Business Driven Strategic IT Planning
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Business Driven Strategic IT Planning Course
Introduction:
In today's dynamic business environment, the enterprise constantly faces the need to adapt. As a result, ensuring alignment of IT becomes an ongoing challenge. The IT function finds itself caught between two powerful forces of change: the rapid advancements in technology and the volatility of the business landscape. These forces create a demand for effective information technology management and strategic planning to address the pressures and drive success.
Course Objectives:
- Produce the strategic IT planning framework, formalize and document the IT master plan
- Describe how to progress from business and organization analysis to identification of IT direction and business value
- Analyze the fusion of IT and key strategic resources that achieve and sustain business and IT performance leadership
- Develop strategy and capability maps that align business and IT capabilities, and identify opportunities that create new business value
- Appraise and align IT performance, initiatives, applications, and technologies that support business needs and justify IT investment
Who Should Attend?
This course is designed for CIOs, IT directors and senior IT executives, corporate and IT planners, and senior business executives/strategists who have responsibilities in implementing IT initiatives in their organization. IT managers, IT executives, and other senior professionals responsible for strategic IT planning in an organization will certainly benefit as well.
Course Outlines:
Strategic Management of IT
- Introduction – The Evolving Role of IT Strategy
- Course objectives and structure
- A little IT history and the new role of IT
- The changing role of IT management
- The long wave cycle and IT
- IT as a foundation for business execution
Strategy Setting In Business
- Strategic direction and vision
- Strategic alternatives and competitors: the Five Forces
- Rogue technology and the implications
- Strategy, decisions, and direction
- Business and IT as systems
- The external business environment
Strategic Planning Management and Methodology
- A strategic planning methodology
- Strategic foundations for IT
- Communicating strategy
- The IT strategic plan outline
- The planning project
IT Strategy And The Business
- Strategy Focused IT
- Business architecture
- Enterprise analysis – understanding business structure
- Business performance
- IT performance link
- The strategy business architecture link
- IT architecture and IT strategy
Aligning Business and IT
- A variety of approaches
- The scorecard approach for performance
- Strategy mapping
- Value chains for IT
- Business goal alignment
Establishing IT Strategic Direction
- IT value chains
- Cascading value chains
- Service chains
- Examining the IT environment (a Five Forces view)
- Examining the enterprise internal environment
Building an IT Strategic Plan - Determining Business Need
- Analyzing the current situation
- Previous plan review
- Assessing results
- Determining IT issues of performance
- The annual IT performance summary
IT Goals And Objectives
- Establishing the IT future
- Establishing critical success factors
- Defining key performance indicators
- Ranking project initiatives
- Assessing technology impact
- The technology forecast (IT and business)
Building the Strategic Plan
- Plan outline and components
- Initiatives and assets to accomplish initiatives
- Plan justification
- Implementation options (e.g. outsourcing)
- Integrating multiple plans
- Communicating the plan
IT Plan Deployment - Setting and Measuring Business/IT Performance
- Business/IT performance management
- Monitoring ongoing operations
- Monitoring operations activities
- Expectations – users, business, IT
- The IT business intelligence briefing book and dashboard
IT Change Management
- The drivers of IT change
- What needs to change?
- Methods, techniques, and key tasks of change management