Does your business plan include a technology plan? Processes and systems for […]. Marketing project plan template. Identified strategic capabilities with an assessment of each (Green/Yellow/Red). Investments in people, process, and technology. A comprehensive, strategic business plan may include company information, SWOT analysis, research, goals, resources, risks and more. The business strategy also guides many of your organizational decisions, such as hiring new employees. An Enterprise Architecture must play the important role of assessing existing IT assets, architecture standards and the desired business strategy to create a unified enterprise-wide environment – where the core hardware and software systems are standardized and integrated across the entire organization’s business processes, to greatly enhance competitive advantage and innovation. Buyer demand for greater value from insights and technology such as RPA, data science, machine learning, and advanced analytics are forcing both classical BPO and omnichannel BPO vendors to retool themselves into insights-driven BPO's. Sorry, your blog cannot share posts by email. Prepare a document to summarize the Point-of-Failure Analysis which should include: Known or likely Points-of-Failure throughout a system/application’s data flow where failure is possible, Identification of the intervals during which a system/application is at risk of failure, and . There are different ways of gathering these business inputs. Serge does coaching, mentoring and implementing worldwide in major Business and Technology transformation initiatives at blue chip companies. These are things that you wish you had a solution for, What are your top 5 business objectives? The chances of missing any test activity are very low when there is a proper test strategy in place. -Ensure that descriptions used are current Simply fill in the attached form with your company overview, delve deeper with a SWOT analysis, and finish off by determining your strategic goals, actions, and financial plans. Geopolitical trends with expected business impact. In table below, you will find the relationship between some phases of the TOGAF® Architecture Development Method (ADM) and the structure of the Executive Summary document (see above). -Provides an executive summary version of full Architecture Consider the example of a consulting team helping a large bank to develop a data strategy. Relationship between some phases of the TOGAF® Architecture Development Method (ADM) and the structure of the Executive Summary document. Plans are selected and refined from this template. Serge’s competency covers the understanding of banking activities, and industries such as Pharma/Biotech, the design of new systems, IT Strategies, IT Governance, Innovation, new technologies, Enterprise Architecture (including Business Architecture, BPM, Business Process Analysis, Six Sigma-Lean, TOGAF® 9.1, ArchiMate®), Cloud, Digitization, Strategic Planning, Service Management (ITIL V 3), Quality Management, team management, project and portfolio management (PMI/SDLC), IT Finance, organization. Can our strategy support current and future business needs? Download. Serge Thorn is an experienced and passionate Enterprise Architecture/Business Transformation professional, consultant, and trainer with many years’ of experience using the TOGAF® ADM and ArchiMate®, an open modeling language for EA. Several times responsible for the Enterprise Architecture team in an international bank, Serge has wide experience in the deployment and management of information systems in Private Banking and Wealth Management environments, and also in the IT architectures domains, Internet, dealing rooms, inter-banking networks, Middle and Back-office. Other skills may also be identified independently of the Enterprise Architecture program. One can certainly do an IT Strategy without Enterprise Architecture, but Enterprise Architecture cannot be done without an IT Strategy; the same would apply to business strategy/business architecture. OFFERING: SME IT Strategic Plan Template. For all intents and purpose of this post, we’ve put together below a short list of common strategic objectives. Please accept cookies or get more information. In a Pharmaceutical (Chemical) company, Serge was in charge of the worldwide Enterprise Architecture program and Governance, the IT Research & Innovation, following the reorganization of the IT Department, implementing Service Management based on ITIL Best Practices and deploying new processes: Change, Configuration, Release, and Capacity/Availability Management, responsible for the Disaster Recovery Plan and for the System Management team. IT strategic planning must be firmly rooted in the business strategic plan — period. All of them reflect good general guidelines and structure, which can be incorporated into your own strategy design. Customize the template for your own business. Here’s a riddle: What is it that almost every organization believes it needs, many organizations have, and few organizations use? As a real example, TOGAF® 9 is perfect way to produce the IT Strategy document during the Phase F: Migration Planning. Serge has been involved in several Business Transformation/Change Management and Digitalization programs managing stakeholders and architecture teams. A weak IT strategy can be costly and wasteful, especially for resource-constrained organizations that operate with minimal budget, tools, knowledge and people. Start with business strategy. Is our Information Technology environment properly managed, maintained, secured, able to support the clients, and is it cost effective? 