- IT Strategy Template.docx (50.579 KB)
Using the IS alignment work and the financial analysis from week 6, submit a complete IS strategic plan. Your paper should include at least 5 references from peer-reviewed journals associated with how other companies are using the technologies you are recommending. The strategy should include the technologies you plan to implement, your plan for sourcing the IS work, and the governance model you plan to use to sustain the IS operation over the long term. You should include specific projects with a timelinefor implementation in your strategy. Make sure you also include the financial analysis.Your IT strategy should also specify some key performance indicators (KPIs) to measure the effectiveness of IT. The website below can help you identify the KPIs for your strategy.
- Website: ITIL Key Performance Indicators explains some of the key performance indicators used for IT service management in the ITIL governance framework.
Your total paper should be 5-7 pages of text in APA format, not counting the title and reference pages, and not counting any tables or figures. Make sure you include in-text citations. Please use the template attached above. In developing your IT strategy, please refer to the resources from previous weeks. A list of all the videos and other resources can be found under the Strategy Resources link on the main menu in this Blackboard course. You can reference these resources in your paper, but you must also reference at least 5 peer-reviewed articles. Make sure on your references page you include a reference with the URL (weblink) to the case study you chose, in addition to at least 5 references from peer-reviewed journals.
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Running head: IT STRATEGY FOR NOKIA
IT Strategy for Nokia
IT STRATEGY FOR NOKIA
IT Strategy for Nokia
The paper provides essential information about the IS strategic plan FOR Nokia
company. Information systems have become important and more useful in the modern world for
business growth. Therefore, accuracy and speed are critical in this industry, and therefore the two
elements determine whether the company will either win new client trust or not. For this case, an
organization with the superior information system strategic plan have a competitive edge in the
market. Subsequently, this company can able to expand their services to counter their close
competitors. Incorporation of IT strategies plan will boost the company IT capabilities to
enhance the customer’s services in the market (Kennedy, 2010). As a result, the project will
attract more potential customers as well as investors who will in return propel the business
financial strength. Additional, the strategies enable the company to maximum utilize the
available resources which will optimize the profit and reduce the business expenditures.
Nokia Inc. Descriptions
Nokia Inc. is a telecommunication organization which specializes in the production of
mobile phones, electronics, operating software’s as well as provision of the network which is
widely known as Nokia solutions and network to name but a few. The company founded by
mining engineer Fredrick Ides Tam in the year 1865, where it was operating as a Pulp mill.
Afterwards, in the year 1967 three different companies emerged and formed now the so-called
Nokia Corporation. In the year 1987, Nokia develops their first mobile phone known as Mobira
City man 900 (Steinbock, 2001).
In context, Nokia Company sold the section of its mobile devices to Microsoft because of
their constant losses due to high market competition from other products such as Android and
IT STRATEGY FOR NOKIA
iPhone in the markets. However, in the year 2015, Nokia returned to the market with the new
Android mobile phone. Furthermore, have four major business division namely; Nokia
technologies, Alcatel-lucent, Nokia networks as well as Nokia bell labs.
Information Systems Strategic Proposal
Nokia strategic plan to revive in the current market seems to be difficult for them to win
back customer loyalty. Therefore, Nokia requires adopting some strategic plan to maintain their
image in the current competitive market. Such plans are an investment in important business
objectives and integration of social systems, innovation of new technology as well as the use of
electronic data interchange files (IGI Global, 2010).