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1-800-THE-TREE (1-800-843-8733)
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IT Strategic Planning: Maximizing the Value of Your IT Investment
Course: 907
Type: RealityPlus
Duration: 3 Days
You Will Learn How To
- Develop a business-driven IT strategic plan that aligns with the needs of your organization
- Assess the enterprise environment to determine business goals and core values
- Analyze your current IT assets to prioritize investments and allocate resources
- Make informed decisions to focus your strategic initiatives
- Socialize and communicate your strategic IT vision effectively
- Apply a continuous improvement process to monitor and update your plan
Course Benefits IT plays a crucial role in enabling your overall business strategy. Effective IT strategic planning is an essential component to the success of the enterprise. IT strategic planning allows an organization to prioritize IT projects, optimize resource allocation and monitor performance. In this course, you gain the knowledge and skills necessary to establish an IT strategic plan that aligns with your organization's business objectives.Who Should Attend IT and business managers, senior executives, project and program managers, enterprise architects and anyone involved in IT strategic planning. Familiarity with an IT environment is helpful.Through an engaging case study and interactive team activities, you apply best practices and methods to develop a critical strategic plan that aligns IT with the business. Activities include:
- Deriving key business objectives and core values
- Building a case for an IT strategic plan
- Prioritizing business objectives with the schema template
- Performing a maturity assessment using an industry standard methodology
- Conducting a SWOT analysis
- Charting Critical Success Factors
- Applying filtering tools to select the top strategic initiatives
- Creating solutions for projects and lights-on activities
- Compiling and presenting the IT strategic plan
- Quantifying results using a balanced scorecard approach
Course 907 Content
- Managing IT as a business
- Benefits of strategic planning for IT
- Making IT strategic planning a priority
- Key components of an IT strategic plan
- Defining the process
- Engaging stakeholders in the planning process
- Adhering to management best practices
- Detecting internal sources of information
- Recognizing external constraints and drivers
- Filtering strategic from tactical initiatives
- Ranking objectives for maximum impact
- Categorizing current projects and services
- Appraising the IT asset inventories
- Assessing current risks and performance
- The role of enterprise architecture
- Employing a structured governance model
- Identifying skills, roles and responsibilities
- Controlling regulatory elements
- Conducting a SWOT analysis
- Comparing IT portfolios and governance against business objectives
- Isolating misaligned projects and services
- Taking advantage of analysis techniques
- Leveraging your assessment results
- Mapping CSFs to business goals
- Categorizing initiatives against core values
- Managing costs and risks
- Addressing Key Performance Indicators (KPIs)
- Validating the alignment with the enterprise strategy
- Researching applicable compliance requirements
- Defining the decision and accountability framework
- Fine-tuning the proposed initiatives
- Establishing business cases and technology opportunities
- Anticipating the expected impact on the organization
- Specifying control objectives
- Negotiating SLAs and OLAs
- Estimating program resources
- Scheduling and projecting cash flow
- Employing decision matrices to help rationalize the candidate program prioritization
- Selecting the final strategic initiatives
- Producing the final plan
- Soliciting feedback from stakeholders
- Socializing the plan
- Getting support from senior management
- Achieving formal acceptance and commitment to the plan
- Deriving annual budget estimates
- Developing tactical plans
- Updating project portfolios
- Establishing metrics to measure the efficiency of the portfolio
- Implementing an IT balanced scorecard
- Taking corrective actions and maintaining the plan in a timely manner
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