This tool provides an outline that allows CIOs to develop a simple, yet effective IT strategic plan. This strategic plan template makes it easy for nonprofit entities to frame their plans for the next 5 years. 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. Writing a Test Strategy effectively is a skill every tester should achieve in their career. The business strategy also guides many of your organizational decisions, such as hiring new employees. People and demographic trends with expected business impact. Despite this, or perhaps because of this, only 18% of organizations have IT teams that communicate the value of IT effectively. Relationship between some phases of the TOGAF® Architecture Development Method (ADM) and the structure of the Executive Summary document. It helps Test managers to get the clear state of the project at any point. As a real example, TOGAF® 9 is perfect way to produce the IT Strategy document during the Phase F: Migration Planning. As already mentioned previously, the outline strategies will be refined and expanded with a low level of detail when addressing Segment and Capability architectures. -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. A comprehensive, strategic business plan may include company information, SWOT analysis, research, goals, resources, risks and more. 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 one-year cycle may  be too late. 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. 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. Vision. You may also see strategic planning checklists. Download Sample Test Strategy Document: Click the below download button to download the sample Test_Strategy_Document. It is a static document means it wont change throughout the project life cycle. 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. Data Strategy: What Problem Does It Solve? Serge does coaching, mentoring and implementing worldwide in major Business and Technology transformation initiatives at blue chip companies. This could also be used as an important source of information for the Strategic Planning exercise (please refer to another article for additional information:  “How Strategic Planning relates to Enterprise Architecture?“). 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. The result is a weak strategy, sometimes ignored by the user’s community, the key stakeholders. Major market drivers and economic/market trends with expected business impacts. Remote working, The Open Footprint™ Forum will create a common model for footprint-related data covering all types of emissions, co…. 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. In 2012 Forrester assembled the best components from the many strategies reviewed over the years and, in conjunction with Forrester Leadership Boards CIO members, identified the key contents for an effective BT and IT strategy. 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. 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. Test Strategy Document is a well-described document in software testing which clearly defines the exact software testing approach and testing objectives of the software application. A strategic architecture level should be used to deliver a first version of the document, which then could be reviewed with Segment or Capability architectures. To deliver this, the business strategy should clearly be articulated and documented taking into account some IT aspects. This is the part that meets the first challenge described above, where we need different levels of detail for different stakeholders. 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. 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). Is our Information Technology environment properly managed, maintained, secured, able to support the clients, and is it cost effective? Describe the objectives supported by the Master Test Plan, For Example, defining tasks and responsibilities, a vehicle for communication, a document to … 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. Customize the template for your own business. What is in the way of achieving your business imperatives? It initiates your thought processwhich helps to discover many missing requirements. For all intents and purpose of this post, we’ve put together below a short list of common strategic objectives. The Executive Board IT Strategic Plan Template includes information about the proposed plans by the board of members of the company, firm or organization. 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. Plans are selected and refined from this template. What they have created is a strategic planning process for IT that allows for continual update and evolution as new challenges develop. 10 Business Strategy Examples November 23, 2020. I know teams who write strategy do… Strategic objectives are one of the fundamental building blocks of your strategic plan. It is not easy to pitch a strategy to different levels in the hierarchy within an organization, and at the appropriate level of detail. How do you plan to achieve these objectives? The answer is an IT strategy. For this reason, Forrester recommends creating at least two documents: First the BT strategic plan – think of this as the brand marketing brochure for IT – it clearly lays out how IT will bring value to the enterprise and how this value will be measured; second, the IT operational plan – this sets out the choices IT leaders must make in order to effectively implement the BT strategy. 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 . 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. How much do you spend on IT capabilities? Does your company have a plan for technology? But companies need to have the right metrics in place to be able to support the shift of the underlying value equation. It outlines the path that is supposed to be followed over a given time frame. 7. -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 Stay tuned for updates from the Forrester blogs. -Define constraints A strategic plan is a roadmap to grow your business. Some are from our clients. These are things that you wish you had a solution for, What are your top 5 business objectives? IT Governance will be considered when the Architecture Governance Framework is defined. 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. 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… 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. Some companies I have encountered have an Enterprise Architecture team, and in parallel, somebody called an IT Strategist. Previous post: 5 Steps to transform IT from order-taker to business partner. Business Technology Strategy elements must walk the reader/listener through the strategy in logical steps beginning with business goals and ending with a flexible technology roadmap that lays out the timing of the strategy implementation. It wont have the direction and guidance it needs to prosper. Please accept cookies or get more information. Can our strategy support current and future business needs? The strategy includes the formal vision that guide the acquisition, allocation, and management of IT resources so it can help fulfill the organizational objectives. 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. The template is a skeleton – pick what you like and discard the rest. Commonalities do exist, however. There are different ways of gathering these business inputs. Steps to Create an IT Strategic Plan: Step 1: Build … This should be considered the minimum review period. OFFERING: SME IT Strategic Plan Template. 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. Conclusion: Test strategy document gives a clear vision of what the test team will do for the whole project. Before starting a business or forming an organization, one must first identify and solidify its goals and objectives. Serge has also been into ERP and CRM domains. This extracts the data you need for business driven strategy. A strategy statement outlines the specific strategic a… I have observed many situations where a C-level person was supposed to document an IT Strategy in a short period of time, in order to prepare the following year’s annual budget. Just as there are varying models for the document itself, there are multiple ways to approach creating an IT strategy. Can IT help achieve your business imperatives? You focused almost entirely on technology (right technology, right way, right return) with no regard for the services and people. Are we making the right technology investments? Use this template to document and track your business operations in the event of a disruption or disaster to maintain critical processes. data strategy. The strategy can be implied from the organization's behaviors towards technology decisions, and may be written down in a document. Effective business technology strategy must be anchored in the business goals since the strategy effectively sets out the path to achieve the goals – the BT strategy template clearly presents the choices being made in technology direction for the organization and makes it easy to see how these choices will help the organization achieve the goals. But despite the millions of dollars, pounds, euros, and yen spent on creating IT strategy every year, few of these strategies will be put to effective use. Serge has been involved in several Business Transformation/Change Management and Digitalization programs managing stakeholders and architecture teams. What will we gain by leveraging IT Capabilities across the business? This questionnaire may include some of the following examples of questions: With this input you may now start to consider the structure of your document. In developing any strategy, it is important to begin with a deep understanding of the business vision, mission, values, and goals. 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. Is our current Information Technology agile enough and flexible to continuously support a successful organization? 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. 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. Download. -Ensure that descriptions used are current The chances of missing any test activity are very low when there is a proper test strategy in place. IT strategic planning must be firmly rooted in the business strategic plan — period. 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