"Strategy Methodology" Please respond

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Computer Science

Question Description

Review IT strategy methodology on page 88 of the Lane text. Explain how the IT strategy methodology can be developed to minimize economic factors. Justify your answer.


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Explanation & Answer

The optimal allocation of resources to arrive at at a cost effective investment in defensive measures within an organization. Risk management minimizes both risk and cost. IT strategy methodology can be also developed to reduce the risk of exposures to loss faced by an organization. Strategic planning  in IT is matching your strengths to available opportunities. It focuses mostly on managing interaction which includes competitors and suppliers. And it is also focusing on how technology changes and keeps upgrading every single day in a company. Today most companies use windows 8 and sometime this year windows 9 will be coming out soon. As someday I want to get my dream job as an IT manager I also myself must be up to date with technology as it keeps chagning rapidly.

Tnoevry R (1551)
University of Maryland

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