Critical appraisal of the organisation’s
markets, products and resources
Analysing the market, competition and substitutes
Identifying and exploiting market opportunities
Developing an appropriate financial plan
comprising several short term goals for the future
Implementation of the action plan, monitoring
and controlling the outcomes
Information Strategic Planning
Formulating IT strategies to support the
business objectives
Identification of core areas where Information
Technology can bring about substantial improvement in efficiency,
cost management as well as improve customer relations
Identifying and exploiting new business opportunities
through investment in Technology
Selection and implementation of Information
Systems