The key drivers of Information Technology (IT) or Management Information Systems (MIS) value are an organization's IT mindset and its ability to execute. Today’s best practices show that IT value can be maximized when enterprise IT investments are aligned with business goals and IT execution is well managed.
It is critical to develop a cohesive, well planned IT Strategy to maximize value we can drive through our IT systems and IT capabilities.
An effective IT Strategy approach should focus on the key issues facing organizations today and answer 3 key questions:
• What IT investments should I make that will provide me with the best business returns for the money spend?
• What IT capabilities do I need to be successful in the connected economy?
• How should I manage my IT investments so that I realize the full value of those investments and reduce the risks of failure?
The approach to IT Strategy should recognize that:
• Good IT planning is more than paying salaries and depreciating hardware. It's about creating new assets in the form of intellectual capital and strategic IT capabilities.
• Good IT planning is more a matter of allocating resources to the right investments than containing costs.
This 30-slide PowerPoint presentation provides a detailed discussion on how to develop an IT Strategy. Specific concepts this IT Strategy PPT discusses includes IT strategy frameworks, critical success factors, detailed project approach and organizational structure, sample deliverables, and more.
It also breaks down a 4-phase approach to creating an Information Technology strategic plan:
Phase 1. Project Initiation
Phase 2. IT Strategy Development & Information Gathering
Phase 3. IT Strategy Refinement Workshop
Phase 4. Documentation and Next Steps
The IT Strategy Development process is accelerated, phased, and iterative.
This is a fully editable, customizable PowerPoint presentation, so you can utilize this document as an IT Strategy template PPT. Also, there are 10 sample IT Strategy deliverable slides included, which you can re-purpose for your own business presentation needs.
This presentation emphasizes the identification of critical IT capabilities and the best sourcing options to support business direction. It also details the strategic importance of each IT system and service, ensuring alignment with competitive differentiators.
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Source: Best Practices in MIS PowerPoint Slides: IT Strategy PowerPoint (PPT) Presentation Slide Deck, LearnPPT Consulting
This PPT slide outlines a structured approach to developing an IT strategy, divided into 4 distinct phases over a ten-week timeline. The first phase, Project Initiation, spans the first week. It focuses on preparing project materials and establishing a project team. This foundational step is crucial as it sets the stage for the subsequent phases.
Phase II, which takes place over weeks 2 to five, involves IT strategy development and information gathering. Here, the emphasis is on determining the business strategy and identifying IT enablers. This phase also includes creating, reviewing, and updating the initial IT strategy, ensuring alignment with business objectives.
The third phase, an IT Strategy Refinement Workshop, occurs in weeks 6 to eight. This phase is designed for reviewing the IT strategy with IT management. It allows for updates and refinements based on feedback and insights gathered during the workshop. Engaging key stakeholders in this phase is essential for validating the strategy and ensuring it meets organizational needs.
Finally, Phase IV, covering weeks nine to ten, focuses on documentation and outlining next steps. This includes documenting the finalized IT strategy and detailing implications for implementation. The structured approach ensures that each phase builds on the previous one, facilitating a comprehensive and iterative development process.
Overall, this slide presents a clear roadmap for organizations looking to develop a robust IT strategy, emphasizing collaboration, validation, and thorough documentation throughout the process.
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