A Framework to Align Business and IT Strategy
Align business and IT strategy using Tracy and Wiersema’s Value Discipline model and "technology themes"
This paper presents a framework to align business and IT strategy for the insurance industry. It proposes using Tracy and Wiersema’s Value Discipline model to understand business value drivers and then introduces the concept of technology "themes" to align them with IT strategy and solutions.
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Follow these 10 steps to align business and IT. No business will ever reach the goal of “business and IT alignment”. Should this discourage you from pursuing business and IT alignment? NO! It is a worthy goal to pursue. Indeed, it is a critical one to pursue. You might never reach alignment but y... This presentation deals with business IT alignment from a capabilities perspective - actually actively promotes the use of capabilities based model and iterative development and implementation.
What is the biggest problem facing IT Value? Lack of single framework that connects business and IT - top to bottom; left to right. Can a single framework connect the organizational stovepipes and frameworks within each? This is a good start but the... An excellent discussion on business it management - alignment and fusion. MUST READ!! An excellent discussion on the business value of IT and the tools and frameworks toward that end. MUST Read! This paper discusses business/it alignment in the context of eBusiness. A very good discussion on developing IT Strategy including detailed steps and explanations. Must Read! A framework for IT Investment Management - also covers the process and maturity model. Must Read!
This paper describes a framework to develop an information technology strategic plan for an organization. Focused on government organizations but the framework can be applied to any organization's IT Strategy design. In this series, we will discuss IT Value - from its definition to a framework to measure and track it
An improved method for measuring Total Cost of Ownership of data center and network room physical infrastructure and relating these costs to the overall Information Technology infrastructure This presentation introduces a framework to understand, formulate and implement information technology (IT) strategy and measure outcomes using key performance indicators. This presentation outlines North Carolina State's investment management framework. This framework is a good place to start if you are on the IT Portfolio Management journey. Good Read! This is a guide to Outcome Management, an IT Planning and Management Methodology of the Canadian Government. An excellent guide to Economic Value Added (EVA) - it introduces the framework and provides good guidance on it use. The handbook approaches the topic from a general manager's perspective (not from a quant jock's perspective) so it makes the concept... Is there a connection between business value and IT capability? Why yes, you proclaim. Now prove it! If you need help, this paper may be a good place to start. This article was originally published in 1999. However, it is on the money even today. Authors Jerry Luftman and Tom Brier walk through the issue of business and IT Alignment with specific examples and advice on how to achieve this goal. A must read... This presentation describes and defines business it alignment and outlines steps to achieve business alignment. Why is aligning business strategy and it strategy so difficult? This paper explores business and it alignment to identify the level of business alignment with it and the reasons for the continuing challenge of aligning business with it. This presentation discusses business it alignment - what is it? why is it important? how to achieve it? Rapid Economic Justification (REJ) is Microsoft's Framework for IT investment optimization. This paper provides a quick introduction to REJ and its use. This presentation provides an introduction to the WiBe 4.0 framework: The problem: IT value. The solution? Many many frameworks and methodologies. Here is another one developed by Intel: IT Capability Maturity Framework (IT-CMF) This book - 416 pages - is an excellent resource on making decisions by objectives or DBO. It explains the basis, basics and then goes in depth on the Analytic Hierarchy Process (AHP). Returns are NOTHING without risk. Get it? Alignment is an issue but are you focused on the right strategy to fix it? This presentation defines business IT alignment, discusses the difficulty in aligning business with IT and proposes a solution to the business it alignment issue. This whitepaper provides valuable insight into business it alignment, measurement of business value created by IT, measurement of this IT value and making better decisions based upon this measurement.
What is business it alignment? Does the definition vary by the organizational role - from a CEO or CFO perspective? What is the connection between business IT alignment and enterprise architecture? A good start to get answers to these questions. Prof. Luftman has proposed a maturity model for Business IT Alignment. Does that model cover the entire value chain? The author proposes a model that plugs this hole This chapter presents the use of Balanced Scorecard to align IT with business.
This presentation makes the connection between information technology service management (ITSM) and business it alignment. This research paper suggests that there are five critical success factors that drive IT strategy, identifies five best practices, and discusses challenges faced while developing an IT Strategy. This article describes a tool/framework to measure and address business it alignment. ICT Business case template as an MS Excel spreadsheet that you can use to justify, and monitor it investments. This presentation provides the connection between corporate or business strategy and Information Technology Strategy. Information Technology Capital Planning and Investment Control (CPIC) Guide provides an in-depth discussion on an Information Technology Investment Management framework.
