Report ID: 6021567 •
  • Format: PDF
This IDC Perspective introduces the concept of joint ventures between IT and lines of business (LOBs), describes the concept, and explains why it is important, who the key stakeholders are, and how CIOs can leverage and support LOB IT efforts. CIOs increasingly find themselves in untenable situations -- caught between crushing demands from the business for IT innovation and LOB organizations doing end runs around the IT organization to satisfy their pressing IT needs. If this approach is left unchecked, CIOs will be dealing with frustrated business leaders, security holes, and disconnected solutions. Savvy CIOs are joining forces with their LOB peers to create joint ventures between LOBs and IT, a collaboration that leverages the best of both worlds to form larger and more effective virtual IT organizations."Joint ventures between IT and LOBs are one of the biggest opportunities available for CIOs to establish IT relevance," says Marc Strohlein, adjunct research advisor, IDC's IT Executive Programs (IEP). "CIOs who figure out how to leverage, not just sanction or control, LOB IT will prosper, as will their enterprises."