A robust, well-thought out IT strategy can help your IT teams support business objectives and operations with optimal technology solutions.
An IT strategy is necessary for companies today. But, the ask—detailing where you want to go and how you'll get there—can be overwhelming.
Needless to add, IT exists to serve business (and of course, sometimes the business itself is IT), and hence technology strategy should dovetail into business goals and strategy.
Irrespective, for building an actionable IT strategy, it is imperative to understand the nuances of the business strategy over the next several years. The essential elements are what are the business goals and objectives, what does the product/service portfolio look like, growth strategy and market focus, and the strategies to power the business vision and realize the goals. Ideally, a business target operating model, if one exists, will provide the breadth and depth of details necessary for the technology teams to draft the IT strategy.
Our IT strategists & business consultants can help your IT teams become net value creators, finely tuned towards delivering valuable IT support services to help other teams if your organisation achieve their objectives.
Our IT Strategy priorities
- Aligning IT capabilities with business objectives
- Maturing IT processes to better serve other organisational teams
- Improving IT skills to enable new business strategies
- Developing manageable and executable IT strategy which would have an immediate & measurable impact on the organisation
Principles of our IT Strategy Development
We strive to work with your all the major stakeholders, in your organisation to develop an IT strategy which would convert your IT teams into mission critical support systems. The 9 foundational principles that we follow are,
- Understand overall business strategy. Most of the times, IT exists to serve business while sometime, IT is business, and hence technology strategy should dovetail into business goals and strategy. A business target operating model, if one exists, will provide the breadth and depth of details necessary for the technology teams to draft the IT strategy.
- Understand the current state of organisational IT. A comprehensive evaluation may be necessary if the enterprise is embarking on a significant transformation. In a steady state, a simple review will suffice. We assess IT capabilities, maturity of processes, systems, practices, talent & skills, infrastructure, scalability, security, performance, cost optimisation & governance.
- Enrich business objectives with external technology trends. More often than not, businesses under achieve due to their non-understanding of the true capabilities of technologies, especially emerging technologies. Our analysts educate key decision makers on what emerging technologies the business can leverage and expand the scope of their business objectives.
- Conduct a Gap Analysis. We perform a multi-dimensional gap analysis on all key non-tech stakeholders and IT teams. Some of the dimensions of the gap analysis are people, processes, technology, data, systems, processes, reporting, diagnostics and governance.
- Analyse gaps and develop strategy options. Based on the size and severity of gaps, we develop multiple strategic alternatives and solution options within the cost, complexity, and value equation.
- Craft an IT Strategy Blueprint with the business health in mind. Depending on how strong your business fundamentals are and the appetite of key stakeholders to use IT to achieve business objectives, we formulate a near-term and long-term IT strategy.
- Setup a monitoring & measurement dashboard. Establish key success metrics like time, skills, number of human resources and money and deploy effective measurement and monitoring systems to help keep a track of the IT strategy development and effectiveness.
Get in touch with us for an initial consult and know how we can help you develop an effective IT Strategy.