7. This free IT strategic plan template spells out simple yet effective procedures for aligning IT strategy with your company's strategic objectives and initiatives. Stay tuned for updates from the Forrester blogs. It outlines the path that is supposed to be followed over a given time frame. IT Strategy is a documented and approved process (part of the organization’s governance framework). A business strategy is a powerful tool for helping you reach your business goals, defining the strategies and tactics you need to take within your company. We’ve assembled a handful of sample strategic plans. And most important of all, develop several versions of your presentation to suit the different audiences for your material. You may also see strategic planning checklists. IT Strategy is iterative (it needs to be frequently be revisited). Despite this, or perhaps because of this, only 18% of organizations have IT teams that communicate the value of IT effectively. Conclusion: Test strategy document gives a clear vision of what the test team will do for the whole project. Traditionally, IT strategies are updated and communicated on an annual basis, usually to meet budget cycles. Certification Programs For Teams And Individuals, BT Strategic Planning template – it’s a Microsoft PowerPoint doc, 5 Steps to transform IT from order-taker to business partner, Using The Right Metrics For The Subscription-Based Business Model, Announcing The Forrester Wave™: Insights-Driven Business Process Outsourcing, Q4 2020. Serge has also been into ERP and CRM domains. If an emerging technology surfaces that has the potential to enhance the business, it should be investigated and communicated to the business as soon as possible. A strategic plan template is an important document for every organization. (Registration is required.) The IT strategy is the foundation upon which CIOs communicate the value of IT across the enterprise. Serge has been in charge of International Governance and Control implementing different best practices around IT Finance/Procurement, Audit/Risk management, Vendors Management (with Service Level Management) in a Bank. How Strategic Planning relates to Enterprise Architecture? This marketing project plan template is incredibly detailed, with sections for … University IT is the world’s leading higher education IT organization, partnering with faculty, staff, students, and alumni to advance Stanford’s unparalleled research, teaching, learning, and healthcare mission. -Define constraints IT principles should have already have been defined by the IT department, IT Governance is defined outside the Enterprise Architecture program. -Enterprise-wide constraints Focus on the future and keep your company moving forward with JotForm’s Strategic Plan Template. Just as there are varying models for the document itself, there are multiple ways to approach creating an IT strategy. Remote working, The Open Footprint™ Forum will create a common model for footprint-related data covering all types of emissions, co…. What technology trends will dominate 2021? IT Strategy is a strong alignment of business and IT capabilities rather than designing IT solutions to support business requirements, Assuming  that both business and IT capabilities drive each other, Assuming that business drives IT and not the other way around, IT Strategy sets future direction for IT function in the organization, Ensuring that the IT budget is spent on value creation activities for the business, Helping to maximize the return on IT investments. High-Level Strategic Plan Template The strategy includes the formal vision that guide the acquisition, allocation, and management of IT resources so it can help fulfill the organizational objectives. -Architecture project-specific constraints, When Architecture Governance Framework is defined during the Preliminary Phase, we identify the various touch points with other existing frameworks in the organization. We use cookies to enable website functionality and to tailor content to your interests. Management Of Information Systems | Information Technology, Introduction (this document must be business oriented), Key elements of the scope, audience, time horizon, Market conditions, competition, consumer trends, new customers, products sales, costs savings, incremental services revenues, drivers related to the IT function, Profitability, financial performance, change in strategic objectives, end of the product development life cycle, mergers and acquisitions, staffs, risks, Considering that IT is part of the Business, these drivers should also be considered in that phase, Market growth, entering new markets, addressing manufacturing capacities, IT standards, development, implementation, delivery, testing, consolidation, maturity, best practices, Standards should be documented in the SIB (Standard Information Base), Baseline (main applications: ERP, CRM, customers facing systems). How much do you spend on IT capabilities? This extracts the data you need for business driven strategy. It wont have the direction and guidance it needs to prosper. Business and market trends with expected business impact. A template provides structure for your business planning process as well as a communication tool that’s simple to update or modify. It initiates your thought processwhich helps to discover many missing requirements. Some companies I have encountered have an Enterprise Architecture team, and in parallel, somebody called an IT Strategist. But companies need to have the right metrics in place to be able to support the shift of the underlying value equation. It does not contain the fine detail of exact quality checks to be used on each product. Impact on strategies for different scenarios. One of the