An unsolved problem in the field of IT strategic management that could be addressed by additional research is the lack of effective alignment between IT strategy and overall organizational strategy. Organizations across industries are heavily reliant on IT systems and technology to drive their business operations and support their strategic objectives. However, there is often a significant gap between the IT strategy and the broader organizational strategy, which can result in a range of negative effects for stakeholders.
One of the negative effects of this misalignment is the wasted resources and missed opportunities. When the IT strategy is not aligned with the organizational strategy, resources such as time, money, and manpower can be invested in IT initiatives that do not contribute to the overall goals of the organization. This can lead to inefficient use of resources and missed opportunities to leverage technology for competitive advantage. For example, a company may invest in developing an advanced analytics system without properly considering its relevance to the organization’s core business objectives, resulting in wasted resources and limited benefits.
Another negative effect is the lack of IT-enabled innovation. Technology has the potential to drive innovation and create new opportunities for organizations. However, when the IT strategy is not aligned with the organizational strategy, there is a risk of missed opportunities for IT-enabled innovation. For instance, a company may fail to explore emerging technologies and their potential applications due to the lack of alignment between the IT and organizational strategies. This can hinder the organization’s ability to stay competitive and adapt to changing market dynamics.
Additionally, the lack of alignment between IT strategy and organizational strategy can lead to poor decision-making. IT investments and initiatives should be guided by the organization’s overall goals and objectives. Without alignment, decision-making in IT strategic management may be based on personal preferences, individual departmental goals, or short-term thinking, rather than a holistic view of the organization’s strategic direction. This can result in suboptimal or even detrimental IT decisions that do not align with the long-term goals and needs of the organization.
In conclusion, the lack of effective alignment between IT strategy and overall organizational strategy is an unsolved problem in the field of IT strategic management. This problem can lead to wasted resources, missed opportunities for IT-enabled innovation, and poor decision-making in IT investments and initiatives. Further research is needed to identify the underlying causes of this problem and develop strategies and frameworks to improve the alignment between IT strategy and organizational strategy.