Your SlideShare is downloading. ×
0
03.09  Critical Factors IT Investment Success -- Strategic Snapshots by Dr James A Robertson
03.09  Critical Factors IT Investment Success -- Strategic Snapshots by Dr James A Robertson
03.09  Critical Factors IT Investment Success -- Strategic Snapshots by Dr James A Robertson
03.09  Critical Factors IT Investment Success -- Strategic Snapshots by Dr James A Robertson
03.09  Critical Factors IT Investment Success -- Strategic Snapshots by Dr James A Robertson
03.09  Critical Factors IT Investment Success -- Strategic Snapshots by Dr James A Robertson
03.09  Critical Factors IT Investment Success -- Strategic Snapshots by Dr James A Robertson
03.09  Critical Factors IT Investment Success -- Strategic Snapshots by Dr James A Robertson
03.09  Critical Factors IT Investment Success -- Strategic Snapshots by Dr James A Robertson
03.09  Critical Factors IT Investment Success -- Strategic Snapshots by Dr James A Robertson
03.09  Critical Factors IT Investment Success -- Strategic Snapshots by Dr James A Robertson
03.09  Critical Factors IT Investment Success -- Strategic Snapshots by Dr James A Robertson
03.09  Critical Factors IT Investment Success -- Strategic Snapshots by Dr James A Robertson
03.09  Critical Factors IT Investment Success -- Strategic Snapshots by Dr James A Robertson
03.09  Critical Factors IT Investment Success -- Strategic Snapshots by Dr James A Robertson
03.09  Critical Factors IT Investment Success -- Strategic Snapshots by Dr James A Robertson
03.09  Critical Factors IT Investment Success -- Strategic Snapshots by Dr James A Robertson
03.09  Critical Factors IT Investment Success -- Strategic Snapshots by Dr James A Robertson
Upcoming SlideShare
Loading in...5
×

Thanks for flagging this SlideShare!

Oops! An error has occurred.

×
Saving this for later? Get the SlideShare app to save on your phone or tablet. Read anywhere, anytime – even offline.
Text the download link to your phone
Standard text messaging rates apply

03.09 Critical Factors IT Investment Success -- Strategic Snapshots by Dr James A Robertson

359

Published on

Part 9 of presentations for Two Day Course The Critical Factors for IT and ERP Investment Success …

Part 9 of presentations for Two Day Course The Critical Factors for IT and ERP Investment Success

The application of Strategic Snapshots as a technique for strategic planning and strategic analysis and design

See also http://www.James-A-Robertson-and-Associates.com/Strategy.aspx

Published in: Business, Technology
0 Comments
0 Likes
Statistics
Notes
  • Be the first to comment

  • Be the first to like this

No Downloads
Views
Total Views
359
On Slideshare
0
From Embeds
0
Number of Embeds
5
Actions
Shares
0
Downloads
3
Comments
0
Likes
0
Embeds 0
No embeds

Report content
Flagged as inappropriate Flag as inappropriate
Flag as inappropriate

Select your reason for flagging this presentation as inappropriate.

