The Bermuda Triangle is that mythical place where ships and planes have disappeared under unknown circumstances never to be seen and heard of again. The triangle’s three vertices are in Miami, Puerto Rico and in the island of Bermuda.
In the enterprise there is a similar triangle, with the three vertices representing the line of business managers (LOB), the chief financial officer (CFO) and the chief information officer (CIO). And just like ships can get lost, enterprise IT can fade away in the Bermuda Business Triangle. CIOs need to smartly navigate the tension field between the business, the budget, and IT to ensure the enterprise IT department will not submerge, never to be seen and heard of again. LOB, CFO and CIO have conflicting goals (see Figure below).
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