Not in this lifetime
I work for a major world player in the household appliances industry as a department head. One of my responsabilities is IT for our department, meaning I interact with the IT-buyer and am responsible for local developments (I write a fair few programs myself), while the 'IT-guys' in our comapny are mainly based in other countries. You can consider me as an IT-guy on the business-side. This gives me a unique perspective on the relation business-IT. My experience is that these last couple of years, the gap - or chasm - is only growing larger, to the extent of having to remind some people that we're all employed by the same company with the same goals to work towards.
Where a few years ago, we actually 'talked', it would seem now that IT has built this almost inpenetrable wall around itself. From the business-side, to get anything done, the amount of red tape to go through is mind-boggling. Things like SOA (the infamous Sarbannes-Oxley Act) are frequently used as an excuse of getting things past us business guys that before would never have been possible. On the business management side, there is simply not enough knowledge to differenciate between genuine rules that have a base in reality and deserve to be implemented, and useless bureaucratic nonsense that is there only to safeguard someone's job.
So, excuse me if I'm a bit sceptical towards the point you were trying to make.