DESCRIPTION
Customary practice to Capital Budgeting for satisfying needs of Information Technology development and support pursues a fragmented process and considers requests as stand-alone projects, each with its particular business justification. Such a practice leads to substandard results with significantly more expenditure.
This presentation talks about a different way to manage IT development and support—i.e. using the Capabilities-driven approach—where an all-inclusive view to IT is taken, formulated upon the inimitable capabilities of the company.
Capabilities-driven approach has to go through the following 4 phases in order to gain its full impact:
1. Determine our Distinctive Capabilities in Relation to IT.
2. Prioritize our IT Project Portfolio.
3. Develop Technology Roadmap of IT Investments and Activities.
4. Develop Culture and Governance to Support IT Strategy.
The Capabilities-based approach has been successful in many companies over a period of time.
The slide deck also includes some slide templates for you to use in your own business presentations.
The Capabilities-driven IT Strategy presentation provides a comprehensive framework for aligning IT investments with the company's unique strengths. It emphasizes the importance of identifying and leveraging distinctive capabilities to drive IT initiatives that support overall business objectives. The approach is structured into four critical phases: determining distinctive capabilities, prioritizing IT projects, developing a technology roadmap, and establishing supportive culture and governance.
This PPT also includes practical tools like the IT Investment Portfolio Matrix, which helps CIOs categorize and prioritize IT projects based on strategic importance and value potential. The presentation is designed to facilitate a seamless transition from conventional IT budgeting to a capabilities-driven strategy, ensuring that IT investments are not only cost-effective, but also strategically aligned with the company's long-term goals.
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Source: Best Practices in IT Strategy, Core Competences, Distinctive Capabilities PowerPoint Slides: Capabilities-driven IT Strategy PowerPoint (PPTX) Presentation, LearnPPT Consulting
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