This report outlines how application development and delivery professionals (AD&D pros) working on business application strategy can determine their level of readiness for application transformation. AD&D pros are accustomed to application strategies that chart a course between custom and packaged apps and between best-of-breed and single-vendor solutions, but now they must also respond to market and end user pressure for innovation in exploiting mobility, big data, and in-line analytics. This report describes why AD&D pros need to build on a solid enterprise foundation in order to deliver sustainable innovations and provides a framework for them to assess their organizational and skills readiness for application strategy transformation.