Acronyms
POPIT - Four view model: Organisation, Information & Technology, People, Processes |
SWOT - Strengths, Weaknesses, Opportunities, Threats |
PESTLE - Political, Economical, Socio-cultural, Technological, Legal, Environmental |
MOST - Mission, Objectives, Strategy, Tactics |
CSF - Critical Success Factors |
KPI - Key performance indicators |
PID - project initiation document |
TOR - Terms of reference |
CATWOE - Customer, Actors, Transformation, World view, Owner, Environment |
DCF - Discounted cash flow |
NPV - Net Present Value |
IRR - Internal rate of return |
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Business change lifecycle
Business change lifecycle
Alignment
This has two stages – aligning the direction of the organisation with
changes in the business environment and aligning the IT provision with the needs of the business. The business strategy defines the overall direction of the organisation and the enterprise architecture shows how the organisation will implement that strategy
Definition
With a clear strategy and enterprise architecture in place, specific
projects, some involving IT and some not, can be defined and business cases should be prepared and authorised for them
Design
Now, the specific projects are defined in more detail, taking into
account the four aspects defined in the four-view model
Implementation
In this stage, the change – to IT, to the organisation, to the processes and to the people – is developed, tested and deployed
Realisation
Finally, the benefits expected from the business change are evaluated to
see if they have been achieved. This may also lead to the identification of further activities needed to secure the benefits |
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