Business top-dogs now expect IT managers and directors to lead e-business projects, according to research carried out by the London Business School and Compass.
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More than half of the chief executives in large companies expect the IT department to take the lead in e-commerce initiatives, according to the World IT Strategy Compass Survey 2000.
In sharp contrast to previous surveys, chief executives expect IT to contribute to the business on three strategic axes. namely, "Customer relationship management, operational excellence and supply chain management, as well as renewal and innovation through knowledge management and adoption of new technologies".
The survey questioned more than 400 chief executives from some of the world's largest organisations, 80% of which had revenue of between $100m (£66m) and $10bn a year.