By David J Silk (Auth.)
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Additional resources for Planning IT
Let's consider some practical examples which illustrate these four approaches. Product added-value The finance sector, because it is wholly information-based, has many examples of new products supported by IT/IS. Home banking is one. In the UK this was pioneered by the Bank of Scotland and the Nottingham Building Society in 1982. They used the cheap technology of viewdata (the combination of a TV monitor with a telephone line, controlled by a keypad). Using a special terminal, customers can check their bank account, and give instructions over the viewdata system at any time they choose.
2 Where do we want to be? The answer to this question requires an act of lateral or intuitive thinking, to create a vision of where we want the How to think strategically 1. Where are w e now? 49 2. Where do w e want to be? 3. How will w e get there? 5 Strategy 3 enterprise to be in several years' time. It may be very different from what it is like now, or even from what lies along the current heading. The vision defines the destination of the voyage. How will we get there? This plans the voyage itself, and defines the critical success factors (CSFs) which must be achieved if the whole voyage is to be successful.
This plans the voyage itself, and defines the critical success factors (CSFs) which must be achieved if the whole voyage is to be successful. The CSFs can be considered as marker buoys or other features along the route of the voyage. 5. The SWOT represents the assessment of the current situation, in some detail. The dotted line shows the creative and visionary act. I have been privileged to watch this creative thinking happen in groups of managers during practical workshops on business strategy.
Planning IT by David J Silk (Auth.)