Essay about Strategic Information Systems Planning (Literature Review)

8545 Words Dec 26th, 2006 35 Pages
Literature Review on
Strategic Information Systems Planning

Contents

1. Introduction
2. Evolution of SISP
3. Stages of SISP 3.1 Inverted U- curve: Law of diminishing returns 3.2 Optimization of planning process
4. Factors influencing decision-making 4.1 Environmental factors 4.1.1 SISP Performance in an uncertain environment 4.1.2 Environmental assessment in strategic information systems planning 4.1.2.1 Hypotheses Testing 4.1.3 Uncertainty in SISP Due To Environmental Factors 4.2 SIS and Its Interface with the CEO 4.3 Alignment of SISP with Corporate Strategy 4.4 Flexibility in SISP v/s Returns For the Firm
5. Frameworks/Models for SISP 5.1 Web
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At the same time, competitors are producing new products and services, and vigorously marketing them. Customers are becoming more selective in their choices of those products and services. Governments are passing more and more legislation regulating organizations, while suppliers increasingly attempt in innovative ways to obtain the highest possible prices for their raw materials.

4.1.1 SISP Performance in an uncertain environment
In an uncertain environment, customers can reduce their purchases, inventories can rapidly increase, and vendors can demand more prompt payments, causing revenues to plunge, costs to escalate, and profits to vanish. Researchers have suggested that more extensive planning would be more successful, because it would help planners understand the impact of the environment and better respond to it [10]. Gathering information, evaluating potential courses of action, limiting trial-and-error decision making, delaying decisions until all alternatives have been evaluated, and determining a good course of action could produce a successful planning outcome. Analysis in uncertain environments might be expected to produce greater knowledge about competitors, resources, customers, and regulators. This would make it possible to understand and predict change and thus to develop plans that are less vulnerable to consequences of that change. This would result in

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