Question

• Development of an organization's IT strategy is composed of formulation and implementation. In your opinion, which is more crucial? Explain why.

Your response post should have a minimum of 150 words.

Answer 1

IT Strategy of a company: Formulation Vs Implementation

IT Strategy of a company or the Information Technology strategy of a company has an important role in supporting and shaping one company's total business dealings. Business strategies alone can't produce a successful industry or company, Information Technology is prevalent everywhere. There should be proper planning and implementation of an effective IT Strategy in every business to become successful.

For an effective IT Strategy, formulation and implementation of IT Strategy are two important steps. Formulation can be defined as making a plan or method for dealing with a problem or for achieving a result. Implementation is the process of moving an idea from concept to reality. In business implementation refers to the building process rather than the designing process. Implementation of IT Strategy is difficult but it is more important than the formulation strategy. Good execution results in good results.

Implementation of IT Strategy is having more importance than formulation, though without good planning there will not be effective implementation. Some people think that both are equally important. Without execution all planning can end in the book shelves or merely it can end in papers. Once the IT Strategy is executed then only the company can get the results, not with planning.Good strategy formulation and implementation is Equally needed for successful IT Strategy.