<ul><li>The divide between business and IT has been a persistent challenge in organizations for decades.</li><li>Lack of true partnership between business and technology persists despite the importance of technology for competitive advantage.</li><li>Misalignment between business and IT leads to significant costs, with aligned organizations outperforming others.</li><li>Causes of the business-IT gap include different mental models, languages, structural barriers, and cultural differences.</li><li>Steps to bridge the gap include understanding business context, mapping value streams, measuring shared metrics, and creating forums for dialogue.</li><li>Recommendations include experimenting with product-based funding and building trust.</li><li>Initial steps set the foundation for a deeper partnership, with upcoming parts of the series exploring shared understanding and joint ownership of outcomes.</li><li>Practical actions taken today can lead to a lasting value creation for organizations in business-IT partnership.</li><li>Further discussion points in the series include building trust and sustaining long-term partnership.</li></ul>

Why the Business-IT Gap Exists and How to Begin Closing It

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