Principles for Aligning IT with Corporate Strategy




Strategic Alignment
Knowledge Center

Translate

Forum
2
Anneke Zwart
Student (University), Netherlands

Principles for Aligning IT with Corporate Strategy

Despite of the rapid rise of information technologies in the last decades, the implementation of IT in business strategies does not seem to go without problems. This is mainly because top management is misunderstanding or even totally ignoring the practice of IT.
Feld and Soddard developed a framework that includes three interdependent principles to understand and successfully implement IT in businesses:
1. Establish a long-term IT renewal plan that relates to their corporate strategy. A renewal plan like this will fit to the overall goals of the organization and creates a clear blueprint for renewing systems and creating value in the long run; simultaneously such a plan can cut short-term costs.
2. Create a corporate technology architecture that is simple and serves the entire organization. Instead of serving individual corporate units with a vertically oriented architecture, companies should establish a unifying IT platform that serves the entire organization.
3. Create an IT department that is both performance-oriented and highly functional. Rather than establishing a department functioning apart from the rest of the organization, the IT department needs to work as a team that together strives for achieving challenging corporate performance standards
Source: Feld, C.S. and D.B. Stoddard (2011) “Getting IT Right” Harvard Business Review

   

More on Strategic Alignment:
Summary
Discussion Topics
🔥How to Reach Consensus among Executives on the Strategy?
Aligning Project Management with the Business Strategy
Practical Implementation of IT Strategy
Integrated Business and IT Strategy and Execution
New Role? Chief Marketing Technologist
Strategic Alignment is Important
Business and IT Governance Model
A Multidisciplinary Approach to Strategic Alignment
Can Formula 1 Be Considered a Craft Industry?
👀Principles for Aligning IT with Corporate Strategy
How is Strategic Alignment Managed?
Apply Cynefin Framework for IT Strategy
Special Interest Group

Do you know a lot about Strategic Alignment? Become our SIG Leader

Strategic Alignment
Knowledge Center



About 12manage | Advertising | Link to us / Cite us | Privacy | Suggestions | Terms of Service
© 2023 12manage - The Executive Fast Track. V16.1 - Last updated: 2-2-2023. All names ™ of their owners.