This IDC study provides CIOs and IT executives with an overview of the IDC IT Executive Program's (IEP's) Enterprise IT Transformation Practice area. It explains the area and scope of the practice and lays out the key issues and describes the main research themes focused on addressing those issues. It explores the benefits and challenges of addressing these issues so that CIOs and the IT leadership can assess the role of enterprise IT transformation in the context of their enterprise, strategies, goals, and priorities. This study focuses on enterprise IT transformation, IT strategy and governance, and services transformation."The need to transform will only increase. It is no longer going to be easy to complete a transformation and lay easy, because the pace of changing business conditions and market forces will require transformation on an ongoing basis," says Sanjay Gupta, adjunct research advisor with IDC's Research Network. "These transformations are likely to be shorter in duration and yet more impactful. As such, CIOs and their leadership teams will have to become accustomed to and comfortable with being more nimble and adaptable."