Strategy Process

Outline the planning activities involved in formulating the IT strategic plan.

B1Alignment with Business: Mutually align and integrate IT and business strategic plans. Determine the IT strategy's contribution to business objectives. Influence the formation of the business strategy regarding the use of technology-enabled solutions to overcome business challenges.
B2IT Vision and Principles: Formulate the long-term scope and objectives for IT value generation (IT vision), and create high-level guidelines for deploying technology-enabled services (IT design principles).
B3Strategic Options: Identify challenges and opportunities in the IT function and other business units, where IT can enhance performance. Identify options for action, and evaluate, prioritize, and select these options based on their potential contribution to business value.
B4Plan Development: Translate the selected strategic options into an approved strategic plan, encompassing high-level IT goals, programmes, timeframes, manpower planning, skills development, and long-range technology planning. Outline programme ownership, business goals, business value/benefits, and an outline business case at the programme level.
B5Tracking and Evaluation: Assess the extent to which strategic targets are being achieved. Review all relevant programmes using qualitative and quantitative measures (such as satisfaction surveys, programme progress, and KPIs), and generate input for strategy reviews.