Step 2: To reach IT Paradise, you need a technology strategy that aligns with your business goals.
As with any part of your business that you believe can change its trajectory, it is critical that you build a strategy. Technology is no different, especially since it is one factor that is constantly opening new opportunities for improvement. Technology for technology sake is never good, but a strategy to use technology to achieve your business goals, is a must.
Your technology strategy should:
- Support your overall business vision, mission and core values.
- Focus on how to empower all parties including employees, clients, vendors and partners.
- Be a living document that is reviewed and updated at least annually.
- Include budgets and forecasts that are integrated with your overall business plan.
Take your lead from Jack Welch who stated, “A strategy is something like, an innovative new product; globalization, taking your products around the world; be the low-cost producer. A strategy is something you can touch; you can motivate people with; be number one and number two in every business. You can energize people around the message.