MGT497 Strategic Information Technology Plan (Final Paper)

Name of Company – Strategic Information Technology Plan
Student Name
MGT497 - Strategic Technology Planning for Organizations
Dr. Karen Ivy
[Pick the date]

[Type the abstract of the document here. The abstract is typically a short summary of the contents of the document. Type the abstract of the document here. The abstract is typically a short summary of the contents of the document.]

Strategic Information Technology Plan – Name of Company (Potential Outline)

Contents

I. Executive Summary 1

II. Introduction (Introduction paragraph you created for your first Audit Exercise) 1

III. Assessment of Management Technology Innovation (MTI) Capabilities 1

IV. Assessing Sustainability, Stakeholder Responsibility and Technology Innovation 1

a. Assessment of Sustainability of the Company 1

b. Evaluation of the Company Stakeholder Responsibility and the Bottom Line 1

c. Assessment of Technology and Innovation Responsibility 1

V. Evaluation of the Firm 1

a. McGrath’s and MacMillion’s Twelve Factors of Evaluating Firm 1

Contents 1

i. Demand for the Product 3

ii. Factors that could speed adoption 3

iii. Factors that could block success of an Innovation 3

iv. Likelihood of Strong Competitive Response 3

v. Likelihood that the Potential Competitive Advantage is Sustainable 3

vi. Ability to Create Standards 3

vii. Cost Factors in Commercialization 3

viii. Resources Available for Commercialization 3

ix. Level of novelty of the innovation 3

x. Cost considerations in development 3

xi. Other opportunities that could be leveraged 3

xii. Potential area where damage might occur 3

VI. Checklist for Innovation 3

VII. Results of Strategy Score Card for Company 3

a. Financial Results 3

i. Success factors 3

ii. Rationale 3

iii. Key Performance Indicators 3

iv. Responsible Entity 3

b. Customers 3

i. Success factors 3

ii. Rationale 3

iii. Key Performance Indicators 4

iv. Responsible Entity 4

c. Human Resources 4

i. Success factors 4

ii. Rationale 4

iii. Key Performance Indicators 4

iv. Responsible Entity 4

d. Sustainability 4

i. Success factors 4

ii. Rationale 4

iii. Key Performance Indicators 4

iv. Responsible Entity 4

VIII. Information Technology Plans 4

a. Information Technology Plan - First Choice 4

b. Information Technology Plan - Second Choice 4

IX. Value Analysis and Costs in Acquisitions 4

a. Value Analysis - Information phase 4

b. Value Analysis - Speculation Phase 4

c. Value Analysis - Evaluation & Analysis Phase 4

d. Value Analysis - Implementation Phase 4

X. Metric for Analyzing the Type of Platform or Portfolio Needed 4

a. Key Questions Managers Should be Asked 4

b. Required Metrics 4

XI. Process Model Evaluation for Company 5

a. Internal Innovation 5

i. Process Model Evaluation (risk assessment, decision analysis, options, current position) 5

ii. Effect on Organizational Structure and Processes 5

b. Obtaining Technology 5

i. Process Model Evaluation (risk assessment, decision analysis, options, current position) 5

ii. Effect on Organizational Structure and Processes 5

XII. Ensuring Results of New Technology 5

a. Evaluate the Process for Implementing the building of capabilities 5

b. Measuring Capabilities (external environmental factors, strategic capabilities, and strategic decisions) 5

XIII. Conclusion 5

Strategic Information Technology Plan - Name of Company

I.  Executive Summary

II.  Introduction (Introduction paragraph you created for your first Audit Exercise)

III.  Assessment of Management Technology Innovation (MTI) Capabilities

IV.  Assessing Sustainability, Stakeholder Responsibility and Technology Innovation

a.  Assessment of Sustainability of the Company

b.  Evaluation of the Company Stakeholder Responsibility and the Bottom Line

c.  Assessment of Technology and Innovation Responsibility

V.  Evaluation of the Firm

a.  McGrath’s and MacMillion’s Twelve Factors of Evaluating Firm

i.  Demand for the Product

ii.  Factors that could speed adoption

iii.  Factors that could block success of an Innovation

iv.  Likelihood of Strong Competitive Response

v.  Likelihood that the Potential Competitive Advantage is Sustainable

vi.  Ability to Create Standards

vii.  Cost Factors in Commercialization

viii.  Resources Available for Commercialization

ix.  Level of novelty of the innovation

x.  Cost considerations in development

xi.  Other opportunities that could be leveraged

xii.  Potential area where damage might occur

VI.  Checklist for Innovation

VII.  Results of Strategy Score Card for Company

a.  Financial Results

i.  Success factors

ii.  Rationale

iii.  Key Performance Indicators

iv.  Responsible Entity

b.  Customers

i.  Success factors

ii.  Rationale

iii.  Key Performance Indicators

iv.  Responsible Entity

c.  Human Resources

i.  Success factors

ii.  Rationale

iii.  Key Performance Indicators

iv.  Responsible Entity

d.  Sustainability

i.  Success factors

ii.  Rationale

iii.  Key Performance Indicators

iv.  Responsible Entity

VIII.  Information Technology Plans

a.  Information Technology Plan - First Choice

Choose two of the following: Business climate, cultural environment, marketing channels, financial processes, operations systems and structures, human resources policies, environmental conditions and management of technology & innovation and delineates 8-10 concerns to address in the planning of an alliance.

b.  Information Technology Plan - Second Choice

Choose two of the following: Business climate, cultural environment, marketing channels, financial processes, operations systems and structures, human resources policies, environmental conditions and management of technology & innovation and delineates 8-10 concerns to address in the planning of an alliance.

IX.  Value Analysis and Costs in Acquisitions

a.  Value Analysis - Information phase

b.  Value Analysis - Speculation Phase

c.  Value Analysis - Evaluation & Analysis Phase

d.  Value Analysis - Implementation Phase

X.  Metric for Analyzing the Type of Platform or Portfolio Needed

a.  Key Questions Managers Should be Asked

Develop key question managers should be asked in the following areas: economic, political-legal, social-cultural, and technology specifically as it relates to MTI.

b.  Required Metrics

Thoroughly construct the types of metrics most appropriate for answering the questions developed. Determines the time frame and provides supporting rationale on how the timeframe influences the questions asked.

XI.  Process Model Evaluation for Company

a.  Internal Innovation

i.  Process Model Evaluation (risk assessment, decision analysis, options, current position)

ii.  Effect on Organizational Structure and Processes

b.  Obtaining Technology

i.  Process Model Evaluation (risk assessment, decision analysis, options, current position)

ii.  Effect on Organizational Structure and Processes

XII.  Ensuring Results of New Technology

a.  Evaluate the Process for Implementing the building of capabilities

b.  Measuring Capabilities (external environmental factors, strategic capabilities, and strategic decisions)

XIII.  Conclusion

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