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Implement a Formal IT Strategy

Developing and implementing a formal IT Strategy will ensure that you maximise return on your investment in information technology. IT strategy is driven by your business strategy - it should support the achievement of your business objectives. In this context it should dictate what technologies you will need to invest in, how much you will need to spend, when you will need to spend it, what level of training people in your business will need, and how much external support you will need. Because the scope of an IT Strategy is company-wide, it should prevent the problems that occur when individuals or departments make IT choices without recourse to the rest of the organisation.

The following are key points to keep in mind:
  • You may need to take a preliminary step and review how the business processes themselves meet the business objectives. For example, make sure you are not simply computerising a process which is poor at the outset.

  • Equally you can take the opportunity to review the available technologies and see how these could not only be applied to existing processes but how the processes themselves could change to embrace the technologies and ultimately deliver a more effective result.

  • Secure Management Team involvement
    Do not make the mistake of assuming this is a technical task which should be delegated to the person who looks after your network. IT should be a key driver in the achievement of your business objectives. If key decision-makers do not back this process in practice, it will be impossible to implement. Also the management team are the closest to the business and are aware of likely future developments.

  • Consult with all those affected by the IT Strategy.
    With the advent of eBusiness this may be a very wide audience indeed - staff, customers, suppliers, distributors, contractors.

  • Seek independent IT advice
    Ideally find someone with experience in your industry who has both IT and business process expertise. Using someone with only IT skills will limit the scope and effectiveness of the strategy

  • Document a plan and monitor it.
    It is essential that a member of your management team is given overall responsibility for implementation of the plan, and that progress against the plan is reviewed monthly as part of the management meeting cycle. The strategy itself should be reviewed quarterly - your business objectives may change, so it may be appropriate to re-prioritise
Refer to the detailed How To Guide on Formulating an IT/eBusiness strategy for SMEs

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