{"id":51,"date":"2012-05-21T09:16:00","date_gmt":"2012-05-21T09:16:00","guid":{"rendered":"https:\/\/ahm.basfinans.com\/index.php\/2012\/05\/21\/it-strategy-template\/"},"modified":"2012-05-21T09:16:00","modified_gmt":"2012-05-21T09:16:00","slug":"it-strategy-template","status":"publish","type":"post","link":"https:\/\/ahm.basfinans.com\/index.php\/2012\/05\/21\/it-strategy-template\/","title":{"rendered":"IT Strategy Template"},"content":{"rendered":"<p><\/p>\n<h1 align=\"center\" style=\"text-align: center;\">\n<p><span style=\"font-size: 20pt; line-height: 115%;\">IT Strategy Template<o:p><\/o:p><\/span><\/h1>\n<table border=\"1\" cellpadding=\"0\" cellspacing=\"0\" style=\"border-collapse: collapse; border: none; mso-border-alt: solid black .5pt; mso-border-themecolor: text1; mso-padding-alt: 0in 5.4pt 0in 5.4pt; mso-yfti-tbllook: 1184;\">\n<tbody>\n<tr>\n<td style=\"border: solid black 1.0pt; mso-border-alt: solid black .5pt; mso-border-themecolor: text1; mso-border-themecolor: text1; padding: 0in 5.4pt 0in 5.4pt; width: 6.15in;\" valign=\"top\" width=\"590\">\n<div style=\"margin-bottom: 0.0001pt; text-indent: -0.25in;\">\n<\/p>\n<ol>\n<li><span style=\"font-size: 7pt; text-indent: -0.25in;\">&nbsp; &nbsp; &nbsp; &nbsp;<\/span><span dir=\"LTR\" style=\"text-indent: -0.25in;\"><\/span><span style=\"text-indent: -0.25in;\">What business outcomes must we support? [Selected&nbsp; after our analysis]<\/span><\/li>\n<li><span style=\"font-size: 7pt; text-indent: -0.25in;\">&nbsp; &nbsp; &nbsp; &nbsp;<\/span><span dir=\"LTR\" style=\"text-indent: -0.25in;\"><\/span><span style=\"text-indent: -0.25in;\">What IT services will we offer to support these objectives?<\/span><\/li>\n<li><span style=\"font-size: 7pt; text-indent: -0.25in;\">&nbsp; &nbsp; &nbsp; &nbsp;<\/span><span dir=\"LTR\" style=\"text-indent: -0.25in;\"><\/span><span style=\"text-indent: -0.25in;\">Who are our internal and external customers? [Strategically<br \/>\n  selected customers]<\/span><\/li>\n<li><span style=\"font-size: 7pt; text-indent: -0.25in;\">&nbsp; &nbsp; &nbsp; &nbsp;<\/span><span dir=\"LTR\" style=\"text-indent: -0.25in;\"><\/span><span style=\"text-indent: -0.25in;\">What market spaces do we serve? [Based on our research of<br \/>\n  market spaces]<\/span><\/li>\n<li><span style=\"font-size: 7pt; text-indent: -0.25in;\">&nbsp; &nbsp; &nbsp; &nbsp;<\/span><span dir=\"LTR\" style=\"text-indent: -0.25in;\"><\/span><span style=\"text-indent: -0.25in;\">Technology standards<\/span><\/li>\n<li><span style=\"font-size: 7pt; text-indent: -0.25in;\">&nbsp; &nbsp; &nbsp; &nbsp;<\/span><span dir=\"LTR\" style=\"text-indent: -0.25in;\"><\/span><span style=\"text-indent: -0.25in;\">Architecture<\/span><\/li>\n<li><span style=\"font-size: 7pt; text-indent: -0.25in;\">&nbsp; &nbsp; &nbsp; &nbsp;<\/span><span dir=\"LTR\" style=\"text-indent: -0.25in;\"><\/span><span style=\"text-indent: -0.25in;\">How do we prioritize and decide on investments? [This is an<br \/>\n  outcome of portfolio management process]<\/span><\/li>\n<li><span style=\"font-size: 7pt; text-indent: -0.25in;\">&nbsp; &nbsp; &nbsp; &nbsp;<\/span><span dir=\"LTR\" style=\"text-indent: -0.25in;\"><\/span><span style=\"text-indent: -0.25in;\">IT organization governance<\/span><\/li>\n<\/ol>\n<\/div>\n<div style=\"margin: 0in 0in 0.0001pt 1in; text-indent: -0.25in;\">\na.<span style=\"font-size: 7pt;\">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br \/>\n  <\/span><span dir=\"LTR\"><\/span>Why: After the widely<br \/>\n  reported collapse of&nbsp;<a href=\"http:\/\/en.wikipedia.org\/wiki\/Enron\" title=\"Enron\"><span style=\"color: windowtext;\">Enron<\/span><\/a>&nbsp;in 2000 and<br \/>\n  the alleged problems within&nbsp;<a href=\"http:\/\/en.wikipedia.org\/wiki\/Arthur_Andersen\" title=\"Arthur Andersen\"><span style=\"color: windowtext;\">Arthur Andersen<\/span><\/a>&nbsp;and&nbsp;<a href=\"http:\/\/en.wikipedia.org\/wiki\/WorldCom\" title=\"WorldCom\"><span style=\"color: windowtext;\">WorldCom<\/span><\/a>, the duties and responsibilities<br \/>\n  of auditors and the boards of directors for public and privately held<br \/>\n  corporations were questioned. As a response to this, and to attempt to<br \/>\n  prevent similar problems from happening again, the <u>US&nbsp;<\/u><a href=\"http:\/\/en.wikipedia.org\/wiki\/Sarbanes-Oxley_Act\" title=\"Sarbanes-Oxley Act\"><span style=\"color: windowtext;\">Sarbanes-Oxley Act<\/span><\/a>&nbsp;was<br \/>\n  written to stress the importance of business control and auditing. Although<br \/>\n  not directly related to IT governance, Sarbanes-Oxley and Basel-II in Europe<br \/>\n  have influenced the development of information technology governance since<br \/>\n  the early 2000s.