Many organizations have a documented business strategy which serves to guide their business decisions. An effective IT strategy is also an important requirement for any size business, helping the business to define the technology, people and processes necessary to meet the business requirements.
An effective IT Strategy can help your organization answer important questions such as:
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How can we be sure that our current budget for IT is sufficient and effective?
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What IT investment should be made to deliver the business strategy?
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Have we got the right structure and governance to deliver IT solutions to our organization?
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What IT-enabled capabilities are required to deliver the business strategy?
An effective IT strategy clearly defines how all IT services, as well as the processes necessary to deliver the services, align with business goals. It also outlines a future state where the organization’s IT services directly contribute to the business sustainability and growth. In summary, it provides a roadmap or blueprint for direct contribution to the success of the business.
Aligning your IT Strategy with Business Initiatives
The alignment of business and IT strategies is necessary to create and improve efficiencies, reduce costs, create barriers to entry, improve customer and buyer/supplier relationships, and to generate new products and business solutions. Organizations that fail to strategically align IT and business strategies face increasing financial and opportunity costs as well as other consequences including:
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Inability to invest IT dollars wisely and to create mechanisms for investment and funding;
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Inability to proactively provide value-added services to the business;
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Inability to attract, retain, and resource the appropriate skills;
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Inability to measure IT’s contribution to the business; and
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Inability to communicate strategy to employees and link strategy to budgets.
What should your IT Strategy Approach look like?
Litcom delivers an IT Strategy and roadmap showing how to most effectively leverage IT. Our comprehensive IT Strategy services help organizations shape the direction of their IT. We assess the state of your company’s business operations and identify opportunities for improvement through incremental changes and new initiatives. Through introduction of leading practices and analysis of existing capacity, we help your organization select and plan the projects that are most impactful. These projects will provide the foundation for your IT Strategy. (see diagram below)
The Litcom Approach
Litcom provides an IT Strategy and roadmap, enabling an organization to most effectively leverage technology. Our comprehensive IT Strategy approach helps organizations shape the direction of their IT. We assist organizations in developing:
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A comprehensive IT strategy, including IT opportunity assessment, shareholder value diagnosis and IT investment prioritization.
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IT strategy for mergers and acquisitions and due diligence.
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Strategies for all key components of IT, including information strategy, IT sourcing strategy, IT systems strategy and IT infrastructure strategy.
To find out more please contact us at: [email protected]
How can an IT assessment benefit your organization?
An IT assessment provides your organization perspective on the effectiveness of its systems, staff, budget, vendors, procedures and company policies. For more information, download our free guide or contact us at [email protected].
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