IT Strategy (Information Technology Strategy or Technology Strategy or ICT Strategy or IS Strategy) is a plan of action to create an information technology capability for maximum, and sustainable value for an organization.IT Strategy helps create shareholder value. Strategic Theme: Satisfaction. Only a third of respondents said they had a single preferred supplier for their technology needs. For example, if your goal is to achieve success as a strategic planner, your objective would be to write all sections of the strategic plan in one month. align their IT planning and strategy with their business strategy, The majority want to support more remote working, Nearly two-thirds (60%) use some cloud or hosted services, Two-fifths are using group chat and video conferencing, Plans for any upcoming partnerships, mergers or acquisitions, Any other ‘action plans’ that your teams might be working towards, Service level indicators, like the number of help desk calls, Operational indicators, such as capacity utilisation, Business-level indicators, like budget and customer satisfaction, Qualitative indicators, like end-user and customer feedback. The process began with an environmental scan of IT services and discussions with various stakeholders (faculty, students, departments, campus leaders, IT staff, and the Technology Council). For example, according to a recent Microsoft survey of 600 British small and medium-size businesses: But taking advantage of new technology and getting the most from existing IT investments isn’t easy. This is where defining your stakeholders becomes important. Strategic Plan Example: A Complete Plan. Sample Strategic Plans Strategy is more than simply achieving business goals. Be consultative and meet with key people in your business units who will be able to tell you how they’re using technology, what their plans are for next year and how IT can support them. Strategic planning identifies the gap between the current and desired future state. Here are three examples: SOURCE: Harvard University EXAMPLE: University Information Technology Strategic Plan 2018 A list of goals is not a strategy so the next step is to … One of the main reasons for developing an Enterprise Architecture with TOGAF 9 is to support the business by providing the fundamental technology and process structure for an IT Strategy. Strategy 1.1: Implement an annual client conference • Tactic 1.1.1: Identify date and venue • Tactic 1.1.2: Develop agenda Think of a strategic plan like a flight plan. You’ll identify opportunities to save money and time that you would otherwise spend on implementing an entirely new infrastructure or switching IT providers. It’s important that everyone is clear about the purpose of your business IT strategy, who is responsible for delivering it and to whom it applies. Evaluate your organization's current standing. h�bbd```b``��� ��#X�L��H��`�40{6�T�����`v'�T��pD�- �'I�~e��,�$��1X�H�� �t��q�@� ��F In other words, it helps maximize the return on IT investments. Objective 1: Increase client satisfaction from 82.0% to 90.0% by December 31st. A list of goals is not a strategy so the next step is to define your scope, stakeholders and schedule. U-M’s strategic plan is a great example of an easy to read strategic plan. Accounting firms, for example, are embracing new technologies to support new business practices needs, while the UK government is placing innovation and scalability at the heart of its strategy to support the development of digital public services. Welcome Strategy Leader! Many of our plan’s goals are long lasting, but … The airline’s strategic plan needs to include goals and the general plan of action on how to achieve them. %PDF-1.5 %���� endstream endobj startxref A template provides structure for your business planning process as well as a communication tool that’s simple to update or modify. Discover how IT can be a strong ally in making you more productive and competitive. IT strategy planning can either make or break the company. Now’s the time to create a new strategy for 2019-2024. In the initial stages of planning, start by outlining your business needs, goals and high-level objectives. We are proud of all our accomplishments in 2020, read the highlights here. It’s also important to put a lifespan on your IT strategy. Information Technology Strategic Plan will continue to serve as a roadmap for technology at the University. It's great for anyone who wants to impress but is on a deadline. A roadmap to launch and grow your organization Process as important as product (perhaps more important) Aligns stakeholders around strategic priorities Communicates your goals, strategies and programs Engages, motivates, and retains external and internal audiences (e.g., board, staff, donors, etc.) This is why it’s important to identify some key metrics and KPIs that you can use to benchmark and analyse the performance of your IT strategy over time. To help you get started off on the right foot, we’ve created this One-Page Sample Plan and Template to help you see what a complete strategic plan looks like. Then consider any department-specific technology that might be required to meet business goals, like specialist financial or HR software. An elevator pitch is a brief description of your business. Reviewing your existing IT infrastructure will help you define problems, see what’s working and where resources can best be saved by making use of what is already available. Once it’s made, it determines how to close those gaps and how you can raise the bar and