BENEFITS OF DOCUMENT
DESCRIPTION
In developing IT strategies it is vital that both the business and Technology contexts are fully analysed. In order to do this various tools have been devised which provide solid frameworks for working with stakeholders to capture the desired criteria. This powerpoint document outlines 5 comprehensive tools which will assist and guide IT strategy definition programmes. Each tool is detailed with purpose the following profile definitions, scope, participants required, deliverables, processes, diagnostics, & example output
This PPT delves into the Strategic Alignment Framework, providing a robust methodology to align IT capabilities with business strategies. It helps identify strategic issues, align organizational capabilities, and define IT's role in business. The framework involves both business and IT perspectives, enabling senior management to understand the real issues and decisions around IT. It is essential for ensuring that IT strategies are not developed in isolation, but are fully integrated with business goals.
The Competitive Parity/Strategic Distinction Tool is another key component, focusing on the strategic importance and relative position of IT products and services. It helps organizations determine whether their IT offerings are core differentiators, necessities, or support functions. This tool also evaluates the IT organization's position relative to best-in-class providers, ensuring that the IT strategy is competitive and aligned with industry standards. It is crucial for maintaining a competitive edge in the marketplace.
The Locus of Control Tool provides a comprehensive approach to decision rights within the IT function. It defines decision-making criteria for each product and service, ensuring clarity in governance structures. This tool includes a decision rights table, supplier descriptions, and a governance matrix, making it invaluable for organizations looking to streamline their IT governance processes. It helps in defining where decisions should be made, whether centrally or decentrally, and aligns these decisions with the overall business strategy.
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Source: Best Practices in Information Technology PowerPoint Slides: IT Strategy Tools PowerPoint (PPTX) Presentation, R Bradley Consulting
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