Trident University Information Technology Management: Module 1 - SLP Anthony O. Thomas ITM580: Strategic Planning for IT Dr. Charul Shah April 22, 2013 Do the general principles and strategies of strategic planning apply to IT planning? What may apply, what may not, and why? Now a days, organizations can use almost any principle or plan to have a successful organization. There is surely nothing wrong with having generic strategies. To be really good, any strategic planning process must be tailored to the particular organization and circumstances; it will look different every time. Some key basic principles, I feel that are very important elements are – deciding on the goals, identify the audiences, identify the products to be delivered, identify the stakeholders and the need and abilities to contribute, identify the resources you have or will need to get started. All planning may be characterized as a systematic effort to produce fundamental decisions and actions that can shape and guide a business or organization. The objective of strategic planning is to develop a solid or specific plan/road map by which to manage an organization and the things that are required to start or manage one. Although some would suggest that strategic planning has lost some of its effectiveness, most managers continue to recognize the need for effective strategic planning and implementation. While strategic planning requires a significant amount attention and time, vice a general principles one, it can be quite frustrating as well, if done correctly, it can enable a firm to recognize its most effective position within its industry. There are a variety of models and perspectives approaches used in strategic planning. The development and implementation of these different tools depend on numerous factors, such as size of the organization, nature and complexity of the organization's environment, and the organization's leadership and culture. For example, an organization can start out using the same baseline as a McDonald or Wal-Mart, however at some point in the process, it will have to make changes and adapt to it’s own strategies. That goes the same for having general principles applying for IT planning, general principles will only take you so far. Conclusion While the differences between IT planning and strategic planning are continually narrowing, however it still have the dual task of cost reduction and continual improvement of process performance. IT is a critical element in the strategic planning of any business especially now a days, with so much technogoly changes so often.