Here's one of life's little ironies: A recent study finds that business leaders unhappy with their in-house IT shops are more likely to increase their spending on new technology. In fact, according to 437 execs interviewed by Forrester Research at a variety of businesses and industries across the country, the less-than-thrilled are growing their IT spending this year at twice the rate of their more-satisfied counterparts. The survey found that 34% of the respondents were dissatisfied with their IT shops' performance. Those also were the offices that tended to be technology laggards and where there tended to be more turf struggles and less of a focus on improving products and processes. The Forrester researchers found that happy campers tend to be those who focus on improving productivity and product and process quality rather than simply aiming to cut costs.

Complete your profile to continue reading and get FREE access to CUTimes.com, part of your ALM digital membership.

Your access to unlimited CUTimes.com content isn’t changing.
Once you are an ALM digital member, you’ll receive:

  • Breaking credit union news and analysis, on-site and via our newsletters and custom alerts
  • Weekly Shared Accounts podcast featuring exclusive interviews with industry leaders
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the commercial real estate and financial advisory markets on our other ALM sites, GlobeSt.com and ThinkAdvisor.com
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.