Focusing in on the construction industry, this article from Constructech explains how the CIO's role in aligning IT and business has changed due to the expansion of IT's involvement in the construction world. In the past, IT was just responsible for keeping the computers running, but now IT has become much more involved in construction's business side. This means that the CIO needs to be as aware of strategic business goals as possible, aligning IT with the objectives of the overall organization.
It can help in many ways: by identifying strategic business goals and helping achieve them, but enabling the organization to utilize IT effectively, and even some more basic methods like workflow optimization:
IT leaders can use technology to meet these goals in a number of ways. For example, business analytics and BI (business intelligence) can help increase company growth, while mobile technologies can be used to attract and retain new clients. Moving to the cloud can reduce some enterprise costs, while collaboration technologies and workflow can help innovate and develop new products and services. These are just a few of the big examples of how IT leaders can align business objectives with technology.
An example of this comes from Hayner Hoyt corp., which recently improved its enterprise resource planning software, allowing for better business intelligence. CIOs must continue expanding the scope of their engagement with business in order to facilitate successful projects, optimizations, and opportunities.