Week 4 Assignment.docx - BUSINESS-IT ALIGNMENT 1 Aligning IT Strategies with Business Initiatives Von B Brooks ISM 645 Information Technology Strategic

Week 4 Assignment.docx - BUSINESS-IT ALIGNMENT 1 Aligning...

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BUSINESS-IT ALIGNMENT 1 Aligning IT Strategies with Business Initiatives Von B. Brooks ISM 645: Information Technology Strategic Planning Instructor: Dr. Steven Pierce November 3, 2019
BUSINESS-IT ALIGNMENT 2 Introduction IT alignment with the planning and implementation of business strategy has become increasingly important in recent years. Traditionally, it had been thought that the role of IT is strictly administrative or supportive in nature and not really being considered as a strategic component to the success of a business. But IT has long been an integral driving component to accomplishing goals of the business, meaning IT is plays a significant role in business strategy. Business and IT alignment is vitally required for market impact and business growth. The two must be so tightly intertwined that as business goals shift, an immediate IT reaction and response can be initiated with as small a gap as possible. This paper will examine the business initiative and information technology initiative alignment, identify potential future IT needs, determine the cost of each IT strategic element. Alignment Acme Corporation leadership has established three key corporate strategies that will be core of the company’s growth into a leader in the IT product and services sector. Corporate Strategy Business Initiative IT Strategy Increase market penetration strategy to increase top line Generate $500K Generate $200K Establish required software

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