Transform your enterprise
The Prescience of Technology Strategy
In today’s fast-changing digital economy an organisation should assess and redefine current digital presence and leverage technologies to meet the new challenges imposed by technological advancements, a key strategic initiative of Tech Strategy.
Digital transformation is imperative to all organizations regardless of size and maturity.
Beyond integration of digital processes within the business, it is most demandingly a cultural change challenging current modes of operation forcing organizations to adapt quickly to industry demands and customer expectations.
Maximize Value
Whilst many years back IT was considered a support function, today it is the foundation on which effective and profitable businesses are built.
The possibilities of the fast growing digital innovations must be utilized and as such organisations need to ensure that their IT Strategic planning addresses Digital Transformation in order to get the most out of IT, gain data-driven insights and leverage these to drive revenue and improve customer satisfaction.
Electi personnel has extensive experience in developing Info Tech strategies and that aim to help enterprises drive innovations and productivity gains as well as improve competitiveness and increase revenue. Using our unique and innovative methodology combined with our in-depth knowledge of emerging technologies we help companies and organizations assess the current technology status in your organisation and develop the IT Strategy Plan in alignment with the organisations Business Strategy as well as assist in adapting to the massive changes that come along with a digital transformation process.
Key benefits of a sound Tech Strategy
01. Alignment of technology with business objectives
02. Competitive advantage for early adopters of new technology
03. Long term cost control
04. Increased Operational Efficiency
05. Enhanced digital presence
06. Anticipate and mitigate risk
07. Reform company culture
08. Enhanced customer experience
09. Increased agility
10. Business Intelligence growth
The Process
A strong tech strategy includes key elements such as a thorough analysis of the IT Department, current and future IT projects, weaknesses and strengths in the organisation as well as the industry.
Electi proposes the following five-step process for the development of a robust Information Technology Strategy:
STEP 1: REVIEW
Review current Technology in alignment with Business Strategy
Review organizational MIS
Situtation analysis
Define objectives
STEP 2: EVALUATE
Evaluate current technology
Identify new IT potentials
Prioritize technology projects
STEP 3: ASSESS
Identify areas of concern
Identify risks
Prioritize technology initiatives
STEP 4: DESIGN
Develop Roadmap
Set Critical Success Factors and KPIs
Develop risk management plan
STEP 5: IMPLEMENT
Communicate Strategy to stakeholders
Execute
Monitor
Digital Strategy Framework
Electi will assist in establishing a digital lodestar to guide the transformation strategy.
Electi will further provide help with identifying the appropriate technologies, address cultural barriers within the organization, define CSFs and KPIs and the execution of the overall plan.
