Strategic IT Planning Assignment for Business Development Course

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This assignment solution addresses key aspects of strategic IT planning, including the three phases of the planning process: planning, decision-making, and measuring and evaluation. The solution outlines the steps within the planning phase, such as enterprise vision, technology and business outlook, gap analysis, and strategy development. It also analyzes Intel's approach to IT strategic planning, highlighting its annual updates to adapt to environmental changes, and how it engages subject matter experts and uses scorecards for evaluation. The solution further explores how Intel's IT strategic plan supports short-term business strategies and provides consistent decision-making across all business levels, emphasizing the plan's sustainability and credibility. References to relevant literature are also included.
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Running head: STRATEGIC IT PLANNING
Strategic IT Planning
Name of Student-
Name of University-
Author Note-
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1STRATEGIC IT PLANNING
Answer to Question 1:
The three phases of strategic planning process are:
Planning Phase- Planning Phase involves four steps of planning. A) Enterprise
Vision: This planning is done by the senior leaders and management (Cummings
and Worley 2014). In this phase the leaders communicate and develop the
strategic plan of the enterprise for the upcoming two to five year. B) Technology
and Business Outlook: This step consists of team of senior management, IT and
representatives of business unit who develops the business and technology
outlook for two to five years. C) Gap Analysis and Current State Assessment- this
step analyses the current state of IT, processes and enterprise systems compared
to step 2. D) Strategies, strategic imperatives and the budget for the coming year-
The investment plan, budget plan, road map and the priorities of the coming year
is developed (Epstein and Buhovac 2014). The annual budget of the company is
approved in this method and is taken for further for implementing.
Decision- making Phase- Decision Making phase consists of Governance
Decisions and Road map to IT. The government process that includes the
sourcing and supplier selection is guided in this budget.
Measuring and evaluation phase- This phase consist of the Balanced Scorecard
Reviews which records the performance on a monthly basis. This monthly basis
evaluation helps to keep the evaluation updated without any mistakes.
Answer to Question 2:
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2STRATEGIC IT PLANNING
Instead of using two to five year plan, Intel follows an approach to update the plan each
year new strategies and plans are done implemented every year. To compete with the
environment and to keep a look if anything new has arrived in the environment this plan is
implemented.
Answer to Question 3:
To minimize the demand on people’s time, subject matter experts are engaged by
strategic planning team at the time when the situation is critical.
Answer to Question 4:
Intel’s IT Strategic plan is evaluated by using scorecards that clarifies and update the
strategy of business, annual budgets and long term targets are linked with strategic objective
(Galliers and Leidner 2014). It also gives the strategic process is integrated with the process of
resource allocation, the strategy and vision of the corporate are understood by the company.
Answer to Question 5:
In Intel, the plan is not replace din every two or three years. Instead of that, the plan is
updated every year seeing if anything new has arrived in the environment. This makes the plan
sustainable.
Answer to Question 6:
Short term strategies of businesses are supported by IT strategy because decision making
that are consistent are supported at all the levels of the business environment.
Answer to Question 7:
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3STRATEGIC IT PLANNING
IT strategic planning of Intel has helped Intel by providing a credible and clear direction
and helps to support the decision making that is consistent at all the levels of the business (Hill,
Jones and Schilling 2014). It also provides a sustainable decision planning by changing its
planning in one year of gap to meet the environment change that comes as change in
technologies.
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4STRATEGIC IT PLANNING
References
Cummings, T.G. and Worley, C.G., 2014. Organization development and change. Cengage
learning.
Epstein, M.J. and Buhovac, A.R., 2014. Making sustainability work: Best practices in managing
and measuring corporate social, environmental, and economic impacts. Berrett-Koehler
Publishers.
Galliers, R.D. and Leidner, D.E. eds., 2014. Strategic information management: challenges and
strategies in managing information systems. Routledge.
Hill, C.W., Jones, G.R. and Schilling, M.A., 2014. Strategic management: theory: an integrated
approach. Cengage Learning.
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