Best Practice Report

Use Business Capabilities To Improve IT’s Investment Strategy

February 8th, 2024

Summary

Business capability analysis drives IT transformation by identifying gaps and highlighting current capability levels. By focusing on strategic capabilities, this analysis unveils investment strategies, improves decision-making, and verifies transformation success. The Forrester Business Capability Investment Decision Tool helps tech execs make IT investments that have the expected impact, enable continuous capability improvements, and allow the IT organization to adapt to dynamic business needs. This report outlines the three-step process that helps strategic planners use the tool to assess business capabilities’ impact, maturity, and complexity.

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Forrester helps business and technology leaders use customer obsession to accelerate growth. That means empowering you to put the customer at the center of everything you do: your leadership strategy, and operations. Becoming a customer-obsessed organization requires change — it requires being bold. We give business and technology leaders the confidence to put bold into action, shaping and guiding how to navigate today's unprecedented change in order to succeed.