Unit:5 Information Technology Project Management
RUNNING HEADER: Information Technology Strategy Development 1
Information Technology Strategy Development 5
Information Technology Strategy Development
Crystal Randolph
Colorado Technical University
Noel Broman
Date: July 27, 2018
Business Marketing Strategy Outline
Table of Contents
11. Introduction
2 4. Forces presently governing competition
2 6. Aligning Information Technology and Organizational Strategy
3 7. Critical success factors for the IT manager
1. Introduction
A. The industry of the company
B. The business model of the company
2. Porter’s five forces
A. Threat of new entrants
a) Are new entrants being attracted to the market?
b) Barriers to entry in the industry?
B. Threat of substitute products or services
a) Alternative products
b) New products
C. Bargaining power of customers
a) Degree of bargaining power of buyers
b) More products or less
D. Bargaining power of suppliers
a) Suppliers and raw materials
b) Switching suppliers or not
E. Intensity of competitive rivalry
a) competitive advantage of the company
b) competitive or not
3. SWOT Analysis
A. Strengths
B. Weaknesses
C. Opportunities
D. Threats
4. Forces presently governing competition
A. Information systems
B. E-commerce competition
C. Financial stability
D. Innovation
5. Strategic Thrusts
A. Differentiation
B. Cost
C. Alliance
6. Aligning Information Technology and Organizational Strategy
A. Introduction
a) Importance of aligning IT and Strategy
b) How the company achieves aligning of IT and Strategy
7. Critical success factors for the IT manager
A. Establish Goals
B. Attainable objectives and targets
C. Degree of alignment of the strategy
D. Effective communication
8. Strategy for determining the success of the goals of the IT department and the goals and objectives of the Organization
A. Strategic Thrusts
a) Separation of duties
b) Relatively low costs
c) Partnership and cooperation
9. A general methodology for how the IT division will bolster the objectives and goals of the contextual investigation association
A. Information processing Systems
B. Information and Technology use Changes
C. Skilled personnel
D. Time and ability techniques
10. Conclusion
B. Main ideas and concepts
C. Recommendations