What is an It Strategy Plan?
An IT Strategy Plan outlines a company’s plan for the development and implementation of IT solutions that meet their corporate objectives. The plan should include a clear definition of the company’s focus areas, objectives, and measurable targets (KPIs) that can be used to track progress and success. It should also outline the related projects and initiatives needed to achieve the KPIs, as well as any resources needed to complete the projects.
What's included in this It Strategy Plan template?
- 3 focus areas
- 6 objectives
- 6 projects
- 6 KPIs
Each focus area has its own objectives, projects, and KPIs to ensure that the strategy is comprehensive and effective.
Who is the It Strategy Plan template for?
The IT Strategy Plan template is designed for IT teams to create a plan to develop and implement their strategies aligned to the organization's priorities. The template can be used to map out the company’s current IT infrastructure and goals, identify any potential risks and obstacles, and develop an action plan for achieving the goals. It can also be used to track progress and success, and make any necessary adjustments to the plan as needed.
1. Define clear examples of your focus areas
Focus areas are the key areas of focus for the business, and should be defined in terms of the objectives that need to be achieved. Examples of focus areas could include improving customer experience, increasing operational efficiency, and enhancing digital presence.
2. Think about the objectives that could fall under that focus area
Objectives are the specific goals that need to be achieved to reach the focus area. For example, under the focus area of improving customer experience, objectives could include improving customer service response time and increasing customer satisfaction.
3. Set measurable targets (KPIs) to tackle the objective
KPIs (Key Performance Indicators) are measurable targets that can be used to track and measure the success of an objective. For example, for the objective of increasing customer satisfaction, the KPI could be to increase customer feedback response rate from 50% to 80%.
4. Implement related projects to achieve the KPIs
Projects (also known as actions) are the initiatives and activities that need to be undertaken in order to achieve the KPIs. For example, for the KPI of increasing customer feedback response rate, the project could be to increase customer service staff.
5. Utilize Cascade Strategy Execution Platform to see faster results from your strategy
Cascade Strategy Execution Platform helps teams manage and track their strategy development and implementation. It provides tools for creating and tracking tasks, measuring progress and success, and making adjustments to the plan as needed, allowing teams to see faster results from their strategies.