4. Process and Project Management Questions to Consider: Is your staff able to balance project assignments with day-to-day tasks and firefighting? Are existing and proposed projects formally prioritized? 1. Hard to mange day to day tasks as their day is mostly consists of meetings etc... 2.projects are a priority which means that workers are hardly finishing their tasks 5. Budget Performance Questions to Consider: Is the IT department mandated to reduce its budget? Does IT need to justify its existence? 1. Netflix spends 1.5B on the IT department and they must reduce their budget, but Netflix is forced to spend a lot on the IT department being a digital platform 2. 2 TOWS Analysis Based on SWOT ANALYSIS, identify strategic alternatives that address the following additional questions: (SO) - How can you use your strengths to take advantage of the opportunities? (ST) - How can you take advantage of your strengths to avoid real and potential threats? (Wo) - How can you use your opportunities to overcome the weaknesses you are experiencing? (WT) - How can you minimize your weaknesses and avoid threats? List the at least 4 objectives for IT that came out of both your SWOT analysis and your TOWS Analysis. Strategic Objective Example: 1. The cost of IT will be monitored effectively, and the organization will be able to achieve optimal IT spending through continuous internal improvements 2. Providing staff with sufficient training and tools to do their job effectively. 3. Adopting new technologies to help in minimizing operating cost. 4. Outsourcing some IT function help in minimizing operating cost. 10/9 4. Process and Project Management Questions to Consider: Is your staff able to balance project assignments with day-to-day tasks and firefighting? Are existing and proposed projects formally prioritized? 1. Hard to mange day to day tasks as their day is mostly consists of meetings etc... 2.projects are a priority which means that workers are hardly finishing their tasks 5. Budget Performance Questions to Consider: Is the IT department mandated to reduce its budget? Does IT need to justify its existence? 1. Netflix spends 1.5B on the IT department and they must reduce their budget, but Netflix is forced to spend a lot on the IT department being a digital platform 2. 2 TOWS Analysis Based on SWOT ANALYSIS, identify strategic alternatives that address the following additional questions: (SO) - How can you use your strengths to take advantage of the opportunities? (ST) - How can you take advantage of your strengths to avoid real and potential threats? (Wo) - How can you use your opportunities to overcome the weaknesses you are experiencing? (WT) - How can you minimize your weaknesses and avoid threats? List the at least 4 objectives for IT that came out of both your SWOT analysis and your TOWS Analysis. Strategic Objective Example: 1. The cost of IT will be monitored effectively, and the organization will be able to achieve optimal IT spending through continuous internal improvements 2. Providing staff with sufficient training and tools to do their job effectively. 3. Adopting new technologies to help in minimizing operating cost. 4. Outsourcing some IT function help in minimizing operating cost. 10/9