Take any organization of your choice and explain the
framework of IS/IT Strategy formulation and planning
process.
Given below are the steps you may consider for explaining
the framework of IS/IT Strategy.
1.Initiate Strategy Process
2.Understand the Current Situation and Interpret Business
Needs
3.Determine the Business IS strategy
4.Define Information and Systems
Architecture
5.Deliverables
develop a clear and objective process(framework) whereby the
formulation of the marketing strategy can be effectively executed
and communicated to customer and consumer.
1. Discuss the major
corporate-level strategy formulation responsibilities, and how they
are different from business-level strategy formulation
responsibilities (review ch. 5)?
2. Why might an
organization choose to diversify? Define related and unrelated
diversification?
3. What are Mergers
and Acquisitions? What are some potential problems with it? Define
Poison Pill.
4. What is BCG
Matrix? Explain the characteristics of a question mark, star, cash
cow and dog.
Environmental scanning is always conducted before
strategy formulation. Discuss the importance of both the societal
and task environment to strategic planning in an organization.
Discuss the limitations of the economic value creation
framework. Give an example and compare this framework to
explanations that focus only on cost minimization.
What is the role of the Chief Executive Officer (CEO) in the
strategy formulation and strategy execution process? Why has their
job become increasingly difficult? Give one or more specific
examples of the difficulties currently faced by Chief Executive
Officers.