Is the Technology You're Using Today Going to Support Your Business Tomorrow?
Core business processes are supported by IT. You want to make future business initiative decisions with confidence, especially those involving IT.
IT supports your core business processes, and you want to ensure IT’s continued contribution to business value. With iTeres Information Technology Strategic Planning (ITSP) solution, you will have the required technology in place to achieve your business goals and objectives.
The ITSP Process
Business Plan & Technology Alignment
Looking at your business plan vision, initiatives and goals, we identify applicable technology initiatives and determine if your current technology capabilities can accommodate your business needs within the plan timeframe. You are successfully aligning information technology to business plans when the identified technologies can conceptually meet the needs of your organization.
Identification Scoping & Measurement
Next, we examine each option, identifying the scope, potential solutions, timeline, risks and associated constraints. For measurement purposes, we define the goals for each technology solution, the metrics associated with the goals and the value that must be achieved to determine success or failure.
Resource Forecasting & Budgeting
In this phase of IT strategic planning, we use a standard methodology to determine the labor and capital resources that will be required to implement the capabilities defined during phase 2. We also outline the value proposition, and estimate the impact on the organization.
Value & Risk Assesment
All initiatives have a risk element associated with the value proposition. At this stage, we take a more comprehensive look at the technology initiative’s value to the organization, estimating the risks associated with the initiative and possibly conducting a formal Return on Technology Investment study.
Prioritization Over Planning Period
After completing the forecast, the ROI analysis and risk assessment, we prioritize initiatives to create a technology roadmap. It is critical to have a comprehensive understanding of all the facets of the IT project in order to determine which projects will receive capital, human resources and management attention.
On February 1, Rich Ellingson appeared on the Texas Business Update, which aired during the Glenn Beck radio show. Rich was interviewed regarding the topic of “Finding the Right Technology Partner” and also discussed iTeres’ unique capabilities related to outsourcing the Information Technology function. » Hear the Clip