Strategic plan Enterprise IT
Hunnysid
HIT363_Assignment3_StructureTemplate.docxASSIGNMENT 3 STRUCTURE TEMPLATE
Due date: Sunday 04/06/2023 at 17 pm
Limitation: 1000 words per student (3 students would be totally max 3000 words)
1. Executive Summary:(Introductory Elements)
- Summarise the business, problems, solution, and the aims of creating this document (in one page).
1. Vision, Mission and Core Values: (Introductory Elements)
- Highlight the business’s vision, mission and core values.
1. Strategic Priorities: (Knowledge of Technology Management Theory)
- Identify the business’s strategy priorities by looking at challenges and enablers, then confirm the priorities through Strategy Canvas
3.1 Challenges and Enablers
3.1.1 SWOT (mandatory)
- For example:
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Challenges |
Enablers |
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(Strengths) |
(Weaknesses) |
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Number 1 provider of ultra-high speed mobile network services Successfully launched a new handset and three new major content initiatives We own a ultra-high speed network
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Older company, seen as a bit stuck in the past especially by young Content provision, especially entertainment, it is good but not the best Leadership team has recently changed, no track record |
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(Opportunities) |
(Threats) |
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Working closely with major content providers to secure exclusive distribution Building on a successful launch, re-invigorate our brand Capitalise on our ownership of a ultra-high speed network |
Increase competition, especially from multi-play (TV, Broadband) entrants Changes in government regulations esp. free 0800 numbers Competition stepping up marketing and advertising rapidly |
3.1.2 Porter’s Five Forces (optional)
3.2 Strategy Canvas (mandatory)
- Determine the business’s essential factors for competing in the market.
- Using the SWOT analysis and Strategy Canvas to propose the Strategic Priorities, including how the solution proposed in Assignment 2 could facilitate these Strategic Priorities.
- For example:
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Strategic Priorities |
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Workflow Efficiency |
Customer Satisfaction |
Operation Cost |
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With the new IT system and professional skilled work-force for , the workflow will be optimised and improved efficiently, etc. |
Our sustainable and qualified products with high-quality checking technology are always meeting the customers’ expectation, etc. |
The new IT system will reduce the operation costs to offer good competitive prices to the market, etc. |
1. Strategy Map: (Knowledge of Technology Management Theory):
- Explain how your solution in Assignment could facilitate the strategy map to achieve the business objectives
- For example:
1. Business Objectives: (It Strategic Goals)
- Outline the business objectives from the above strategic priorities.
- For example:
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Business Objective 1: Customer Satisfaction |
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Intended Result 1: 100% Customers orders are fulfilled and completely delivered on time |
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Measures |
Target |
Owner |
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Increase Customer Order (monthly) |
50 orders/month |
Team member |
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Customer orders fulfilment |
100% |
Team member |
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Positive reviews from customers |
80% |
Team member |
1. Comparisons of Different Strategies: (Identification of Business Strategy)
- Explain the strong and weak points of the main and alternative IT solutions strategy to the business, then conclude what is the best IT solution strategy for your business.
- For example:
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CRITERIA |
STRONG POINTS |
WEAK POINTS |
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SOLUTION |
Solution 1 |
Solution 2 |
Solution 3 |
Solution 1 |
Solution 2 |
Solution 3 |
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INVESTMENT COST |
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Lower investment (120,000) |
Lower investment (200,000) |
Higher investment ($250,000) |
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IMPLEMENTATION TIME |
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Short time (6 weeks) |
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Longer time (6 months) |
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Longer time (12 months) |
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FUNCTIONS |
.. |
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…. |
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1. Generation of Technology Strategy (CSF)
- Identify critical success factors (CSFs) toward achieving business goals and objectives.
- For example:
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Factors |
Advantages |
Disadvantages |
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Industry |
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Environmental |
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Strategic |
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Temporal |
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https://www.mindtools.com/atlntup/critical-success-factors
1. Strategic Initiatives
- Highlight the core activities required to implement our strategy.
- For example:
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Strategic Initiative: 1.0 - Approach the Football Association to explore content partnerships |
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Business Objective(s) Impacted: Improve Content Supply, Improve Information services |
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Description: Work with the Football Association to determine which of next year’s fixtures are available for mobile broadcast next year. Build the plan to support and implement this |
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Major Sub-Initiatives |
Owner |
Start Date |
End Date |
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1.1 – Initiate talks |
Team member |
Sept 2015 |
Nov 2015 |
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1.2 – Develop plan |
Team member |
Nov 2015 |
Feb 2016 |
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1.3 – Build mobile environment |
Team member |
Jan 2016 |
June 2016 |
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1.4 – Roll out service |
Team member |
July 2016 |
Onwards |
1. Financial Summary
9.1 Budget Estimation
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Initiative |
Completion |
Cost |
Benefit |
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1.0 – Approach Football Association |
July 2016 |
£3.5 million |
£10s millions |
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2.0 – Revalidate deals with BBC Sports |
July 2015 |
<£300k |
£10s Millions |
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3.0 – Create the Omega Games platform |
Sept 2015 |
<£1.5 million |
>£5 million |
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4.0 – Improve the offering selection process |
Oct 2015 |
<£100k |
Savings? |
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5.0 – Redesign the website |
Jan 2016 |
<£250k |
£1-7 million |
9.2 Return on Investment (ROI)
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Discount rate (10%) – Amount in AUD |
Year 0 |
Year 1 |
Year 2 |
Year 3 |
Year 4 |
Year 5 |
Total |
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1. Costs |
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2. Benefits |
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3. Net present value |
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4. Return on investment (ROI)
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5. Payback period |
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1. References
1. Appendix
- Integrated Strategy Map
