IT Strategy and the Overall trade StrategyContentsTOC \o 1-4 \h \z HYPERLINK \l _Toc0 I- Introduction PAGEREF _Toc0 \h 2HYPERLINK \l _Toc1 II- Definitions PAGEREF _Toc1 \h 2HYPERLINK \l _Toc2 III- Situation Analysis PAGEREF _Toc2 \h 3HYPERLINK \l _Toc3 1 .IT projects shop to deliver a jimmy PAGEREF _Toc3 \h 3HYPERLINK \l _Toc4 2 .IT Business alignment proved to deliver nourish PAGEREF _Toc4 \h 4HYPERLINK \l _Toc5 2 .1 The Need for Strategic Alignment PAGEREF _Toc5 \h 4HYPERLINK \l _Toc6 2 .2 The ROI or the value of the Alignment PAGEREF _Toc6 \h 6HYPERLINK \l _Toc7 IV- Conclusion PAGEREF _Toc7 \h 7HYPERLINK \l _Toc8 References PAGEREF _Toc8 \h 8IntroductionBusiness strategies were fundamentally developed as weapons in the competition . However , with the sprightly change in channel environment competition ro les piece changed forcing companies to redefine their route in to competeWith the evolved role of IT , organizations started to think to single-valued get going IT as a strategical weapon either as a competitive advantage or even as an enabler for growth . However , unfortunately IT solely was not cope with to take that roleSo , organizations needed to rethink and reinvent new focal point or vexation best practices in to maximize the obtained IT value . As a result , organizations adopted best practices much(prenominal) as IT descent alignment to align IT with their business strategic goals in to survive and succeed in the competitionThe aim of this is to baffle whether an IT strategy focussed on main(prenominal)taining a up-to-date side is the intimately in effect(p) way to support any multifariousness of overall business strategy or not .
The main hypotheses of the research are that (1 ) IT strategy focused on maintaining a cutting-edge technology position isn t enough (or isn t the most hard-hitting way ) to support the overall business strategy because (2 ) it has to be adjust with the overall business strategyThe first of all defines the precondition IT business alignment , then analyses the current slip , and last it ends with a conclusionDefinitionsBefore analyzing the current situation , it is necessary to define an all-important(prenominal) term such(prenominal) as IT Business Alignment . Tapia , R . S (2006 gives a simple straight-to-the-point definition for the term `IT Business alignment the caper of matching services offered by IT with the requirements of the business (p .1Situation Analys isIn to test the research hypotheses or to prove that an IT strategy focused on maintaining a cutting-edge technology position is not the most effective way to support any kindhearted of overall business strategy this section will analyze the current situation of IT projects and the relationship with their business strategic goals and requirementIT projects give-up the ghost to deliver a valueResearch showed that the gap between IT and business strategic goals still importantly exists . A significant percentage of IT projects give-up the ghost to deliver a value as shown in epithet (1 . According to Needmuchwala , A A , [2008] , 41 of IT projects failed to...If you want to run low a full essay, order it on our website: OrderCustomPaper.com
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