Buzzword: Business Model
"Business model" has to be the king of buzzwords. "Strategy" is not far behind but there is something about business models that makes it more powerful! This article tries to demystify the term.
The “IT Strategy Knowledge” category is vital for CIOs, senior IT leaders, and technology professionals seeking to expand their understanding of IT strategy and its role in driving business success. As part of our CIO Reference Library, this category offers insights, practical advice, and resources on various aspects of IT strategy, including strategic planning, alignment with business goals, digital transformation, and emerging technologies.
By exploring this category, you will gain insights into:
By staying up-to-date with the latest IT Strategy Knowledge resources, CIOs, IT leaders, and aspiring professionals can gain valuable insights, practical guidance, and information on how to excel in their roles and advance their careers. Visit this category regularly to discover new content that will help you stay current with industry trends, develop your IT strategy expertise, and succeed in the dynamic world of IT leadership.
Start with understanding what IT Strategy is, why it is crucial, and how it aligns with your organization’s overall business objectives. IT strategy is a roadmap for utilizing technology to drive innovation, optimize operations, and enable competitive advantage in the digital era. An effective IT strategy ensures that technology investments support organizational growth and agility by establishing a clear vision, identifying key performance indicators, and maintaining regular communication with stakeholders.
"Business model" has to be the king of buzzwords. "Strategy" is not far behind but there is something about business models that makes it more powerful! This article tries to demystify the term.
According to this study, Business Unit Heads are not concerned about IT Costs as they represent only 2-5% of their budgets. Really?
Ever wonder what happens when business and IT are not aligned? Well, like most other things in life, there are symptoms of misalignment. Monitoring them and analyzing them can help you avert disaster.
Colorado State IT Strategy document.
You thought you have dotted all Is and crossed all Ts but still the IT Strategy failed. Why?
Today, IT products and services are delivered to the customer for them to assemble and deploy. Is this paradigm shifting?
This article was originally published in 1999. However, it is on the money even today. Authors Jerry Luftman and Tom Brier walk through the issue of business and IT Alignment with specific examples and advice on how to achieve this goal. A must read!
Every strategist faces the “stay the course” or “cut and run” choice at least once in their careers. How do you decide which course is the correct one? More importantly, is this even a correct or complete set of choices?
The disconnect between business and IT is often lamented. A lot is spoken and written about this chasm. Ostensibly, a lot is done to bridge it. Yet, most would agree the chasm still exists.
Unlock the power of strategic planning with our comprehensive ICT Strategy Template. Designed for IT leaders, this tool simplifies the alignment of ICT initiatives with business goals, risk management, stakeholder engagement, and performance measurement. Embrace efficient, data-driven decision-making today.
Please login to unlock all 639 posts in IT Strategy Knowledge
Access the CIO Knowledgebase. Join the world’s largest community of senior IT leaders.
Learn. Share. Network.