Unfortunately this is generally not what business executives need. Since exciting new business applications are unlikely to come from the big vendors that wine and dine the CIOs, the business will look to IT to bring them new ideas that technology can enable geneuine value, and help them sift out the genuinely interesting from the slideware and the charlatans. I had a conversation with a business executive in a large company this weekend, who explained that his IT department had recently made a software product from a small vendor "non strategic" in favor of a less functional one from SAP, despite some objections from him. A year later this same IT team has had to admit that his new global retail management information system cannot be delivered by the SAP technology. Just what sort of business value is this IT department delivering to its customers? People working in IT at that company can hardly be surprised when one-third of its IT jobs were recently shifted to India. If IT departments do not bring perceived value, then they are just a commodity cost as far as executives are concerned, in which case they can expect to be treated as such.
The management of IT badly needs to speak the language of business and to become more aligned to the priorities of its customers, rather than its own agendas and technology religious wars, most of which leave business people cold and are perceived as irrelevant. The status quo will see a lot more IT jobs headed towards Bangalore, and not just the low-level programming ones.