IT Strategy

Definition: IT Strategy is the planning process and the resulting document (plan) related to the use of new information technologies by and within an organization.
Such strategies primarily focus on:
- Ways customers and employees are using technologies and how that may create value for the organization
- SWOT Analysis
- The company's spending (budget) on technology
- IT project portfolio management
- IT organization
- The strategic alignment of the IT strategy with the overall corporate strategy and SBU strategies.
The process is 'owned' by either the Chief Information Officer or the Chief Technology Officer.

💡

Learn more about IT Strategy.

More on innovation: 3 Horizons of Growth, 5 Factors of the Innovation Process, 6D of Exponentials Framework, Blue Ocean Strategy, Bricolage, more on innovation...

MBA Brief provides concise yet precise definitions of organizational concepts, management methods, and business models as taught in an MBA program.

We keep it short and provide links to high-quality websites where you can learn more about your topic.

Add MBA Brief to your desktop / iPad