Cancel
No notes for slide

Transcript

  • 1. JAMES A ROBERTSON AND ASSOCIATESEFFECTIVE STRATEGIC BUSINESS SOLUTIONS9. Developing a Comprehensive Strategic Plan: Strategic SnapShots - different views to formulate an I.T. Strategy and the Strategic Process Why your ERP is NOT delivering and how to FIX it The Critical Factors for Information Technology Investment Success Dr James Robertson Two Day Course Chief Executive Officer James A Robertson and Associates James@JamesARobertson.com 1 Copyright 2004 - 2011
  • 2. DEVELOPING A ROBUST SPECIFICATION WHAT IS NOT A BUSINESS CASE1. NOT driven by a vendor or enthusiast proposal Processors are2. NOT driven by "obsolete" backward compatible ) Software does not wear out ) Source code is instructions for the "bricklayer" = processor ) Legal right to source code NO I.T. precendent but ) Right to maintain and repair probably achievable -- motor industry3. A discretionary BUSINESS choiceDoes the business NEED something and, if so, what? 2
  • 3. DEVELOPING A ROBUST SPECIFICATIONWHAT IS REQUIRED FOR A VALUABLE OUTCOME1. Add value ) to customer who is willing to pay2. Materially and sustainably reduce operating costs ) AND does NOT destroy value in another way (e.g. morale or loyalty)3. Enable the creation of a product or service that currently does not exist ) for a customer who is willing to pay4. Defend, extend or create competitive advantage ) for a customer who is willing to payCan you relate your requirement to a customer? 3
  • 4. DEVELOPING A ROBUST SPECIFICATIONWHAT IS REQUIRED FOR A VALUABLE OUTCOME1. Business is willing and able to specify and implement ) Time (executives, staff, external resources) ) Cost (business disruption, salaries, external resources, product) ) etc2. Business is willing and able to use ) Organisational change ) Training ) Standards ) Discipline ) "Make it work" ) etcCan you REALLY see the organisation delivering? 4
  • 5. DEVELOPING A ROBUST SPECIFICATIONWHAT IS REQUIRED FOR A VALUABLE OUTCOME1. Computers only add 0s and 1s2. People must ) conceive, specify, implement, operate ) and apply the technology 6 to deliver measurable valueAny significant I.T. investment is therefore PART of a strategic businessinitiativeThe challenge is therefore to develop a robust strategic requirementspecification for a business solution that MAY include informationtechnologyBUT90% of Strategic Plans ALSO Fail! 5
  • 6. DEVELOPING A ROBUST SPECIFICATIONA ROBUST STRATEGIC PLAN REQUIRES1. Comprehensive strategic definition ) strategic drivers, value proposition, differentiators, values, etc2. Clear business outcomes orientated strategic vision and objectives3. Comprehensive analysis of strategic and competitive environment ) Shareholder objectives ) Market factors ) External factors ) Internal factors }Maximize value creation Minimize value consumption / destruction4. Analysis and design method that leads to "doable" plans5. Implementation method that produces results engineered against failure6. The will, determination, discipline and governance to make it happen 6
  • 7. DEVELOPING A ROBUST SPECIFICATIONEVALUATION OF REQUIREMENTS1. Critical Issues Analysis -- at ANY level -- what is REALLY important2. Gap Analysis3. Design / Mapping -- how the solution fits together -- weights Objective Plan and4. Governance Framework Solution = outcome of analysis and design process5. Action Plan Projects and Forecast activities to close6. Project Plan Today the gap + n Years MAY include I.T.7. Plan Business Outcome Auditing, Monitoring, Performance Measurement and Incentives 7
  • 8. DEVELOPING A ROBUST SPECIFICATION Analyzing The Strategic Environment and Objectives Support one or more of these: CORE STRATEGIC 2. MARKET AND PARAMETERS PRODUCT FACT 4. EXTERNAL p Strategy and strategic MAF, CSF, product fact, STRATEGIC ENV drivers, also what NOT Market portfolio, etc done aHorizon, medium term, Countered by alienatorsshort term, immediate cincl threats, opps, etc 3. SUPPLIER 1. SHAREHOLDER CSFS FACTORS 5. INTERNAL e STRATEGIC ENV Supplier relationship and other supplier factors RStrengths, weaknesses CORE STRATEGICOperation, Systems, OBJECTIVES 6. STRAT CAPABILITY Maximize value creationManagers, Staff, Workers (The Solution Map) minimize value destruction Thrive Ess Qs, realisation (value), 7. CORPORATE STRATEGIC StratProc, Crit Fct Success Mgmt of failure factors, etc GOVERNANCE # 8
