Is an episodic, triggered activity, every 2, 3 or 5 years. Created in response to request from Board or by new CIO in role.
Is a perpetual activity. Performed continuously as a BAU activity by every employee as part of their daily responsibilities.
Ages immediately on creation, with multiple, out-of-sync copies, versions.
A “last known” strategy is often available, quite likely no longer applicable.
Ensures strategy is always relevant with a single source of truth. Strategy is generated on-demand with real-time data.
Aligns only Business and IT once when Strategy is created.
Alignment is a continuous process. Ensures business units are always aligned to Group with duplication only by exception.
Periodic attention to macroeconomic conditions. Horizon scanned only when Strategy is created.
Continuous attention to macroeconomic conditions. Continuously scans horizon and updates Strategy.
Requires repeat pre-requisite activities. Data collation and current state analysis are performed as one-off activities, taking up 50p of every pound spent on Strategy.
Requires little pre-requisite activities as data and current state are always available in real-time.
Is cost- and time-intensive every time.
Is one-time effort with negligible to repeat.
Needs distinct, expensive skills and uses basic toolset.
Uses available skills & specialist tooling.