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	<title>Internal needs analysis Archives - ForBis Accounting</title>
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	<title>Internal needs analysis Archives - ForBis Accounting</title>
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		<title>IT Strategy</title>
		<link>https://forbisaccounting.com/project/it-strategy/</link>
		
		<dc:creator><![CDATA[Andina Putri]]></dc:creator>
		<pubDate>Fri, 18 Sep 2020 04:49:56 +0000</pubDate>
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					<description><![CDATA[<p>The post <a href="https://forbisaccounting.com/project/it-strategy/">IT Strategy</a> appeared first on <a href="https://forbisaccounting.com">ForBis Accounting</a>.</p>
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										<content:encoded><![CDATA[<p><div class="et_pb_section et_pb_section_0 et_pb_with_background et_section_regular" >
				
				
				
				
				
				
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				<div class="et_pb_text_inner"><h1>Advisory- Information Technology (IT) Strategy </h1></div>
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				<div class="et_pb_text_inner"><p><span>The success of modern-day businesses relies increasingly on its ability to incorporate Information Technology (IT) into its business processes and <span style="color: #0000ff"><a href="http://www.cyberportal.net/business-technology-managment.htm#:~:text=Business%20Technology%20Management%20(BTM)%20is,to%20handle%20business%20technology%20processes.&amp;text=Students%20enrolled%20in%20such%20courses,in%20technological%20and%20business%20domains." target="_blank" rel="noopener noreferrer" style="color: #0000ff">improve their core competency</a></span>. IT strategies focus on how IT can help the organisation <span style="color: #0000ff"><a href="https://www.hellosign.com/blog/information-technology-strategy-frameworks-planning-for-the-future#:~:text=At%20its%20core%2C%20an%20information,grow%20to%20produce%20continued%20value.&amp;text=Your%20IT%20strategy%20itself%20focuses,further%20the%20organization's%20business%20goals." target="_blank" rel="noopener noreferrer" style="color: #0000ff">further its business goals</a></span> and improve the efficacy of business processes. IT strategies should also be aligned with the company’s <span style="color: #0000ff"><a href="https://www.bmc.com/blogs/strategic-framework/" target="_blank" rel="noopener noreferrer" style="color: #0000ff">vision and mission</a></span>, so that the outcomes support the growth of the company. </span></p></div>
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				<div class="et_pb_text_inner"><h2>What We Can Do For You </h2></div>
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						<h4 class="et_pb_module_header"><span>IT Governance </span></h4>
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<li style="font-weight: 400">Align IT strategy with Business strategy</li>
<li style="font-weight: 400">Risk &amp; Compliance</li>
<li style="font-weight: 400">Using IT to drive progress</li>
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						<h4 class="et_pb_module_header"><span>Procurement Strategy</span></h4>
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<li style="font-weight: 400">Internal Needs Analysis</li>
<li style="font-weight: 400">Developing &amp; Implementing Sourcing Strategies</li>
<li style="font-weight: 400">Supplier Negotiations</li>
<li style="font-weight: 400">Transition Planning</li>
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						<h4 class="et_pb_module_header"><span>Strategic Technology Investment Management </span></h4>
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<li style="font-weight: 400"><span style="font-weight: 400">Resource allocation and investment </span></li>
<li style="font-weight: 400"><span style="font-weight: 400">Technological solutions for managing projects </span></li>
<li style="font-weight: 400"><span style="font-weight: 400">Technological Prioritisation</span></li>
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						<h4 class="et_pb_module_header"><span>Staff Training </span></h4>
						<div class="et_pb_blurb_description"><p><span style="font-weight: 400">Proper training has to be provided to employees whenever a new IT software is rolled out</span></p></div>
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						<h4 class="et_pb_module_header"><span>Regulatory compliance </span></h4>
						<div class="et_pb_blurb_description"><p>Cybersecurity and privacy are a huge concern to many. Regulatory and data protection laws have been put in place to protect the privacy of employees and clients. Therefore, companies must create good policies to prevent data breaches.</p>
<p>To know more about data protection in Singapore, click <a href="https://www.pdpc.gov.sg/overview-of-pdpa/the-legislation/personal-data-protection-act" target="_blank" rel="noopener noreferrer">here</a>.</p></div>
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						<h4 class="et_pb_module_header"><span>Core IT Operations </span></h4>
						<div class="et_pb_blurb_description"><p>Strengthening a company’s core IT operations against cyber threats is a top priority. Firms should develop effective risk-management structures to identify, assess, monitor and manage operational risks.</p>
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<p>(Information adapted from <a href="https://www.isaca.org/resources/isaca-journal/issues/2016/volume-6/is-audit-basics-the-domains-of-data-and-information-audits" target="_blank" rel="noopener noreferrer">ISACA</a>)</p></div>
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						<h4 class="et_pb_module_header"><span>Evolving Digital Technology and Automation </span></h4>
						<div class="et_pb_blurb_description"><p>An increasing number of businesses are investing in advanced technologies. Although this reaps benefits for the company when it comes to efficacy and accuracy, however, this comes with higher risks of data breaches and system failures. </p></div>
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<p>The post <a href="https://forbisaccounting.com/project/it-strategy/">IT Strategy</a> appeared first on <a href="https://forbisaccounting.com">ForBis Accounting</a>.</p>
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