A simple framework to understand the relationship between business strategy, organizational strategy and IT strategy. This planning methodology guide explains the basic steps to perform IT strategic planning. This paper presents a cost and performance measurement system that integrates the Activity-Based Costing (ABC) method with the Economic Value Added value-based financial performance measure. This paper presents an integrated strategic planning framework using critical success factors. This framework can be used for information technology strategy development and can also be applied to other specific functions such as organizational stra... This short presentation provides a bird's eye view to the Analytic Hierarchy Process (AHP) Framework. Quick easy read. This paper explains in depth the Economic Value Added (EVA) framework, its proper use and compares the framework to other value measurement frameworks. This presentation provides an introduction to the value measuring methodology (VMM). One of the toughest questions to answer is: is my business is alignment with IT? Prof. Luftman tries to answer this question in this paper originally published in 2000. IT Business Case Template with step by step guide you can use to assess value of IT projects - costs, benefits, and risks.
Which is better; Applied Information Economics (AIE) or Balanced Scorecard (BSC)? Read On...
This document details a strategic plan for IT that highlights two things: 1) the role IT plays in business success 2) what are the considerations for implementing an IT strategy plan. Good sample for the CIO to create a business driven IT strategy fo... This paper presents a definition, process and methodology for IT Strategy.
IT Strategy requires a process and a framework. The former provides the steps and the latter the toolkit. Together they help an organization get to an IT Strategy that maximizes IT ROI. This article addresses the latter. This presentation provides an excellent overview of IT Strategy with a focus on the need to develop one: create shareholder value by aligning IT investments with business needs. It introduces a framework for IT Strategy geared towards business IT ali... This information technology strategy framework details the key components, and their relationships used to manage an enterprise's IT capability, and how to use them to create a strategic plan for IT for the organization. An excellent discussion resou... This information technology (IT) strategy framework is designed to assist in the creation of an IT strategic plan for educational and learning institutions. It is presented in the form of a workbook that identifies current situation and the path to d... A very good presentation that takes IT Strategy to solutions architecture using SOA. Good read! This presentation describes three key information technology (IT) Strategy models. The good professor hits upon this key topic with an assortment of tools/frameworks - SWOT, Balanced Scorecard, 7S Framework etc. - and case studies. Excellent Read! This whitepaper discusses using service resource planning to leverage IT resources for maximum business value — "both for your IT business and the wider business that IT serves." An excellent tool to manage IT investments. Good read! Last week, we lay the foundation for a discussion on IT Value. This week, we look at specific areas where IT creates value. Last week, we focused on revenues. This week, we look at the costs in the IT value equation.
Last week, we discussed the cost dimension of IT Value. This week, we will discuss the time to market dimension.
Last week, we discussed the time to market dimension of IT Value. This week, we will discuss the quality dimension.
Last week, we focused on quality and its impact on IT Value. This week, we will take a look at productivity and its impact on IT Value
Last week, we focused on productivity and its impact on IT Value. This week, we will take a look at customer satisfaction and its impact on IT Value
Last week we discussed customer satisfaction. This week we will look at the risk dimension of IT Value.
What are the factors that affect IT Alignment? How do they impact resulting IT Value? Read on to find out... This presentation discusses the use of real options to value IT investments. This is a seminal paper on IT Alignment. Venkatraman and Henderson This paper discusses an enterprise architecture based framework to identify, measure, improve and maintain strategic business and IT alignment in an enterprise. This paper, as the name suggests, combines two classic models - Venkatraman's Strategic Alignment Model and Yu's Goal Modeling technique.
This research examines the key aspect of Strategic information systems planning (SISP) in the changing business scenario. Is IT Alignment a strategic weapon to gain competitive advantage? Duh! But do you know to what extent information intensity affects competitive advantage? Hmm... This article describes the factors to consider in developing an IT Strategic plan to maximize the returns of technology investments. Technology enables business strategy. Does technology drive business strategy? This paper discusses the latter in great depth Is business and it alignment affected by national culture? Is business and it alignment more mature in one country than in another? This paper introduces a new IT Strategy framework - Flexible Information Technology Tools and Strategies (FITS). FITS is a compilation of existing best practices and methods incorporated into a unique rapid implementation framework. This presentation discusses the role of the CIO in the delivery of business value. Using the IT CMF (IT Capability Maturity) Framework they can, on the one hand, start a new, business value based, dialogue, with their business partners and on the ot... How can managers turn IT into something more than infrastructure? Read On! Business IT Alignment, how Germans do it! Good Read! This paper presents an overview of some the more famous frameworks to measure IT's public value. The surprise here is that these frameworks can be used by "for profit" corporations as well.
Posted on 05/17/2010 by