Information Technology Strategic Plan
An information technology (IT) strategic plan incorporates all components in an organization relevant to the administration of technology including cost, human capital, management, hardware and software management, vendor management, risk management and all other considerations in the enterprise IT environment. This comprehensive roadmap is used by IT professionals and leaders as a directive for setting an organization’s future technology objectives. (TechTarget, 2015).
In this paper this author will enact the role of a senior business consultant within the phantom corporation, Savvy’s Inc., an upscale brick and mortar department store, expanding its online capabilities. The company is seeking to gain better traction in customer satisfaction and loyalty. Current yearly revenue for the business is $5 million. Management predicts the trajectory of yearly revenues for Savvy’s to top $20 million per year with the infusion of current technology. As the senior business consultant for Savvy’s, this writer’s paper outline begins with an introductory statement of the company, including its organizational vision and mission. The paper proceeds by specifying the current situation of the company regarding technology and security aspects. Additionally, this author will determine the information technology personnel roles necessary for gaining better traction of customer satisfaction and loyalty. Next, a SWOT analysis will be conducted,
planned expansion into the east coast. One of the threats identified was the vulnerability of the
Case Study Assignment KL Worldwide Enterprises Inc.: Putting Information Technology to Work Submitted by Mark Lemoine September 14th, 2012
John Lewis is a British department store that operates in the United Kindom and is well known for its ‘Never Knowingly Undersold’ policy that brings quality products to the UK high streets and online shopping. A SWOT analysis is intended to analyse the organisation 's current status and its potential for the future. Morrison (2011, p. 158) states that a “SWOT analysis is a strategic tool used by businesses to assess the organisation 's strengths, weaknesses, opportunities and threats.” Using a SWOT analysis will encompass a detailed evaluation of the organisation for John Lewis, which could be used to benefit the company in the future. As Wetherly & Otter (2008, pp. 24-25) says “The capacity of a business to take advantage of opportunities and resist threats will depend on its internal strengths and weaknesses.” But if John Lewis has the internal strengths to undertake a change a SWOT analysis will help as it was “designed to enable an organisation to take into account internal and external factors that may affect its strategic planning decisions and thus improve its prospects of success” (Harrison, 2014, p. 6).
McKeen, James D; Smith, Heather (2012). IT strategy: Issues and practices (2nd ed.). Boston: Prentice Hall. Kindle Edition.
Strategy- Decide on an IT strategy that will be followed but allows some flexibility as technology and needs change. Set up goals and define objectives for the IT department that align with overall company objectives. Review these objectives
Information Management is the collection and management of information from one or more sources and the distribution of that information to one or more audiences.
While most people would love to believe that businesses are born into overnight success that is not always the case. Success takes time and usually is driven strategically by management. While there is no direct method to success, most organizations rely on strategic planning in order to come up with innovative ideas, think strategically and plan ahead to achieve success. In this paper, we will look at the CoreCivic Corporation and evaluate their business, their current situation, we will apply the SWOT analysis and measure their success according to strategic planning.
1. What changes does FTP make to an ASCII file when you download it in ASCII mode to a windows machine from a Linux server? What changes are made when you download the file to a Mac?
As Zappos faces the challenge of determining next steps in regards to maintaining the existing business unit or to enter a new business venture, the SWOT analysis will provide clarity in the firms Strengths, Weaknesses, Opportunities, and Threats. This is an extremely suitable
The United Bank is an organization that engages in banking and uses Information Technology to help serve customers from banking firms better. The firm’s headquarter is located in the United State with potential of venturing internationally. The purpose of this Information Technology Strategic Plan is to presents initiatives that the bank must undertake to achieve the continued success and improvement of the Information Technology at the banking sector. This strategic plan involves the uses of SWOT analysis as the centerpiece initiative to achieve the future of this firm using modern technology, such as, cloud computing. The plan will accelerate the future of this firm by automation and streamlining of many of the manual and fragmented processes that the firm is currently using. The results of this analysis are therefore proposed as Information System applications, like, Knowledge Management System Application, Automatic Files and Data Transfer as well as Cloud Computing to help serve customers efficiently and effectively thereby increasing revenue earned. The results of this analysis also generate various policies requirements to be adopted by the bank so as to realize revenue increase from the current $5 million to $20 million per year. The plan therefore, shows how customers in the banking sector can conduct basic banking transactions electronically at their
Strategic planning is the process of gathering information from stakeholders, market players, professional entity, and government agency. The purpose of gathering information is formulating a realistic and a workable framework that any organization can implement and work with. Evaluation of information is a key aspect in determine the kind of plans that the organization wish to a chive over certain a period. Strategic planning ensures the implementation is, crafted well, and parties involved be acquitted with it. Developing a good Strategic plan helps a company to implement its missions and visions effectively, and helps the company to evaluate
This investigative study sets out to enact a SWOT analysis of Apple Inc. During the report I will discuss the current market position of Apple, it’s strengths and weaknesses going forward, as well as any potential opportunities or threats to it’s business model. It will culminate with an analysis of whether SWOT is an effective tool in helping a tech-giant such as Apple improve or update its business.
Technological change is the reason for CIOs to be involved in the strategic planning process. Business and IT stratification has been changed forever by the internet and this has bought IT to the executive table. With the pace of technological change, it can be a challenge for CIOs to
Information technology is a rapidly growing part of today's society. It affects everyone's life in many aspects. Every human endeavor is influenced by information technology and the increasing rate at which what it can perform includes. One area of human endeavor that information technology has greatly influenced is the practice of medicine, specifically veterinary medicine. Not only has veterinary medicine been influenced by information technology, it has also been enhanced by it. The degree to which the practice of veterinary medicine includes information technology is observable at the Animal Emergency Clinic of Central New York on Erie Blvd. in Syracuse, New York.
Here I’m going to mention the strategic planning for a software company as it is my profession. Software’s are one of the important factors which control all the computerized electronic systems. So, usually software developing companies have a strategic plan and they should strictly follow through to get the goal. Here are the strategic plans for my company.