Strategic IT Planning for Enterprise Vision - myassignmenthelp

Question: Discuss about theStrategic IT Planning for Enterprise Vision. Answer: The three phases of strategic planning process are: Planning Phase- Planning Phase involves four steps of planning. A) Enterprise Vision: This planning is done by the senior leaders and management (Cummings and Worley 2014). In this phase the leaders communicate and develop the strategic plan of the enterprise for the upcoming two to five year. B) Technology and Business Outlook: This step consists of team of senior management, IT and representatives of business unit who develops the business and technology outlook for two to five years. C) Gap Analysis and Current State Assessment- this step analyses the current state of IT, processes and enterprise systems compared to step 2. D) Strategies, strategic imperatives and the budget for the coming year- The investment plan, budget plan, road map and the priorities of the coming year is developed (Epstein and Buhovac 2014). The annual budget of the company is approved in this method and is taken for further for implementing. Decision- making Phase- Decision Making phase consists of Governance Decisions and Road map to IT. The government process that includes the sourcing and supplier selection is guided in this budget. Measuring and evaluation phase- This phase consist of the Balanced Scorecard Reviews which records the performance on a monthly basis. This monthly basis evaluation helps to keep the evaluation updated without any mistakes. Instead of using two to five year plan, Intel follows an approach to update the plan each year new strategies and plans are done implemented every year. To compete with the environment and to keep a look if anything new has arrived in the environment this plan is implemented. To minimize the demand on peoples time, subject matter experts are engaged by strategic planning team at the time when the situation is critical. Intels IT Strategic plan is evaluated by using scorecards that clarifies and update the strategy of business, annual budgets and long term targets are linked with strategic objective (Galliers and Leidner 2014). It also gives the strategic process is integrated with the process of resource allocation, the strategy and vision of the corporate are understood by the company. In Intel, the plan is not replace din every two or three years. Instead of that, the plan is updated every year seeing if anything new has arrived in the environment. This makes the plan sustainable. Short term strategies of businesses are supported by IT strategy because decision making that are consistent are supported at all the levels of the business environment. IT strategic planning of Intel has helped Intel by providing a credible and clear direction and helps to support the decision making that is consistent at all the levels of the business (Hill, Jones and Schilling 2014). It also provides a sustainable decision planning by changing its planning in one year of gap to meet the environment change that comes as change in technologies. References Cummings, T.G. and Worley, C.G., 2014.Organization development and change. Cengage learning. Epstein, M.J. and Buhovac, A.R., 2014.Making sustainability work: Best practices in managing and measuring corporate social, environmental, and economic impacts. Berrett-Koehler Publishers. Galliers, R.D. and Leidner, D.E. eds., 2014.Strategic information management: challenges and strategies in managing information systems. Routledge. Hill, C.W., Jones, G.R. and Schilling, M.A., 2014.Strategic management: theory: an integrated approach. Cengage Learning.