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ICT Strategy

A well-constructed ICT strategy will align on two important axes:  aligning the business and IT domains, as well as aligning the long-term strategic with the shorter-term operational domains:*

Based on this alignment, selection for a portfolio of initiatives should be driven by three factors:

  • Strategies – response to strategic forces or imperatives (cost reduction, revenue generation, risk mitigation, capability improvement, asset utilisation)
  • Problems – resolution of underlying problems (or avoiding future ones)
  • Opportunities – take advantage of current or potential future opportunities

* Acknowledgement:  Henderson & Venkatraman, 1991.