Business strategy for IT
A business strategy is an action plan detailing the long-term plans and direction for an organisation. Based on the organisations mission statement, a series of long-term objectives are developed to ensure the organisation can meet its mission (reason for being).
Why is it important for organisations to have an IT strategy?
To ensure a firm foundation on which to build future developments;
To ensure the organisation is led its requirements, rather than the technology;
To ensure technology assumes its proper place as a tool;
To clarify what IT will contribute to the organisation;
To ensure that the company invests in appropriate solutions and are clear about the costs and benefits;
To ensure the full benefits of any investment are realised;
To avoid unexpected expenditure and the diversion of energy and resources;
To avoid changing working practices just
to suit the technology;
To avoid inefficient and overly complex procedures;
To ensure a smooth transition from one system to another;
To ensure clear procedures for the monitoring, evaluation, review and revision; and
To minimise problems, ensure appropriate fault tolerance, fault recovery procedures and contingency planning.