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Advanced How To Guide

Formulating an IT/eBusiness strategy for SMEs


1 . Introduction


Formulating an ICT strategy thus requires a thorough understanding of the company's internal and external environment as well as of the available technology. External experts can help with the technology but an SME's managers are the only people who really understand the company and to an extent its external environment. Enterprise Ireland clients who have gained significant benefits from ICT investment, have emphasised the key importance of close and informed involvement by business oriented members of the SME's senior management team. This document sets out to provide some background information for non-IT managers faced with the task of formulating an ICT strategy for their SME.
  • Do formulate an overall IT and eBusiness strategy for the company as a whole. Don't operate in an ad hoc, fire fighting manner.
  • Do review your plans and suppliers periodically.
  • Do consult users and customers when formulating this plan.
  • Do consider paying for independent external advice to formulate your strategy.
  • Do check whether you are getting the full potential benefits from your existing system before deciding to buy a new one.
  • Do check whether your existing systems and processes pose risks such as security breaches, loss of key data or obsolescence.
  • Do factor the likely work disruption and demands on staff time, into your plan.
  • Do base your ICT strategy on your own particular circumstances, including current and future business needs and opportunities.
  • Do make sure business-oriented management have the final say in selecting and prioritising projects.
  • Do try to avoid short-term solutions that inhibit later moves towards greater computerisation and greater integration internally and/or with your trading partners.
  • Do consider the human factors.
  • Do your homework thoroughly, including analysing existing processes, data and IT systems, before making any major investment decisions. .
  • Do monitor what your competitors, suppliers and customers are doing on the ICT front.
  • Do remember that the right strategy is no good without a lot of hard work, people management and sound project management.
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National Development Plan The Programmes of Enterprise Ireland are co-funded by EU Structural Funds