Theory
#strategy #Methods
Theory
- IT Strategy is part of an organization's governance framework
- It is iterative, requiring updating at least on an annual basis, frequently aligned with budget / planning cycles
- The output of an IT Strategy execution is an IT Capability
- The objective of an IT Strategy is to provide value
- Consists of:
- A list of strategic goals with an action plan to achieve each goal
- Aligns Business and IT capabilities rather than designing IT capabilities to support business requirements
- Assuming that both business and IT capabilities drive each other
- Assuming that business drives IT and not the other way around
- Alignment
- Top: Company Vision
- Second: IT Vision
- Third: Strategic IT Objectives
- Fourth: Strategic IT Initiatives
- Fifth: IT Projects
- Business Strategy / Inputs
- Top business pain points -> where they need a solution
- Top business objectives
- What is gained by leveraging IT capabilities across the business
- Does the business plan have a technology plan
- Must address PPT, not just Technology!
- Key aspects:
- Where are we now?
- Where are we going?
- How will we get there?
- How will we measure our progress?