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Developing IT Strategies

BitNiti Technologies development IT strategies aim to achieve your long-term goals for your company development which should align with your long-term aspirations for your company, your business growth strategies, and your goals for creating competitive advantage.

Developing an IT strategic plan might seem like an overwhelming process, but if you break it down, it’s easy to tackle. Here’s our five-step approach:

1. Analyse current business

For an accurate picture of where your business is, we conduct external and internal audits to get a clear understanding of the marketplace, the competitive environment, and your organization’s competencies.

2. Good to have & must to have

Focus on where you want to take your organization over time. This sets the direction of the enterprise over the long term and clearly defines the mission (markets, customers, products, etc.) and vision (conceptualization of what your organization’s future should or could be).

From this analysis, we determine the priority issues—those issues so significant to the overall well-being of the enterprise that they require the full and immediate attention of the entire management team. The strategic plan should focus on these issues.

3. Targets

We define the expected objectives that clearly state what your organization must achieve to address the priority issues.

4. Accountability

This is how you’re going to get to where you want to go. The strategies, action plans, and budgets are all steps in the process that effectively communicates how you will allocate time, human capital, and money to address the priority issues and achieve the defined objectives.

5. Retrospection

It’s not over. It’s never over. To ensure the plan performs as designed, we hold regularly scheduled formal reviews of the process and refine as necessary. We suggest at least once a quarter.