Technology needs to be at the head table, right beside Sales, Marketing, Finance, Engineering and Product Development, and Human Resources, participating in strategic business decisions and creating a platform that will allow an organization to achieve its business objectives. While the successes of the past must not be forgotten, the technology wave of today must be incorporated into strategies to grow the business.
|When the aim is to grow the business, organizations typically look at improving one, some, or all of the following key areas:
- Increasing revenue
- Decreasing and/or controlling costs
- Creating operational efficiency
- Attracting and retaining customers
- Creating and supporting growth
- Attracting and retaining employees
While individual business units will continue to have primary responsibilities in these areas, Information Technology has now become a strategic enabler of organizational objectives. If IT is not integrated within the business, the business will be less successful than competitive organizations where IT is fully integrated and viewed as a strategic component of success.
The links to the left will provide you with more information in each area, including case studies and relevant postings on the Oakwood Insights blog.