This new study by Deloitte Consulting LLP's Technology, Media and Telecommunications (TMT) group and the Business Performance Management (BPM) Forum finds that companies are having difficulty anticipating market change and are limited in their capacity to make effective course-correcting action, in large part due to insufficient investment in strategic planning, getting the right information and having the required talent that can look beyond today's sales, profitability, current products, customers and technologies. Only 35% of technology executives say their companies are very effective in managing market altering changes. The study surveyed more than 180 technology industry executives, including qualitative interviews with senior executives involved in strategic planning.