The trend today is for increased information technology management in corporate strategies. This is a sign of the importance companies now place on the role of information technology in corporate success. Originally, information technology was seen as a way to save money. At first information technology was used to improve productivity by automating processes and [...]

Categories: IT Management

The strategic planning process is part of a larger concept known as strategic management. Strategic management focuses on strategic planning, implementation, and evaluation. The key to strategic planning is situation analysis and strategy formulation. Each of these key areas includes additional steps. Kwangju Bank of South Korea developed a detailed information systems strategic plan in 2006. It follows the strategic planning process closely.

Categories: IT Management

Short-term planning is any planning whose horizon is within the next two years. Planning within this category is tactical or operational in nature. It is focused on responding to the immediate needs of the organization long-term, strategic planning. Common tasks that fall within this category include project management, budgets, and resource allocation (McNurlin & Sprague, [...]

Categories: IT Management