Find Resources & Connect with members on topics that interest you.

AI - Acquire and Implement

PO - Plan and Organize

DS - Deliver and Support

Please sign in to see your topics.

You must be logged in to join this group.

PO1.4 - IT Strategic Plan

This topic is intended to enable collaboration and sharing of information to facilitate a better understanding and approach to implementing this COBIT control objective based on the risk, value and guidance provided by its corresponding control practices.

COBIT Control Objective PO1.4 - IT Strategic Plan is contained within Process Popup Define a Strategic IT Plan

Learn more about COBIT and related publications.

Click “Join This Community” to be able to actively participate in discussions and contribute content. You must be an ISACA member to join this topic. Join ISACA now.

 
This Topic Has:
31 Members
0 Online
4365 Visits

 Recent Discussions

Community Leader

Knowledge Center Manager

Knowledge Center Manager

Title: Become a Topic Leader!

Badge: Energizer


IT Strategic Plan

Create a strategic plan that defines, in co-operation with relevant stakeholders, how IT goals will contribute to the enterprise’s strategic objectives and related costs and risks. It should include how IT will support IT-enabled investment programmes, IT services and IT assets. IT should define how the objectives will be met, the measurements to be used and the procedures to obtain formal signoff from the stakeholders. The IT strategic plan should cover investment/operational budget, funding sources, sourcing strategy, acquisition strategy, and legal and regulatory requirements. The strategic plan should be sufficiently detailed to allow for the definition of tactical IT plans.

        View value and Risk Drivers

        Hide value and Risk Drivers


Value Drivers

  • Strategic IT plans consistent with business objectives
  • Strategic objectives and associated accountabilities clear and understood by all
  • IT strategic options identified and structured, and integrated with the business plans
  • Reduced likelihood of unnecessary IT initiatives
  • Strategic IT plans complete and usable
  Risk Drivers
  • Business requirements not understood or addressed by IT management
  • No regular and formal consultation between IT management and business and senior management
  • IT plans not aligned with business needs
  • Unnecessary IT initiatives and investments
  • IT plans inconsistent with the organisation’s expectations or requirements
  • IT not focused on the right priorities

        View Control Practices

        Hide Control Practices

  1. Establish a process to translate business strategy, business expectations, and current and future IT capabilities into an IT strategic plan.
  2. Ensure that IT has established a process to identify, document and adequately address organisational changes, technology evolution, regulatory requirements, business process re-engineering, staffing, in- and outsourcing opportunities, etc., in the planning process.
  3. Define roles and responsibilities of the stakeholders involved in the strategic planning process.
  4. Develop IT capabilities to support the business requirements and contribute to expected benefits as included in the enterprise’s strategic plan.
  5. Identify and document the implications on the business strategy in terms of risk and cost of the required IT capabilities. Resolve negative implications appropriately in co-ordination with the business.
  6. Define and document the IT goals and objectives necessary to cost-efficiently:
    • Achieve the benefits and manage the risks of the capabilities required of IT
    • Establish the current and future performance required to respond to business expectations
    • Provide transparency on capabilities delivered by IT and their contribution to strategic objectives
  7. Translate the business-derived IT objectives into outcome measures represented by metrics (what) and targets (how much) that can be related to business benefits. Obtain appropriate stakeholder approval.
  8. Formally approve and communicate the IT strategic plan and ensure that it is clearly understood by those who need to translate it into budgets, tactical plans, sourcing and acquisition strategies, processes, and organisational structures.

Discussions: 0 total

Must be a Topic member to contribute

No Results Found

Documents & Publications: 80 total

Must be a Topic member to contribute
View All »
Downloads
Posted by FarmService 1416 days ago
Downloads
Posted by ISACA 1426 days ago
Downloads
Posted by FarmService 2501 days ago
Books
Posted by ISACA 505 days ago
Books
Posted by ISACA 719 days ago

Events & Online Learning: 15 total

Journal Articles: 257 total

Volume 3, 2107
by Jayakumar Sundaram, CISA, ISO 27001 LA
The SoA is a continuously updated and controlled document that provides an overview of information security implementation.
Volume 6, 2106
by Venkatasubramanian Ramakrishnan, CISM, CRISC, CHFI
Bayesian networks can capture the complex interdependencies among risk factors and can effectively combine data with expert judgment.
Volume 1, 2018
by Aditya K. Sood, Ph.D., and Rehan Jalil
With the robust requirements listed by upcoming regulations, such as GDPR, the importance of a cloud app security solution cannot be ignored.
Volume 1, 2018
by Sandy Fadale, CRISC, CISM, CGEIT
Get to know your network.
Volume 6, 2017
by Robert Putrus, CISM, CFE, CMC, PE, PMP
This article presents a risk-based management approach to third-party data security risk and compliance through the development of a third-party risk register.
Volume 6, 2017
by Guy Pearce
The modern GRC landscape has a significant impact on how an enterprise-scale big data project would be undertaken today.

Wikis: 2 total

Blog Posts: 167 total

21 Feb 2018
We are happy to announce that  on Feb//2018  the ISACA awareness session  was held in Baghdad.This the first time to speak about ISACA Value in Iraq.Professional from government and private sector were excited to hear about ISACA value and they started to...
Posted By : Ali099 | 1 comments
Have you experienced ransomware attack so far and, if yes, what did you do to resolve? I set up Twitter poll here: https://twitter.com/DPleskonjic/status/953608717399941120 It lasts for seven days. Thank you for taking part in the poll.
Posted By : Dragan Pleskonjic | 2 comments
Bitcoin Trade a Bubble! Block Chain Technology Useful .ISACA Members whats your Take on Bitcoin Trade, Is its a bubble that wont last long.Block chain Technology is useful and its continuously growing to as form of secure record  management and secured us...
Posted By : MUGAMBI865 | 1 comments
There is no doubt with our current business environment, we will be experiencing more cyber breaches in the next few months.  The latest threat is an architectural design flaw in newer CPU's.  These design vulnerabilities could allow attackers to intercep...
Posted By : Fred586 | 1 comments
There are some math models for business that MBAs are taught. Just like assembling burgers for fast food or call wait queue management in a call center, vulnerability patching is a time based business opportunity. Leadership can be expected to use this ...
Posted By : Don Turnblade | 1 comments
My personal thoughts after listening to C-level executives at the CxO Roundtable Series sponsored by Intel, IBM, HyTrust & ReedSmith. For an invite, please reach out to me. Data Protection under the GDPR For past few months, I’ve been helping to org...
Posted By : Thomas152 | 1 comments