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Making contacting people and communicating quick, efficient and flexible
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Although there is indeed a gap between business and IT when it comes to making decisions and compare apples to apples, I'm not sure if this is the biggest gap that needs to be solved.
In my opinion the real issue is the fact that businesses needs a specific set of solutions, and (historically) IT has done a bad job at delivering what was needed (on time and in budget). It's not a problem of communication, it's a delivery issue. The cause of this is that IT lacks agility, and therefore cannot keep up with the speed at which the business evolves.
If IT doesn't transform the underlying "engine" that is used to deliver to the business what the business needs, then the problem will prevail. The type of solution you describe seems to help these two parties get closer and communicate better, but I don't understand how the real gap can be addressed by just improving communication and expectation management.