IT Transformation Strategy: Overview and Factors of Success

In today’s tough economical pressure, coupled with an unsettling technology scenario, there are several implications for any executive – which present opportunities for IT to deliver higher business values through a more responsive and durable IT strategy. Business leaders need to balance the requirement with the objective, while managing risk. Fragmented IT decision making is quite critical. Alternative operating and sourcing models can inspire global services both from within and outside the enterprise. Business executives need to move beyond the cost containment in order to collaborate more readily with partners, stakeholders, customers, and suppliers, on the path to growth and innovation. An integrated IT transformation strategy is the best way to create greater efficiency, productivity, and an optimal IT foundation for scalable success, for business units, commercial organizations, and IT as a whole.

The benefits to implement a holistic IT transformation strategy over progressive IT tactical decisions are vast. However, the path to success requires a committed account and an understanding of the unavoidable challenges you would be experiencing along the way. The five pillars that an organization needs to support for successful deployment of a true IT transformation strategy, explain the probable roadblocks that an organization might internally face, process to overcome those, and finally reaching the goal, by transforming your organization from disparate silo to an integrated one with competitive technological edges.

The first pillar of success for IT transformation strategy is the skill to answer all the operational challenges, with a macro-level IT approach from a business perspective. You can hire IT professionals to evaluate the effectiveness of your organization. These professionals would give suggestions to enhance the efficiency of your company and streamline the infrastructure and the cost, ensuring customer satisfaction. They would successfully merge IT strategy with that of the business. Your company’s bottom line business strategy would be integrated into IT operations, thereby ensuring operational efficiency and revenue growth.

The company IT professionals would also do a thorough assessment of the current state of your business, by conducting discussion sessions with the intra and inter business units and executives. They would be researching into the company’s operational and governance processes, as the basic step in formulating an insightful and actionable IT transformation strategy. They come with some standardized methodologies and procedures that would naturally bring into light the action points for IT functions and business, redefining areas, integrating or eliminating applications, analyzing data for identification of service gaps, and so on. Through an assessment, they would identify the reasons that are hampering the business from getting the desired results. They would understand how the overall business strategy is effecting the revenue growth. From a technological perspective, they would be addressing all aspects of IT services, including data centers, servers, cloud computing, applications, virtualization, and other such things and integrate those into an efficient and cohesive system that would support the enhanced productivity, bringing higher profitability.