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To formulate a winning technology innovation strategy, a sufficiently broad competitive intelligence scan of technology options is essential to illuminate potential breakthrough opportunities. Very often we find that technology experts are blind to these new opportunities.
IT can be used to develop new products or processes or to improve existing products and processes so as to achieve a competitive edge in the market or to effect significant improvements in internal operations.
An IT Strategy can be one of the most difficult and most contentious issues in a business. IT often looses perspective of the business objectives or the business plan is not communicated to IT. A starting point on how to align IT with the ‘business’ requires both hard question and hard answers.
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