Applied Abstractions has a report on the symposium Executive Leadership and Information Technology – A Fragile Dance.
Just a couple of quotes:

Jim Cash considers IT-business-alignment – the notion that the business should come up with a strategy, and IT align with that – outdated. In the companies he is involved with, there is an IT/business convergence – and no new strategy is contemplated without thinking about the influence of technology and technology evolution on the specific business environment.

A good way of understanding the new technology is to see the Internet not as wiring diagram, through which messages are sent, but as platform for inter-company applications. – John Seely Brown