How fast are your IT strategic plan cycles and what are the biggest drivers of change? In the 80s it seemed like a 5-10 year planning horizon and IT owned the strategy. In the 2000s, 3-5 years, and it was a cooperative planning process. I find in the 2020s its seems to be changing annually, if not in quarter cycles now, and it is a perpetual negotiation process. Share your insights. Who has the best fast turn strategy story?
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CIO, USAa month ago
Aside from startups which might be trying to define what their winning value proposition is, is there a limit to how fast a strategy or an IT strategy should change? Wouldn't too fast a change signal management is lost, can't articulate a winning strategy, just chasing flavor of the month in the hope of producing some result to stay afloat?Director of IT in Manufacturinga month ago
IT Strategic plan reached 3 year cycle though 3-5 years still exists. Biggest drivers of change are every changing business needs and technological advancement in the IT industry. Also leadership looking for quick wins following iterative delivery (agile) Vs monolithic multi-year waterfall projects with big investments. Manufacturing companies can’t shift to agile fully, it will be hybrid always Vs software companies. Example full suite of ERP implementations end to end may still run longer Vs niche needs of a function with shorter deployment. All depends on how fast value can be leveraged with minimum investment are the key drivers.