Some of the successful IT managers have forwarded relevant and feasible recommendations when it comes to It involvement in strategic planning. These recommendations are: (a) tracking individual projects contained in the strategic plan is not sufficient. One must track the measures of success of the process, (b) on part of all the people that are involved in the strategy and the entire C-suite, there must be complete commitment and buy-in to the strategic plan. The strategy is infused into the operational processes of the organization through it. The organizational strategy and the planning process can fail if the strategy is not aligned with the resourcing decisions; operational processes and IT project slate of the organization, (c) Meeting the strategic plan quarterly or annually is not sufficient to execute and devise a strategic plan successfully. There are multiple teams maintained within many larger companies. In different divisions, these teams work on strategies isolation. However, the drawback is that effective communication is maintained within these teams and other teams of the organization. To measure, monitor and track progress on a continuous basis, collaborative tools must be used by the companies.
Further, IT must be an advocate always. To aid in the execution and process of a strategic plan, the benefits of technology may not be well-understood by the colleagues within the organization. However, it is necessary that the IT must be pushed forward within the organization. For an organization to be successful, it is necessary that it’s every IT staffer must be business-minded. In order to use technology to improve efficiencies, everyone within the organization must be a business analyst and a business partner from an IT perspective. The organization can align its business priorities with its technology initiatives through enabling technologies, business measures and objectives and its strategy. The development of IT within the strategic planning will then be supported by the prioritization. It will also help the organization in better support needs, training and project staffing. In strategy development, the information technology professionals and managers must be involved, due to the increased importance of technology to customer care and business operations and the central role played by the strategy in the success of the organization.
If strategic planning is more integrated with IT and finance comes together to analyze data from external and internal sources of data to get a holistic perspective of the market and the business, then the companies can gain more benefits. Without IT systems, the analyzing, synthesizing and capturing of data to execute and formulate strategic plans is simply not possible. The overall strategic planning and the IT must be aligned together with each other as a significant role is played by IT in making organizations meeting their objectives. Strategic business decisions must be made in concrete with technology initiatives; therefore, it is necessary that the senior management work side-by-side with IT managers.
Companies that embrace technology to support strategic planning are most effective with strategic planning. Business performance is improved as it gives them the ability to make effective decisions. Reduction in processing time on many of the heavy volume transaction processes, such as, payroll is the top business advantage that has been found from additional involvement of IT.