For many companies the typical IT strategy project ran several months and produced a roadmap that served as a guide to the annual budgeting and decision-making process over multiple years.
While AXIA still assists companies develop an overall “IT strategy”, today many companies have a need for quick-hit, smaller IT strategy projects to meet the needs of a rapidly changing business environment.
It’s not that a company doesn’t need an overall IT strategy. The problem is a CIO is often called upon to quickly handle a decision the business is about to make or has already made. These decisions have fixed deadlines and at the same time, often drive the IT architecture for years to come.
These business events often include:
The modern IT organization needs to have the capability to quickly execute smaller / targeted IT strategy projects that meet the business short term needs while still maintaining the overall strategic alignment. Often it feels like walking a tightrope – it’s a balancing act between tactical and operational commitments and the work that builds long-term capabilities.
The pace of technology has accelerated greatly in the past ten years, impacting the way we live and how our organizations function.
Artificial Intelligence, the Internet of Things (IoT), Big Data and Cloud Computing are poised to enable a transformation of the business world as we know it. This next wave of technology is rapidly approaching, and will inevitably reorganize the way our companies work and deliver services, internally and externally.
Executives who embrace this next phase of advancement and ready their people, processes and technology will survive and thrive. Those that don’t put their businesses at risk.