Monday, 18 November 2013

IT Strategy Formation - Alignment, Transformation, Enablement and Optimization

Definition of Strategy: A strategy is the art of using battles to win wars,  by Carl von Clausewitz (1780-1831) and Strategy is the practical adaptation of the means placed at a general's disposal to the attainment of the object in view.” by Helmuth Karl BernhardGraf von Moltke (1800 -1891)
IT Strategy: IT strategy is a comprehensive plan that information technology management professionals use to guide their organizationsAn IT strategy should cover all facets of technology management,  cost management, human capital  management, hardware/software management, vendor management, risk management and all other considerations in the enterprise IT environment.
Executing an IT strategy requires strong IT leadership the chief information officer (CIO) and chief technology officer (CTO) need to work closely with business, budget and legal departments as well as with other user groups within the organization.
Many organizations choose to formalize their information technology strategy in a written document or balanced scorecard strategy map.  The plan and its documentation should be flexible enough to change in response to new organizational circumstances and business priorities, budgetary constraints, available skill sets and core competencies, new technologies and a growing understanding of user needs and business objectives.
IT Strategy Development and Planning
  Strategy Key Drivers :
1. Vision long-term, encouraging, aspiration for the future
2. Mission purpose of the business
3. Values attitudes, behaviours, character of organization to guide actions like an internal compass



1. Forming a Strategic Vision: - Very in the strategy making processing  organization managers need to prepare set of questions

1.What is our vision for the organization?
2.Where should the organization be headed?
3.What should its future technology, product, customer focus be?
4.What kind of enterprise do we want to become?
5. what industry standard do we want to achieve in x years?
2. Setting Objectives: -
1.The purpose of setting objectives  is to convert managerial statements of strategic vision and business mission in to specific performance  business targets , results the organization wants to achieve
2. Setting objectives and then measuring weather they are achieved or not help CEO’s track an organization process.

3. Crafting Strategy: - An Organization strategy represents
Managements answers towards to business view
1.Weather to concentrate on a single business or build a diversified group
2.How to grow the enterprise over long term
3.How big a geographic market to try or cover
Organization Strategy Consists of : -
1.How to Grow the Business
2.How to satisfy the customers
3.How to out compete Competitor
4.How to achieve Strategic and financial objectives.
4. Strategic Implementation and Execution: -  Strategy implementation concerns the managerial exercise of  newly chosen in place
5. Evaluation and Monitoring:-  Management’s duty to sit on top of the organization  weather things are going as planed and the performance measure. 

Note: I will continue with Alignment, Transformation and Optimization .. :)