The findings reveal that the opinions of IT decision makers are being ignored as a result of politics around the ownership of e-business. Lack of control is seen in the fact that just under a third of those interviewed do not know what percentage of their IT budget was spent on e-business over the last year.
The research was conducted by Mori on behalf of ICL among 171 IT decision makers in the UK, and found that more IT decision makers (25%) feel that internal politics are more to blame for the lack of e-business initiatives than security issues (18%). A further 38% are deterred by the cost of e-business technology. The fact that internal politics accounts for such a high percentage means that traditional priorities are not being considered in e-business strategies resulting in insecurity and conflict within the organisation.
If businesses do not take cyber security seriously in their business planning regulators may do it for them, the ICAEW has warned
The Financial Reporting Council has issued guidance regarding the annual reporting of 1,200 large and smaller listed companies. The letter highlighted the key issues and improvements that can be made in the 2016 reporting season
Deloitte's north-west Europe foray; BDO, Smith & Williamson investment paths; Shelley Stock Hutter; and Wilkins Kennedy discussed by editor Kevin Reed on our Friday Afternoon Live broadcast
Company bosses are considering relocating operations or headquarters away from the UK following the country's decision to leave the European Union