Slide 22 of 33
Notes:
The processes of enterprise strategy formulation and technology strategic planning, long viewed as separate and distinct, are rapidly becoming a single enterprise planning process. In many industries including higher education, IT will be a primary determinant of enterprise survival and prosperity. In higher education, it will also be a component of institutional competitive strategy and a major determinant of differentiation and advantage. Institutional visioning will be accomplished with sufficient knowledge of technology’s capabilities, capacities and limitations to understand how technology is redefining competition and the competitive marketplace. Well-formed enterprise strategies will be structured around the institution’s ability to use technology to create new markets, products and services as well as its ability to align the enterprise with a rapidly and continuously changing global marketplace. Institutional processes must be designed concurrently with technology to optimize their performance in the new, technology-enabled college or university of 2005. Information and the technology that manages it will now be as much a critical component of enterprise visioning as capital, labor, materials and competencies are today. However, IS leaders must also understand the business issues facing all departments within the institution.
Action Item: Executive management in higher education must consider enabling technologies when building the institutional vision and strategic plans.
