Implementing new technology in any department requires detailed information technology (IT) strategy plan. With an IT business strategy plan, companies can document each initiative and solution they deploy to meet specific business objectives and monitors the impact of each effort so they can make adjustments to emerging events.
An IT strategic plan is a document that outlines a business’s IT department or project, from goals to initiatives. By defining technology needs, businesses can determine which solutions can optimize their performance and progression toward goals.
Some companies have an IT team or department to manage their internal business processes and software, some others use staff augmentation to get through the project for a determinate period.

An adequate IT strategic plan acts as a detailed schedule that addresses any holes within the IT department and strategies and commonly outlines the following information: IT response times, digital customer experience, expansion efforts, cost reduction, workflow, automation tools, sales trends, and others.
1. Define what success means: understanding the impact the plan can have on the business itself, in order to do this, the management needs to consider the overall business goals by reviewing various efforts and determinants.
2. Evaluate the IT current conditions: IT managers must evaluate their department’s current performance to determine its strengths, weaknesses, and improvement areas. Although some businesses overlook external factors during IT assessments, they can have significant implications on strategies. Organizations must also consider market trends and what their competitors are doing.
3. Visualizing the Future IT conditions: IT management must illustrate how the current market trends will shape their future. This enables them to create a blueprint three to five years ahead to map out their plan of action.
4. Assess Scenarios: create the best and worst-case scenarios to determine the cost, resources, and labor requirements. By looking at cases objectively, managers can create impactful tactics to optimize each scenario by bringing about alternative methods.
5. Create an IT Blueprint: develop a strategic blueprint that maps their plan. This team will have the responsibility for establishing the essential pillars that will express the company’s mission.

6. Define the IT Target Operating Model: (TOM) is a map that outlines the key components a business uses to reach its target. TOM is merely a subset of the entire IT model but is critical for defining how the IT department’s value.
7. Analyze the IT Initiatives: By organizing tactics based on their requirements, companies can ensure each effort optimizes its sequential strategy.
8. Define the Implementation Map: Next, managers need to create an implementation map that lays out how the IT department will execute each strategy. This plan is more than an organizational method that compiles initiatives rather than a step-by-step plan.
9. Inform Stakeholders: Finally, it is time to compile all of the maps, outlines, KPIs, and strategies and pitch them to the stakeholders for final approval.
10. Define Performance Metrics (KPIs): managers must continuously monitor the performance of their strategies over time. KPIs quantify various performance activities so businesses can optimize their methods and make adjustments if KPIs aren’t up to their standards.
11. Monitor the Strategy Effectiveness: remember to continuously monitor the impact of the strategies after implementation. In addition to regular check-ins, should run annual audits to scrutinize every initiative.