Developing and retaining IT talent ranks as one fo the largest challenges for IT departments and organizations, according to findings from the McKinsey Global Survey.

The survey asked more than 800 executives about their companies' priorities for, spending on, and satisfaction with IT. Compared to the previous two years, 2013′s respondents are more negative about IT performance than in previous years, saying that IT facilties and organizations are less likely to share knowledge, deliver productivity gains, create new products, enter less markets, and have a reduced ability to track customer or segment profitability.

IT executives held more negative views than their business counterparts. Thirteen percent of IT execs, which made up about 44% of the survey respondents, say their IT organizations are completely or very effective in introducing new technology faster than their competitors, down from 22% in 2012. IT executives are much more likely (28%) to want IT management replacement than business executives (13%) as a way to improve IT performance.

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