Strategic plan Enterprise IT

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HIT363_Assignment3_StructureTemplate.docx

ASSIGNMENT 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:

Challenges

Enablers

(Strengths)

(Weaknesses)

 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

 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

(Opportunities)

(Threats)

 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:

Strategic Priorities

Workflow Efficiency

Customer Satisfaction

Operation Cost

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:

Business Objective 1: Customer Satisfaction

Intended Result 1: 100% Customers orders are fulfilled and completely delivered on time

Measures

Target

Owner

Increase Customer Order (monthly)

50 orders/month

Team member

Customer orders fulfilment

100%

Team member

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:

CRITERIA

STRONG POINTS

WEAK POINTS

SOLUTION

Solution 1

Solution 2

Solution 3

Solution 1

Solution 2

Solution 3

INVESTMENT COST

Lower investment (120,000)

Lower investment (200,000)

Higher investment ($250,000)

IMPLEMENTATION TIME

Short time (6 weeks)

Longer time (6 months)

Longer time (12 months)

FUNCTIONS

..

….

 

1. Generation of Technology Strategy (CSF)

- Identify critical success factors (CSFs) toward achieving business goals and objectives.

- For example:

Factors

Advantages

Disadvantages

Industry

Environmental

Strategic

Temporal

  https://www.mindtools.com/atlntup/critical-success-factors

1. Strategic Initiatives

- Highlight the core activities required to implement our strategy.

- For example:

Strategic Initiative: 1.0 - Approach the Football Association to explore content partnerships

Business Objective(s) Impacted: Improve Content Supply, Improve Information services

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

Major Sub-Initiatives

Owner

Start Date

End Date

1.1 – Initiate talks

Team member

Sept 2015

Nov 2015

1.2 – Develop plan

Team member

Nov 2015

Feb 2016

1.3 – Build mobile environment

Team member

Jan 2016

June 2016

1.4 – Roll out service

Team member

July 2016

Onwards

1. Financial Summary

9.1 Budget Estimation

Initiative

Completion

Cost

Benefit

1.0 – Approach Football Association

July 2016

£3.5 million

£10s millions

2.0 – Revalidate deals with BBC Sports

July 2015

<£300k

£10s Millions

3.0 – Create the Omega Games platform

Sept 2015

<£1.5 million

>£5 million

4.0 – Improve the offering selection process

Oct 2015

<£100k

Savings?

5.0 – Redesign the website

Jan 2016

<£250k

£1-7 million

9.2 Return on Investment (ROI)

Discount rate (10%) – Amount in AUD

Year 0

Year 1

Year 2

Year 3

Year 4

Year 5

Total

1. Costs

2. Benefits

3. Net present value

4. Return on investment (ROI)

5. Payback period

1. References

1. Appendix

- Integrated Strategy Map

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