New Novarica brief examines six IT strategy questions to engage the organization and successfully execute plans
Boston, MA (June 29, 2021) – Insurance carriers often develop IT strategies with a technical focus that either overwhelms and confuses key approvers or fails to engage the organization. In a new executive brief, Six Questions for a Better IT Strategy, research and advisory firm Novarica identifies six questions that enable CIOs to develop a more robust overall strategy, effectively communicate and justify their strategy recommendations, as well as thoroughly engage the organization.
“IT strategies need to be understood, communicated, and measured in order to be successfully executed,” said Chuck Ruzicka, Novarica Research Council Fellow and author of the new report. “CIOs should anticipate the questions key constituents will ask and proactively formulate answers as part of their strategy work. Failure to do so may derail even the most thoughtful and eloquent strategy.”
Click here for the table of contents or to access the report.
Report Summary
This brief identifies six questions that enable CIOs to develop a more robust overall strategy, effectively communicate and justify their strategy recommendations, as well as thoroughly engage the organization.IT strategies need to be technical in nature to establish direction and provide guidance for future decisions and investments. However, they must also resonate with executives and other department heads who may not understand technology and who may have agendas or preconceived notions on IT effectiveness that need to be recognized and addressed.
Table of Contents:
- Introduction
- How Does IT Strategy Align to Business Strategy?
- How Does IT Strategy Accelerate Value Delivery?
- What New Capabilities Will Be Available?
- How Does IT Strategy Reduce Business Risk?
- How Does IT Strategy Success Get Measured?
- How Does IT Strategy Get Communicated?
- Concluding Thoughts
- About Novarica
Click here to access the report.
About Novarica
Novarica helps more than 150 insurers make better decisions about technology projects and strategy. Its research covers trends, best practices, and vendors, leveraging relationships with more than 300 insurer CIO members of its Research Council. Its advisory services provide enterprise phone and email consultations on any topic for a fixed annual fee. Consulting services range from assessments and strategic roadmaps to vendor evaluations. For more information, visit www.novarica.com.
Source: Novarica
Tags: brief, IT, IT Services, Novarica, strategy
