M7D1.docx - M7D1 The three categories of value drivers are Operational drivers Financial drivers and Sustainability drivers Reactive approaches to IT

M7D1.docx - M7D1 The three categories of value drivers are...

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M7D1 The three categories of value drivers are; Operational drivers, Financial drivers and Sustainability drivers. Reactive approaches to IT investments fail because of the biggest risks and the concerns of the top management which are failing to align IT to the real business needs and failing to produce or deliver value to business hence reactive IT investments becomes patches which rarely align with business strategy (Turban et al., 2017). The goal of IT-business alignment is to ensure that IT strategy always aligned to the company's broader objectives and goals, it delivers IT services that are efficient and effective in meeting the company's needs and that IT offers and services that are aligned to business goals. IT strategic planning is revisited on a regular basis to ensure that the company is following the direction established. The functions of a steering committee are; setting the direction, allocating scarce resources, making, staffing decisions, communicating and providing feedback, setting and evaluating performance metrics.
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