CIOs: Pushing the IT business value envelope

Successful businesses understand the needs of customers and their markets, and execute business strategies to establish their competitive positions. Consistent with their business goals, these businesses use extract commodities, make goods, deliver services, and provide other tangibles and intangibles to stay competitive. They also reevaluate their business vision, increase business values, and change to gain advantage over their competitors. IT not only has been essential to business management and operation, but has also provided significant strategic leverage to businesses.