Assignment 8 (MIS2)

Fast forward ..., you were hired and have been tasked to develop a strategic information systems plan for a company. The company officers have extended an invitation for you to meet with them to discuss the direction of the company. Before this meeting, they have asked that you provide a list of questions with some explanation about the "why" of the question so they can be prepared, thus maximizing the output from this meeting.

Develop a list of questions you would ask the officers of the company and give an explanation and justification for each question. (1000 words).

Strategic Information Systems Planning

Strategic information systems planning (SISP) has been defined as the process of identifying a portfolio of computer-based applications that will assist an organization in executing its business plans and realizing its business goals. SISP is an important activity for helping information executives and top management identify strategic applications and align IT with business needs. Previous researchers and practitioner observers have identified measures of successful SISP and have recommended many prescriptions for achieving success.

In this research, the SISP experiences of 105 planners contribute a new perspective on these prescriptions and the success of SISP. Planners extensively follow the prescriptions that promote the efficient management of the SISP study. Although they also extensively follow those prescriptions that lead to their own greater satisfaction, they do not so rigorously follow those that meet SISP objectives. However, the fit between information technology capabilities and the needs of the organization is important to them. Furthermore, plan implementation remains critical to meeting SISP objectives.

Combined, these generalizations suggest the central contribution of this research-planner's paradox: The planner must complete the SISP study rapidly to facilitate its implementation but in doing so risks compromising its fit to the organization and therefore reduces its chances of implementation. The planner must thus plan rapidly enough to produce the plan quickly but carefully enough to produce a relevant one.


Ten Reasons Why You Need a Strong Business Plan

A business plan is the cornerstone of starting a business as well as a significant tool for monitoring the progress and growth of your company. Below are 10 key reasons why you should have a business plan.

1. To Attract Investors. Before investors can decide whether or not to back your business financially, they will need to know as much as possible about how the business will operate and how their investment will be spent.
2. To See If Your Business Ideas Will Work. By writing a business plan and outlining each aspect of your business, you can determine if your idea is actually viable.

3. To Outline Each Area of the Business. A business plan will provide an overview of all aspects of the business. You will be able to detail the who, what, where, when, and why of your day-to-day business operations, costs, and projected profitability.

4. To Set Up Milestones. By forecasting where your business will be in six months, one year, or five years, you are not only letting potential investors know your plans, but also setting up realistic milestones for yourself and your employees.

5. To Learn About the Market. Researching, analyzing, and writing about the market not only provides you with an overview for the business plan, but gives you greater insight into the overall market.

6. To Secure Additional Funding or Loans. Your business plan can demonstrate that you have met goals and illustrate the company’s growth and need for additional funding.

7. To Determine Your Financial Needs. The process of writing your business plan will force you to analyze your financial picture.

8. To Attract Top-Level People. Your business plan will give talented people an overview of your business.

9. To Monitor Your Business. A business plan should serve as an ongoing business tool that you can use to monitor your progress.

10. To Devise Contingency Plans. While business plans often include some contingency plans, by virtue of having the document available, you can see how and where you can make such changes relatively quickly if, and when, necessary.


Here are the following questions that I may discuss in the said meeting:
What is the company’s business plan?

The Strategic information systems plan must be inline or linked to the company’s business plan. Because the strategic information systems plan that will be developed will support the organization’s overall business plan.
― What is the scope and limitation of the Strategic Information Systems plan?
It is important to know the scope and limitation of the strategic information systems plan that I will develop so that I will not go overboard beyond the company’s needs. And it can also help prevent miss understanding between me and the company.

Does your organization ready for Strategic Planning?

-Planning for information systems, as for any other system, begins with the identification of
needs. In order to be effective, development of any type of computer-based system should be a
response to need--whether at the transaction processing level or at the more complex information and
support systems levels. The plan must be specific enough to enable understanding of each application and to know where it stands in the order of development. Also the plan should be flexible so that priorities can be
adjusted if necessary.
What are the company’s objectives and goals?

-This question is mostly asked by many interviewers, knowing that every company should possess an ideal success to the business. In making a business proper, the company should provide an objective and goal, because these two main words denote the achievement and success of the business. It would help give a direction and organize strategy to the business.

Is the company willing to provide risk involving budget?
-To know if in what way the company use money for implementing project.This would identify if the company is worthy in hiring to develop their Strategic
information system plan .Having a good budget SISP would be more success.

References:

http://www.jmis-web.org/articles/v13_n1_p35/index.html
http://www.allbusiness.com/business-planning-structures/business-plans/1716-1.htm