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’s 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.