Technology is a major expense in the modern corporation and is deeply embedded in every aspect of doing business. Moreover, it has become the critical enabler of strategic imperatives – to be agile, resilient and innovative. These responses to the hyper-competitive global economy are interrelated, and accomplishing them requires converging business and technology. This can be achieved through certain organizational “constructs,” i.e., management behaviors, which have been identified in research and confirmed in practice. These constructs establish a foundation on which corporations can build innovative business models, including those designed for developing parts of the world. And they ultimately yield superior financial performance for the enterprise as a whole. This BTM Institute research report introduces an index that highlights the connection between corporate financial performance and business technology convergence.
