Principles of Information Systems (MindTap Course List)
Principles of Information Systems (MindTap Course List)
13th Edition
ISBN: 9781305971776
Author: Ralph Stair, George Reynolds
Publisher: Cengage Learning
Question
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Chapter 11, Problem 3CTQ2
Program Plan Intro

Strategic planning:

  • It denotes a process that would help managers identify desired outcomes as well as formulate plans for achieving objectives.
  • It uses the available capabilities and resources.
  • The changing nature of organization and surroundings should be considered.
  • It provides a framework and a direction that is clearly defined for guiding decision making at every levels.
  • It ensures most effective usage by focusing resources based on priorities.
  • It allows organization to be proactive as well as take advantage of opportunities as well as trends.
  • It enables all units to work together towards common goal.
  • It provides measured to evaluate performances.
  • It improves communication among the organization.

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