D.3 Business alignment Flashcards
Build alignment between information and information systems, and business/clinical goals and strategies.
What can information systems enable organizations to do?
Realize substantial net benefits or incur high net costs
Information systems can transform organizations or constrain them.
What is business strategy?
A coordinated set of actions to fulfill the organization’s mission, achieve its vision, and meet its goals and objectives
Business strategy constrains the organization to its priorities.
Define ‘mission’ in the context of business strategy.
The reason for the organization’s existence and its fundamental, enduring purpose.
What is a ‘vision’ in business strategy?
A future state the organization aspires to achieve by a particular point in time.
What should goals and objectives preferably be?
SMART – Specific, Measurable, Achievable, Realistic, and Time-bound.
What is information strategy?
A coordinated set of actions to support the organization’s business strategy through data, information, knowledge, and ICT.
What does alignment refer to in this context?
The extent to which data, information, knowledge, and ICT support the achievement of the business strategy.
How has the alignment between enterprise-level business strategies and information strategies been historically characterized?
Lack of alignment is widespread.
What did the AIIM conclude about the alignment of business and technology strategies in 2021?
The C-Suite is failing to align business and technology strategies.
What percentage of executive respondents rated their organizations’ alignment efforts as ‘needs improvement’ or ‘poor’?
46%.
What is a critical contemporary requirement for business strategy demonstrated throughout the Covid pandemic?
Business agility – the ability to rapidly respond to opportunities and threats.
What is one of the challenges in information systems strategy?
Future proofing and ensuring agility.
What does ‘vertical coherence’ in alignment mean?
Business and information systems strategies must be internally consistent.
What does the Strategic Alignment Maturity model view business-IT alignment as?
A continuous process of adjusting activities across multiple dimensions.
List the six governance activities that contribute to business-IT alignment.
- Communication
- Value analytics
- IT Governance
- Partnering
- Dynamic IT scoping
- Business and IT skill development
What is the purpose of Enterprise Architecture?
To optimize across the enterprise into an integrated environment responsive to change and supportive of the delivery of the business strategy.
What are some success factors for effective alignment?
- Building close (trusted) business-IT relationships
- Embracing flexibility
- Elevating the conversation about information value
- Balancing both risk and value
- Ensuring responsibilities are assigned, understood, and communicated
- Ensuring the business leads alignment
- Identifying cultural pressure points that can be leveraged
What is a primary question regarding alignment between business and information systems?
Do IT investment and priorities match business directions and priorities?
Fill in the blank: Business strategy is _______.
[A coordinated set of actions to fulfill the organization’s mission, achieve its vision, and meet its goals and objectives.]
True or False: Business and information systems strategies require ‘horizontal coherence’.
False.
