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Business Technology Convergence Index
The role of business technology convergence in innovation and adaptability and its effect on financial performance
Executive Summary
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.
A full copy of this research report can be found at: http://www.btminstitute.org/pdf/Business_Technology_Convergence_Index_Final.pdf
Opinions and Reviews
BusinessWeek - Next: Innovation Tools & Trends
Mixing Biz with Tech: Profitable Management Mash-Ups
“A new report that recently crossed my desk from the BTM Institute, a four-year-old non-profit think tank, is a thought-provoking look at how many kinds of companies can move beyond simply being innovative and toward becoming more agile, resilient, and profitable by creating a management mash-up of their business and technology teams.”
- Reena Jana, BusinessWeek Innovation Editor on July 05, 2007
Forbes.com - Management
Technology Convergence Adds Value, Data Show
“Want to know more about why companies such as UPS, Wal-Mart and Starwood consistently best their competition?
The BTM Institute, a nonprofit research think tank, has released a research report showing that companies that converge business and technology reap great financial benefit when compared with those who don't.”
- Matthew Kirdahy on July 07, 2007
CIO Magazine - Management
Study Provides Evidence That Technology Execution Leads to Business Performance
“The fundamental problem when businesspeople use trendy phrases like agility, innovation, resilience and adaptability is that their meaning is not clear. Now the BTM Institute, a nonprofit think tank established to study how best to manage business and technology, has come up with a definition: consistent execution, with constant growth that’s tied to financial performance.”
- Thomas Wailgum on July 25, 2007
CIO Insight Magazine
More Evidence Alignment Pays
“The Business Technology Management Institute, a research think tank organized by Faisal Hoque, chairman and CEO of BTM Corporation, and boasting several top IT academics like James Cash, V. Sambamurthy and Robert Zmud, has released a study on the benefits of alignment and what the authors call "convergence," an even higher level of business-IT cooperation and coordination than mere alignment.”
-Allan Alter on Thursday, July 19, 2007
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