achieve your goals. For example, if a train manufacturer develops a plan to expand revenue by 50% that plan will include a marketing, sales and operations component. IT Strategy creates IT Capability. That’s why we’ve put together this IT strategy template of five simple steps you can use to plan an IT strategy: The primary function of your IT strategy planning is to support your business needs. The focus of UO's own … The new strategy was created in response to a changing environment in which the business is increasingly depending on efficient IT services to expand its comp… %%EOF A business strategy refers to the actions and decisions that a company takes to reach its business goals and be competitive in its industry. The IT services, resources, staffing, and If you don’t have an overarching business strategy you can clarify your mission and needs by looking at your: The importance of this step cannot be overstated. An IT Strategy is an iterative process to align IT capabilities with the business strategy and requirements. This tool provides an outline that allows CIOs to develop a simple, yet effective IT strategic plan. The most successful organisations align their IT planning and strategy with their business strategy to make both a success. You can’t be losing money on something designed to advance your business! h޴�Mk�@�������/;��/-��8dk� How to Implement a Strategic Plan. We’ve assembled a handful of sample strategic plans. IT strategic planning must be firmly rooted in the business strategic plan — period. performance – the strategic goals, objectives, initiatives and metrics are aligned throughout the organization and employees are fully engaged with supporting the strategy and mission. The IT strategic plan should include a SWOT analysis of its strengths, weaknesses, opportunities and threats to identify both interna… Steps to Create an IT Strategic Plan: Step 1: Build a Team. The University of Oregon: A Digital Transformation in the Education Space. Whether you’re new to the process or a seasoned IT manager, knowing just where to start when you plan an IT strategy can be difficult. The reader can very quickly get an understanding of what initiatives have impact across the university while at the same time understand how individual initiatives apply to a specific goal area. Small businesses can also use this document for them to be guided within the development of their operations.. SME IT Strategic Plan Template This template is developed for small and mid-sized enterprises that do not have the resources to perform full IT governance to develop a complex IT strategy. Once you have a better understanding of how the company identifies itself; where it is and where it would like to be,… 0 Enjoy the use of these plan templates in PSD and PDF format. It creates clarity, alignment and organization-wide engagement. In order to plot out a course for reaching your goals, … 9+ Annual Operational Plan Examples; 10+ Sales Strategy Plan Examples; The usage of business development strategy plans is not limited to big corporations and profitable organizations. Lastly, think about how the parts in your architecture fit together, and what processes will govern their integration. This download includes: Common Strategic Planning Definitions Sample One-Page Plan One-Page Plan Template Access to 80 Sample Strategic Plans Strategic Planning Its goals and objectives are intended to ensure alignment with the University Mission and Strategic Plan. View the FY20 CIO Annual Report. Title: IT_StrategicPlan 2018-2022 Jan16 Author: bethreid Created Date: 1/29/2020 9:55:55 AM Start by defining an overall technology architecture, which is made up of the major software, hardware and other tools you’ll be using. hbspt.cta._relativeUrls=true;hbspt.cta.load(1906106, 'b825b231-9cc1-43fd-bef5-56fb7e3bbb2c', {}); Meetings and deliveries: The Final Step, Tavistock House North, Tavistock Square, London WC1H 9HR, Official registered address: 35 Ballards Lane, London, United Kingdom, N3 1XW. A comprehensive, strategic business plan may include company information, SWOT analysis, research, goals, resources, risks and more. That means two-thirds don’t have a trusted partner and many businesses just don’t have a solid IT strategy at all. 112 0 obj <> endobj GSA IT used industry-recognized balanced scorecard principles to develop this Strategic Plan, viewing our organizational strategy through the lenses of four 134 0 obj <>/Filter/FlateDecode/ID[<90C31EEEF6396743990DB0C5D4098549>]/Index[112 30]/Info 111 0 R/Length 106/Prev 739781/Root 113 0 R/Size 142/Type/XRef/W[1 3 1]>>stream define the key phases – implementation, integration, review, etc – and know when the strategy will activate, and when it will need to be revised. And to gain a substantial competitive advantage over other firms, the IT strategy template is going to come handy for an ambitious firm. It requires no prior experience to use. University Strategic Plan, IT and higher education trends, and the strategic analysis of the IT unit. The Executive Board IT Strategic Plan Template includes information about the proposed plans by the board of members of the company, firm or organization. Then there are more specific ones, like the strategic marketing plan. Strategic Plan Templates. The intention is that somebody who just read the summary can get an understanding of the overall content of the document.] Plans are selected and refined from this template. Through our pre-made IT Strategic Plan presentation template, high-quality slideshow creation