One of the greatest challenges IT departments face is how to best adapt an IT strategy with a company's business strategy. Today, IT departments are expected to undergo a complete transformation from purely a cost department to a department contributing to profit growth and increase in profitability . Top management expects a partner-like relationship from IT departments. However, some of the major issues bothering top management include:
- How to transform a strategy into operative-action plans for it implementation?
- Synthesizing, mostly fragmented knowledge about company management, as it would enable design and implementation of systems for a strategy enforcement and strategic goals realization
- Ensure a continuous leadership, because it is irreplaceable in corporate governance and also in IT governance
- How to develop and keep developing the most important type of company knowledge: transformation of strategy into operative plans
- Enable companies to continually create strategic initiatives and to implement them rapidly and efficiently
In order to respond to the above mentioned and similar issues, it is of a crucial importance for companies to develop an ability to:
- Master their own methodologies, models and tools for strategic planning, executing and monitoring
- Manage, adjust, and quickly transform the system itself and adequate process of strategic planning, executing and monitoring
The result:
Possibility to materialize the existing fragmented knowledge and create new knowledge.
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