Strategic Planning on Circuit city > word document > APA format > Max 2 pages with Tittle page, content & resources.

Strategic Planning on Circuit city > word document > APA format > Max 2 pages with Tittle page, content & resources.
Strategic IT Planning: Your 3-Step Process Introduction Strategic IT Planning is required to ensure your resources and assets continue providing the results and the support your organization needs. What is a Strategic Plan? It is a roadmap to achieving a goal. It may cover your entire department or responsibility or it may focus on a specific issue or element of your role. It can be long and involved or a simply one-page document that provides guidance and steps you need to implement to achieve a goal. Making it Happen There are a few things that are important to your success. While it may seem that developing the Strategic Plan is the hardest part, most plans fail because of the implementation. The key is to keep it small and be successful, then build on that success for the next initiative. Don’t bite off too much or try to be too ambitious. • Take your time and keep it manageable • Link your plan to your company’s strategy • Justify your initiative and get buy-in and support • Don’t re-invent, rebuild • Go slow, manage change • Set aside time from your operational responsibilities to make it happen Without a Strategic Plan, you and your team won’t be effective and you won’t be able to get results, get attention and get ahead. Why you need an IT Strategy: Redirect from tasks to opportunities and result Switch from fighting fires to preventing fires Reduce risk with planning and a longer view Most Strategic Plans never get written or they fail because they are too involved and complex. Keep them simple and use these three basic steps as your core approach. Ask yourself these questions: 1. Why do you need to do it? What is your goal? 2. What are the things you need to get done to achieve your goal? 3. How can you make those things happen? By following the 3 steps above and writing them down, you will have the outline of your Strategic IT Plan. Then, you establish the tactical things that will help you implement your plan. Implementation Plan Once you have established your strategic plan using the 3-step process, you need to develop your implementation plan. This includes getting approval and resources as well as the steps you need to take to achieve your strategic objective. 1. Set the objective for each step 2. Analyze internal/external factors 3. Develop solutions 4. Identify and eliminate barriers 5. Allocate resources (people, time, money) 6. Develop detailed tasks 7. Implement your plan! Step Implementation What Are The Roadblocks? How Can You Overcome The Roadblocks? What Resources Do You Need? What Are The Timelines? What Are The Main Steps To Implement Your Plan?
Strategic Planning on Circuit city > word document > APA format > Max 2 pages with Tittle page, content & resources.
ITS 630 – Residency Project Circuit City was an Ame rican consumer electronics company founded by Samuel Wurtzel in 1949. By 1990s, Circuit City became the second largest consumer electronics store in the United States with annual sales of $12 billion . On March 8 2009, Circuit City shutdown all its stores . On January 8 th at the 2018 Consumer E lectronics Show in Las Vegas, Circuit City CEO announced a comeback and relaunch of Circuit City into “a dynamic, a social -focused e – commerce site ” and a new business st rategy for its retail stores 12. In this case study , assume that Circuit City hired you as the new chief information officer (CIO) to h elp relaunch the company into a global e -commerce multinational company. Create a PowerPoint presentation containing the IT strategic plan that will address Circuit City e – commerce initiatives. The following information should be covered in the presentation. 1. History of Circuit City 2. W hat were the issues and challenges that caused the collapse of Circuit City in 2009? 3. W hat are the issues and cha llenges with Circuit City 2018 latest e-commerce initiative ? 1 http://circuitcitycorporation.com/circuit -city -to-announce -official -company -relaunch -at-the -2018 -consumer – electronics -show -on -january -8th/ 2 http://fortune.com/2018/01/09/circuit -city -relaunch -website/ 4. Discuss the major com petitors in global e -commerce. 5. How would IT deliver value to the business? 6. Proposed the IT infra structure required to support global e -commerce 7. Proposed the IT budget for the e -commerce initiative 8. Discuss the IT based risks associated with global e-commerce 9. Discuss how IT can leverage innovative technologies such as social media, big data and business intelligence to provide value to the business 10. Discuss the future or emerging technologies that would be leveraged to give Circuit City a competitive advantage.