  • 9. DEVELOPING A ROBUST SPECIFICATIONANALYSIS -- DETERMINE THE RIGHT AND WRONG THINGS1. All factors that impact significantly on the business } Enhance / create Quantify right things2. The critical factors = the right factors = the strategic factors3. Prioritised and quantified to support decision making4. Ask the "right questions" in order to Reduce / eliminate obtain the "right" answers wrong things Strategic SnapShots© 9
  • 10. DEVELOPING A ROBUST SPECIFICATIONSTRATEGIC SCENARIOS1. Comprehensive strategic capability Recommended ) Structured analysis of strategic drivers ) Clearly defined and quantified strategic objectives (value) ) Structured analysis of strategic context (strategic map) ) Comprehensive plans ) Effective and reliable implementation that does NOT fail ) Culture of continuous strategic improvement ) I.T. projects are a natural outflow of the plans2. Commitment to, and plans for, comprehensive strategic capability ) Creating strategic context together with defining I.T. projects3. No structured strategic analysis, design and implementation capability ) I.T. projects must do the best they can to fit strategically What follows is relevant to all of these scenarios 10
  • 11. DEVELOPING A ROBUST SPECIFICATIONTHE CRITICAL FACTORS FOR SUCCESS1. Executive Custody and Governance (25%) p2. Strategic Solution Architecture (18%) a3. Strategic Alignment (16%) e c4. Business Integration and Optimization (14%)5. Detailed Project Management Including Programme Schedule, Budget and R Resource Management (12%) CEO6. Data Engineering (10%)7. Technology Components (5%)Success is achieved by effectively managing all of these aspects against failure 11
  • 12. DEVELOPING A ROBUST SPECIFICATION1. Everyone sees the problem and the solution differently A few challenges but Impossible!! ) Executive nothing insurmountable! ) Production ) Operations x Objective ) Marketing ) Finance ) etc Hard but we will make it! Easy!! What a deep gorge!2. Strategic clarity provides focus ) Different perspectives remain valid and vital 12
  • 13. DEVELOPING A ROBUST SPECIFICATION3. Understand different viewpoints and choose one principal project focus / driver. Include perspectives of: ) The "most awkward person" ) Blind spots ) All stakeholders -- including customers ) etc4. Pool collective knowledge and experience (wisdom) ) Identify what is REALLY CRITICAL5. Measureable, numeric approach ) Quantify different viewpoints ) Discuss ) Resolve ) Document } Business decisions by business management 13
  • 14. DEVELOPING A ROBUST SPECIFICATIONDETERMINING THE CRITICAL COMPONENTS: METHODCritical Issues Analysis (SnapShots)©1. Select focus questions -- progressive elaboration, gain understanding2. Brainstorm ALL ideas / points / requirements / etc A few challenges but Impossible!!3. Synthesize nothing insurmountable! x Objective4. Criticize5. Weight relative importance Views of "the mountain"6. Score how well currently doing Hard but we will make it! Easy!!7. Weighted scores What a deep gorge! 14
  • 15. DEVELOPING A ROBUST SPECIFICATIONEVALUATION OF REQUIREMENTSGap Analysis -- Projects / Activities / Components1. What will be done?2. How well are we doing it already?3. Accountability4. Timeline 15
  • 16. DEVELOPING A ROBUST SPECIFICATIONEVALUATION OF REQUIREMENTSGap Analysis -- Projects / Activities / Components5. Resources (costs and constraints) Executive management is often the most serious6. Risks constraint -- ask the RIGHT questions7. Customer impact -- what is REALLY required?8. What value and how -- economics 16
  • 17. DEVELOPING A ROBUST SPECIFICATIONCONCLUSION1. Business determines value proposition = requirement2. Analyse strategic environment based on business objectives drives I.T. specification and opportunities Business case3. Determine value delivery options4. Determine options to minimize value consumption / destruction5. Specify what the business must do in order to deliver6. Take decision7. Develop I.T. requirements 17
  • 18. CRITICAL FACTORS FOR I.T. INVESTMENT SUCCESS DEVELOPING A ROBUST SPECIFICATION QUESTIONS?Dr James Robertson PrEngJames A Robertson & AssociatesTelephone: +27-11- 782-5997Cell: 083-251-6644 (preferred)P O Box 4206, Randburg, 2125, South Africawww.JamesARobertson.comemail: James@JamesARobertson.com Finding the missing pieces of your I.T. and strategy puzzles Please remember the evaluation forms 18

×