IT Strategy is a business’s plan for making information technology-related decisions in order to:
Set and reach business goals
Meet business needs
Follow internal and external policies and regulations
React to and anticipate internal and external factors
Improve processes
Generate value for the organization
Make IT-related decisions
Meet business needs
Follow business objectives
Follow business strategies
Provide value for the business
Improve processes
Business Strategy is a business’s plan for making decisions based off research about the status of the organization and the external market. Attention should be paid to how the business can meet its objectives and how to enforce this.
Business-IT Strategy Alignment is a process of dovetailing business strategy with IT strategy in order to meet business objectives and generate value through the use of IT.
SWOT
An analysis strategy that assesses an organization's strengths, weaknesses, opportunities, and threats.
PEST
An analysis strategy that involves some combination of the political, economic, social, and technological factors of an organization and its desired market.
Start small and expand
Plan from the next few months through the next few years (often 3-5 years)
Set up back-up plans and worst-case scenarios
Business should be more constant than the technology
Built or bought, the technology should reflect the functions of the business
Pick the most obvious/intuitive route for the user
Communicate ideas (leaders -> managers -> staff -> users AND vice versa)
Communicate needs (leaders -> managers -> staff -> users AND vice versa)
Communicate updates well ahead of time (leaders -> managers -> staff -> users)
Like a journalist, ask: WHO, WHAT, WHEN, WHERE, WHY, and HOW