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A Technology Strategy is the master plan with clear objectives, principles and tactics in how to use certain technologies in your company to accomplish a set of business goals.
It can be focused in one function or area of your company, a branch, or the entire company. It’s only possible to create a sound technology strategy with knowledge about your business, the market you operate (industry specifics, competitors, and so on), your internal business processes, your collaboration network, your major gaps, and your goals for a definite period of time.
The right technology strategy:
A strong strategy provides a detailed blueprint of how technology supports the organization’s business strategy. Such blueprint primarily focus on the implementation and deployment of the technologies themselves, but it also focus on the people who directly manage and use those technologies. Ideally, the technology strategy supports your business projects and take into consideration the needs and wants of your key stakeholders, including employees, customers and business partners.
Technology challenges the way your company coordinate your business processes, communicate with your customers and potential customers, and deliver your products and services.
There is no magic formula to help align technology and business, but there are tools to help them navigate together to meet expectations and goals. Strategy. When you have your business strategy complemented by the right technology strategy they both work together with perfect synergy. In this scenario, company structures lean towards breaking silos, decentralizing resources, shifting them closer to end-users, and improving customer experience.
Accuratica developed an effective methodology for creating a custom-made technology strategy aligned with your business. It is comprised by three phases – discovery, assessment, and implementation.
First, our consultants gather information about your business during one to four weeks depending on the size of your organization, industry specifics, and other parameters. Our consultants have extensive experience in designing the right technology strategy for your needs. The areas covered are:
The main deliverable is a comprehensive findings report and presentation.
The findings report is then presented to your top stakeholders for discussion. After the main business opportunities are discovered and discussed the master plan for technology in your company is designed and presented. This phase may take one to two months. The areas covered by this phase are:
A detailed master plan for implementation.
The strategy is implemented and the technology projects are deployed. The business results are measured and the plan is fine-tuned to maximize outcomes. This phase’s duration is usually unknown until the completion of the assessment phase.
Projects implementation, analytics data, results.
The synergy between business and technology through strategy in your company allows you to approach the competitor chain in a considerable different way:
Accuratica consultants help you align your business operating model with modern technology principles bringing solutions that empower your teams to deliver new business outcomes.