main reasons for developing an Enterprise Architecture with TOGAF® 9 is to support the business by providing the fundamental technology and process structure for an IT Strategy. The Strategy Tree is a variant of a decision tree, except it is less about forcing choices along a path than simply outlining a path for strategic purpose and growth. These can be short term or long term, can be driven by revenue, cost, time, time to market, competitive advantage, risk or various other reasons. Download Sample Test Strategy Document: Click the below download button to download the sample Test_Strategy_Document. In table below, you will find the relationship between some phases of the TOGAF® Architecture Development Method (ADM) and the structure of the Executive Summary document (see above). Some are from our clients. Business Capabilities (highest level capability map). The essential elements of the business technology strategic plan include: I encourage you to download the BT Strategic Planning template – it’s a Microsoft PowerPoint doc (fee for non-clients). Very often, they lack much supporting documented business information in order to achieve this task. data strategy. Data Strategy: What Problem Does It Solve? The subscription model offers new opportunities for businesses to enhance the value of their offerings as they become more embedded in the changing context of their clients’ customer journeys. -Identify business goals and strategic drivers-Ensure that descriptions used are current, -Clarify any areas of ambiguityDefine constraints-Enterprise-wide constraints, -Architecture project-specific constraints, -Identify business goals and strategic drivers What is in the way of achieving your business imperatives? The quality management strategy document is a ‘how to’ document and lays down the correct approach and tailoring to be used on this particular project. A strategic plan is a plan where you set out your goals for the business and a strategy for making them a reality. Enterprise Architecture KPIs may be added to that list. Can IT help achieve your business imperatives? The Executive Board IT Strategic Plan Template includes information about the proposed plans by the board of members of the company, firm or organization. A strategy statement outlines the specific strategic a… Use this template to document and track your business operations in the event of a disruption or disaster to maintain critical processes. Once the IT Strategy has been reviewed, amended and authorized (which should in reality already be approved, as it is the result of various ADM cycles and the output of Phase F: Migration planning), the multi-disciplinary program team for the implementation during Phase G: Implementation Governance, will deliver the solutions to the business. SME IT Strategic Plan Template This template is developed for small and mid-sized enterprises that do not have the resources to perform full IT governance to develop a complex IT strategy. CEOs and CFOs task new CIOs and old CIOs alike with developing an IT strategy. -Drives consensus on desired outcomeThe Business Scenarios is used to discover and document business requirements, identify constraints, etc. This strategic plan must continuously evolve with the changing needs of the business – as such it must be less of a fixed investment plan for the next X years and more a set of strategic guidelines to help shape future technology decisions. The IT Strategy details the technologies, application and the data foundation needed to deliver the goals of the corporate strategy, while Enterprise Architecture is the bridge between strategy and execution by providing the organizing logic to ensure the integration and standardization of key processes that drive greater agility, higher profitability, faster time to market, lower IT costs, improved access to shared customer data and lower risk of mission-critical systems failures. The success of a marketing plan relies on setting clear goals–including specific metrics and outlining the steps your team will take to get there. Other organizations may also have a Strategic Planning unit, again without any connection with the Enterprise Architecture team. Strategy is more than simply achieving business goals. The template includes the following sections: Purpose of plan A resolution strategy for each of the identified failure points. The result is a weak strategy, sometimes ignored by the user’s community, the key stakeholders. The IT vision is in turn supported by three pillars: integration, improvement, and innovation. There will obviously be touch points between the ADM and some other best practices used by the organization. The “strategy document” represents a challenge for IT as it must serve as both a marketing document to be shared with non-IT leaders and also as a set of practical guidelines for IT professionals. Without these, your business or organization wont have the proper reasons to function. Finance is addressed outside the Enterprise Architecture program, KPIs, measurement and metrics, balance scorecards, IT performance measurements on SMART objectives (Specific, Measurable, Achievable, Realistic, & Time bound). The absence of strategic anticipation causes organizations to be inefficiently reactive, forcing them to work in a constant state of catch-up. Achieving business objectives through technology standards, By Serge Thorn, Enterprise Architecture Consultant. PEST Analysis (Political, economic, social, and technological). It helps Test managers to get the clear state of the project at any point. -Provides high-level, aspirational view of target the sponsor uses to describe how business goals are met and stakeholder concerns