process for information technology IT Organization investment and decision making a designed to meet the changing quicker, more flexible, and more strategies of a business. thoroughly aligned process. Focuses on discovering innovative Identifying Business/IT Strategies approaches to satisfying a overall plan which consists of objectives, company’s customer value and principles and tactics relating to use of business value goals. technologies within particular organization 3 major components of Business/IT Planning Quadrant Strategies Strategy Development Cost and Efficiency developing business strategies that improvement support a company’s business this quadrant represent a low vision. amount of internal company, and Resource Management competitor connectivity and use of developing strategic plans for IT via internet and other network. managing or outsourcing a Performance Improvement in company’s IT resources, including Business Effectiveness IS personnel, hardware, software, here a company has a high degree data, and network resources. of internal connectivity and Technology Architecture pressures to substantially improve making strategic IT choices that its business process, but external reflect an information technology connectivity by customers and architecture designed to support a competitors is still slow. company’s e-business and other Global Market Penetration business/IT planning. must capitalize on a high degree of customers and competitor and use Major Component of IT of IT. Architecture Product and Service Technology Platform Transformation the internet, intranet, extranets and this enables the company to develop other network computer system. and deploy new internet-based Data Resources product and services that store and provide data and strategically reposition it in the information for business processes marketplace. and decision support. Application Architecture E-Business Strategy Example business applications and Market Creator information technology are designed use the internet to define new as an integrated architecture of market by identifying a unique enterprise system that support customer need. strategic business initiatives, as well Channel Reconfiguration use the internet as a new channel to directly access customers, make sales, and fill orders. Transaction Intermediary use the internet to process purchases. Infomediary use the internet to reduce the search cost. Self-service Innovator use the internet to provide a comprehensive suite of services that customers, employees can use directly. Supply Chain Innovator use the internet to streamline the interactions among all parties in the supply chain to improve operating efficiency. Channel Mastery use the internet as a sales and service chain.
Business Application Planning
developing and implementing business application of IT, and managing their development project
Business/IT Architecture Planning
combines contemporary strategic planning methods like SWOT analysis and alternative planning scenarios with more recent business modeling and application development methodologies like component-based development.