New research: "inept" IT management in UK

Research conducted by the Chartered Management Institute, a UK-based professional body dedicated to management and leadership, suggests that IT leaders in the UK are notoriously poor managers:
[A]n overwhelming majority (84 per cent) grapple with the challenge of ‘prioritising work’. Two-thirds (63 per cent) claim to have ‘little time to think’ and 53 per cent also say they struggle to find ‘time for strategic planning’. Only 5 in 10 find it easy to make time for their staff, while a similar proportion (44 per cent) are diverted by internal politics.
ComputerWeekly describes management as "inept," adding:
After conducting research of 1,175 IT executives, the institute concluded that managers and directors in the IT sector cannot prioritise workloads and fail to finish projects.
"If IT is a management function, then it is pretty damning that the managers cannot manage," said a Chartered Management Institute spokeswoman. "The problem goes right to the top."
The UK has certainly been a hotbed of IT failures (see here, here, and here, to name just a few examples), so perhaps the survey is accurate. While generalizations are always dangerous, this research doesn't paint a pretty picture of IT in the UK.