<\/div>\n<div style=\"margin: 0in 0in 0.0001pt 1in; text-indent: -0.25in;\">\nb.<span style=\"font-size: 7pt;\">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br \/>\n  <\/span><span dir=\"LTR\"><\/span>Why: the need for greater<br \/>\n  accountability for decision-making around the use of IT in the best interest<br \/>\n  of all stakeholders<\/div>\n<div style=\"margin: 0in 0in 0.0001pt 1in; text-indent: -0.25in;\">\nc.<span style=\"font-size: 7pt;\">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br \/>\n  <\/span><span dir=\"LTR\"><\/span>IT governance<br \/>\n  systematically involves everyone: board members, executive management, staff<br \/>\n  and customers.<\/div>\n<div style=\"margin: 0in 0in 0.0001pt 1in; text-indent: -0.25in;\">\nd.<span style=\"font-size: 7pt;\">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br \/>\n  <\/span><span dir=\"LTR\"><\/span>&nbsp;It establishes the<br \/>\n  framework (see below) used by the organization to establish transparent<br \/>\n  accountability of individual decisions, and ensures the traceability of<br \/>\n  decisions to assigned responsibilities.<\/div>\n<div style=\"margin: 0in 0in 0.0001pt 1in; text-indent: -0.25in;\">\ne.<span style=\"font-size: 7pt;\">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br \/>\n  <\/span><span dir=\"LTR\"><\/span>It states that strategic<br \/>\n  IT decisions should be owned by the corporate board, rather than by<br \/>\n  the&nbsp;chief information officer&nbsp;or other IT managers<\/div>\n<div style=\"margin-bottom: 0.0001pt; text-indent: -0.25in;\">\n<span style=\"font-size: 7pt; text-indent: -0.25in;\">&nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; &nbsp; <\/span><span style=\"text-indent: -0.25in;\">9.<\/span><span style=\"font-size: 7pt; text-indent: -0.25in;\"> W<\/span><span style=\"text-indent: -0.25in;\">hat constraints must we manage<\/span><\/div>\n<div style=\"margin-bottom: 0.0001pt;\">\n<\/div>\n<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<div>\nNote:<\/div>\n<div>\nYou can easily lose what is the point of all the above<br \/>\ndetails; I want to focus on what strategy essentially means to guide us<br \/>\ndeveloping it.&nbsp;Strategy&nbsp;basically&nbsp;means:<\/div>\n<div style=\"mso-list: l1 level1 lfo2; text-indent: -.25in;\">\n1.<span style=\"font-size: 7pt;\">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br \/>\n<\/span><span dir=\"LTR\"><\/span>A high level plan of action<br \/>\nto achieve your objectives; so you should first know clearly what is your<br \/>\nobjectives.<\/div>\n<div style=\"mso-list: l1 level1 lfo2; text-indent: -.25in;\">\n2.<span style=\"font-size: 7pt;\">&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;<br \/>\n<\/span><span dir=\"LTR\"><\/span>Policy (guiding principles of<br \/>\naction) designed to achieve your objectives.<\/div>\n<div>\n<\/div>\n<div>From ahm507.blogspot.com<\/div>\n","protected":false},"excerpt":{"rendered":"<p>IT Strategy Template &nbsp; &nbsp; &nbsp; &nbsp;What business outcomes must we support? [Selected&nbsp; after our analysis] &nbsp; &nbsp; &nbsp; &nbsp;What IT services will we offer to support these objectives? &nbsp; &nbsp; &nbsp; &nbsp;Who are our internal and external customers? [Strategically selected customers] &nbsp; &nbsp; &nbsp; &nbsp;What market spaces do we serve? [Based on our research [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"_links":{"self":[{"href":"https:\/\/ahm.basfinans.com\/index.php\/wp-json\/wp\/v2\/posts\/51"}],"collection":[{"href":"https:\/\/ahm.basfinans.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ahm.basfinans.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ahm.basfinans.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/ahm.basfinans.com\/index.php\/wp-json\/wp\/v2\/comments?post=51"}],"version-history":[{"count":0,"href":"https:\/\/ahm.basfinans.com\/index.php\/wp-json\/wp\/v2\/posts\/51\/revisions"}],"wp:attachment":[{"href":"https:\/\/ahm.basfinans.com\/index.php\/wp-json\/wp\/v2\/media?parent=51"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ahm.basfinans.com\/index.php\/wp-json\/wp\/v2\/categories?post=51"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ahm.basfinans.com\/index.php\/wp-json\/wp\/v2\/tags?post=51"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}