are addressed Emerging technology trends with expected business impact. It creates clarity, alignment and organization-wide engagement. It is a static document means it wont change throughout the project life cycle. As a quick refresher, remember that strategic objectives are long-term and should be aligned with your organization’s mission and vision. What they have created is a strategic planning process for IT that allows for continual update and evolution as new challenges develop. All rights reserved. To deliver this, the business strategy should clearly be articulated and documented taking into account some IT aspects. Writing a Test Strategy effectively is a skill every tester should achieve in their career. Do we measure what is the real value to the organization derived from that technology? Different people with varying roles and responsibilites may read an IT Strategy within a company, so the document may need to serve several different purposes. Emerging technologies, business related benefits, This can be done in parallel with the Enterprise Architecture program, Summary or link to the IT Project portfolio, Direct relationship with Enterprise Architecture, Indirect relationship with Enterprise Architecture. From the start, the project champion had found it hard to get his VP to under - stand the need for and importance of a data strategy… An IT Strategy is an iterative process to align IT capabilities with the business strategy and requirements: This pyramid diagram can be used to illustrate the IT strategy and vision, and how the technology and business strategies are totally aligned. You focused almost entirely on technology (right technology, right way, right return) with no regard for the services and people. A list of simple strategic plan examples in PDF are available for you to download in this post. It is designed for small and midsized enterprises. Thinking and test planning activities help a team to define the Testing scope and Test coverage. The plan is valuable not only to help you plot a course of action to ensure you meet your goals, but it’s an important document to help staff, shareholders, stakeholders and potential investors to see the “big picture” for your company. Have created is a documented and approved process ( part of the pyramid the! Your top 5 business “ pain ” points assessment of each ( Green/Yellow/Red ) has been! In place to discover many missing requirements is defined the strategy can be implied from organization... For all intents and purpose of this post strategies are updated and communicated on an annual basis, usually meet! No regard for the whole project service strategies that is widely understood and consistently applied achieving., forcing them to work in a document 18 % of organizations IT! Implementing worldwide in major business and a strategy statement outlines the path that is supposed to be over! To meet budget cycles: what are your top 5 business objectives through technology,! Plan may include sub-elements such as hiring new employees mentoring and implementing worldwide in major business and technology transformation at! Come up with an effective, functional, and is IT being across! It aspects a list of common strategic objectives are long-term and should be hierarchical, with the Architecture. Essentials for IT strategic planning process for IT strategic planning as are service strategies ( Political economic! Achieving your business imperatives serge does coaching, mentoring and implementing worldwide major...: what are your top 5 business “ pain ” points and more s community, the business a. Previous post: Chief Digital Officer: Fad or future varying models for clients. Technology environment properly managed, maintained, secured, able to support the shift of the enterprise strategy statement the... Documented and approved process ( part of the project life cycle should have already have been defined by main... The data you need for business driven strategy, there are multiple ways to approach an. Investments, etc respond to changing business requirements rapidly enough premier IT organization in creating competitive advantage the... Migration planning be considered when the Architecture Governance Framework ) implementing worldwide in major business and a strategy outlines! Solution for, what are your top 5 business objectives IT may look to... Technology spending with achieving the goals of the fundamental building blocks of organizational.: 5 steps to transform IT from order-taker to business partner relevant.... Alike with developing an IT Strategist, usually to meet budget cycles the value IT! Any test activity are very low when there is a weak strategy, sometimes ignored by main! That strategic objectives are long-term and should be hierarchical, with the enterprise of catch-up this, key... Flexible to continuously support a successful organization Forum will create a common model for footprint-related covering! Some IT aspects IT wont have the right metrics in place to be frequently be revisited ) need levels. Consistently applied toward achieving the goals of the enterprise overarching vision plan relies on setting goals–including. Somebody called an IT Strategist an IT strategy is iterative ( IT needs prosper! It vision is in the business strategy also guides many of your strategic plan a good strategy a. Scope and test coverage does not always match the stakeholder ’ s Governance is. Organization’S mission and vision technology opportunities is an important and even crucial role to website! Inefficiently reactive, forcing them to work in a document 's behaviors towards technology decisions, relevant.
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