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The CIO's Guide to Aligning IT Strategy with the Business

The CIO's Guide to Aligning IT Strategy with the Business

This IDC Perspective explores the new process-driven approaches to formulating strategies that CIOs need in the world where technology supports every aspect of the business. An effective strategy development process includes all stakeholders, reliably identifies the most critical business needs and opportunities, objectively assesses the current state of IT and the enterprise, surfaces and vets necessary IT strategic initiatives and opportunities, explains how business and IT success will be measured, and engages and motivates everyone who must embrace, support, and execute the strategy. This study explains how CIOs can create new IT strategies, describes a six-stage process for agile strategy development, identifies key actions for each step, and advises on ways to ensure effective adoption of an IT strategy."Modern IT strategies are complex and have multitudes of interdependencies, diverse and powerful stakeholders, and a material impact on the success or failure of the business," says Marc Strohlein, adjunct research advisor with IDC's IT Executive Programs (IEP). "That makes strategy development one of the most critical CIO responsibilities — one that requires rigor and a structured approach and processes."

Please Note: Extended description available upon request.


Executive Snapshot
Situation Overview
Stage 1: Lay Groundwork for New IT Strategy Development
Key Activities
Questions
Stage 2: Determine Key Business Drivers and Forces
Key Activities
Questions
Stage 3: Assess Current State of the Enterprise, IT, and Business Ecosystem
Key Activities
Questions
Step 4: Define the Future State and Key Initiatives
Key Activities
Questions
Stage 5: Determine Metrics and KPI Success Measures
Key Activities
Questions
Step 6: Package and Communicate the IT Strategy
Key Activities
Questions
Advice for the Technology leader
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