is going to be a breeze. … As mentioned, all you need is a mouse-click, and you can edit whatever you want. IT Strategic Plan Template The IT strategy roadmap example section should describe the technology directions that will best support the business and a high-level plan for getting there from the current state. iBossWell, Inc.’s McNerney reiterates that there are not hard and fast definitions for the terms goals and objectives , as well as many other strategic … Find some good IT strategy examples. Hat tip to Got Credit and Gord Wesbter for the images. These might include: When done right, an IT strategy can be a powerful tool to drive growth and efficiency in your business, supporting your goals and your staff directly. Does the following sound like your situation? ����h��CCh�H�����. When you plan an IT strategy it’s important to remember that you’re not reinventing the wheel. With these five steps, you’ll be able to plan an IT strategy that does just that. This might seem like the most difficult step, but if you’ve been following the right process then resource allocation will be relatively easy. ���Q{L.vyh P�tV�[Fn��P�EO汆̒LZ��x�dB�NJ>�gm�AZ*�,Nc a�`��h`����`0� �%�,%WI�eRFe�q0p�-�"@� `dcd(md�xu.0�X101�gw`8�5���R��Ţ�aR��{�OkEk�>C1�?�B��-��)`PdrF��;��u�e@� � � b Most IT strategies are long-term, but you might want to review and redefine your strategy more frequently. Your IT team should be a solid one. d�H Strategy Most business strategies have an operations component. Your elevator pitch is … Elevator Pitch. Keep all this information in a common spreadsheet or other documents that gives clear visibility into your architecture, how much you’re spending and who will be using it. As you start thinking about your IT, ask yourself: By thinking critically about your current infrastructure you’ll be able to plan an IT strategy based on resources you already have. IT strategic plans for higher education institutions and government agencies are readily found on the web. It defines what the business needs to do to reach its goals, which can help guide the decision-making process for hiring and resource allocation. Three IT strategic plan examples . Downloaded 56,300 times. Start with business strategy. What is a strategic plan and why is it needed? h�b```f``rg`e`PNaf@ a6 ���xT�����s�`��H P�J��t��ܝ�wo`j Y8�F���Y҉ǯG. This document defines the Information Technology (IT) Strategy that must be followed within the “IT Service Unit” from the date of approval until the end of the year 20xx. For example, one can come up with a strategic business plan for an overarching organizational goal. The IT strategic plan should outline a mission statement that states what it plans to achieve and how the IT strategy relates to the organization's overall business objectives. 141 0 obj <>stream Upward Airlines Strategic Plan Example. A strategy plan, more commonly known as a strategic plan, is a list of strategic goals together with an action plan to achieve each goal.This is the output of strategy planning and may be developed at the level of an organization, department or team. It is very short at only 5 pages and uses graphical elements to communicate goal alignment. 2020–2024 Strategic Plan 3 Updated: January 6, 2020 Our Mission Protect the interests of those doing business with Iowa chartered banks, licensed financial service providers, and licensed professionals through regulation that ensures safety, soundness, and adherence to … Often the first step to creating an effective IT strategic plan is to start with reviewing the organization's strategic plan, which helps in identifying the areas where the use of technology can improve operations. Businesses are embracing new technology. [Start the IT Strategy document with a summary. Your IT strategy shouldn’t (and can’t) solve all your problems at once, so even if your strategy is company-wide you need to articulate how it affects different business units and functions. Since your IT strategy is supporting your business needs, you need to make sure that it is functional and cost effective. Having a clearly defined it strategy plan, scope, schedule and list of stakeholders will be useful in coming up with a ‘roadmap’ for implementing your strategy. Because it can be difficult to foresee what new technology developments would benefit a given business, it’s sometimes easy to go in a direction that ends up being wrong. Define your scope, stakeholders and schedule. There are templates to help with this step (such as these and these) if you don’t want to build your own. Strategic plans document the objectives that an organization wants to achieve over a specified period of time in response to its changing environment.For IT, the strategic plan is part of the resurgence of the IT Division post the Deloitte study, completed in early 2016. Learning how to write a strategic plan is relatively easy, especially with the right strategic plan template at your disposal. Let’s imagine Upward Airlines has a 2013-2018 strategic plan that’s coming to a close. The following are illustrative examples of a strategy plan. Goal: To be considered a trusted partner by our clients. Companies who devise strategic plans often opt for strategic plan templates. endstream endobj 113 0 obj <> endobj 114 0 obj <>/MediaBox[0 0 612 792]/Parent 110 0 R/Resources<>/ExtGState<>>>/Font<>/Pattern<>/ProcSet[/PDF/ImageB/ImageC/ImageI/Text]/XObject<<>>>>/Rotate 0/Type/Page>> endobj 115 0 obj <>stream Strategy Execution Toolkit. 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