Define a Strategic IT Plan
IT Strategic planning is required to manage and direct all IT resources in line with the business strategy and priorities. The IT function and business stakeholders are responsible for ensuring that optimal value is realized from product and its feature portfolios. The strategic plan should improve key stakeholders understanding of IT opportunities , possibilities and limitations , assess current all product performance and clarify the level of investment required in each of the product basket. The business strategy and priorities are to be reflected in portfolios and executed by IT tactical plan(s) which establishes concise objectives , plans and tasks understood and accepted by both business and IT
Control over the IT Process of
Define a strategic IT Product Plan
that satisfies be business requirements for IT of
sustaining or extending the business strategy and governance requirements while taking transparent about benefits , costs and risks to the organizations.
by focusing on
incorporating IT and business management in the translation of business requirements into product service offerings and the development of strategies to deliver these organization goals in a transparent and effective manner
is achieved by
- Engaging the business and in aligning IT strategic planning with current and future business needs.
- Understanding current IT capabilities.
- Providing for a prioritization schema for the business objectives that quantifies the business requirements.
and is measured by
- Percent of IT objectives in the IT strategic plan that support the strategic business plan
- Percent of IT products in the IT product portfolio that can be directly traced back to the IT tactical plan.
- Delay between updates of IT strategic plan and updates of IT tactical plans.
Detailed Control Objectives should be created for the management guidelines like
- IT value management.
- Business-IT alignment
- Assessment of Current performance
- Strategic plan
- Tactical plans
- Portfolio management with various cost/benefit reports.