Strategic Planning: Analyzing the Importance of Information Technology

This report examines the critical role of Information Technology (IT) in strategic planning within a business context. It explores how the internet, extranets, and intranets have revolutionized global IT management, emphasizing their impact on company operations and communication. The report delves into Enterprise Resource Planning (ERP) systems, highlighting their significance in managing various business functions such as HR and finance, and their role in integrating and centralizing business processes. Additionally, the report analyzes the benefits and implications of Bring Your Own Device (BYOD) policies, including cost savings, employee satisfaction, and increased productivity. The report provides references to support the analysis of the topics discussed.

Information technology importance in strategic planning
Topic 1
It can be stated that internet, extranets and intranets has changed the overall activities of the
companies which is managed on the global IT management. It can be analyzed that intranet is
considered as a computer network that considers internet protocol technology to secure the
overall information of the company. Through this it can be easy for the companies to maintain
their network between the companies and also offers proper training support in the workplace.

Information technology
Extranet is considered as the computer network that helps to control the overall access from the
outside and also focuses on managing the activities with different businesses. It is basically
called business to business transactions which can be made with this factor. So, this helps the
company to work on the global platform by maintaining the link with different companies.
Therefore, this can help the company to attain success in the competitive market. The last aspect
is related with internet in which it can be seen that information can be easily transferred and
managed. So, through this the companies maintain the activities on global platform (Lucia-
Palacios, Bordonaba-Juste, Polo-Redondo & Grünhagen, 2014).
It can be analyzed that cultural, political, or geoeconomic challenges affect a global company’s
use of the Internet because the internet can be accessible by different people. For example: It can
be one of the challenges when company is using the social media sites and considering the
culture of Hindu and ignoring the culture of Muslims.
Topic 2
By emphasizing on the ERP system it can be stated that the companies use this system in many
areas of business like in the sector related to HR or Finance. Also, ERP system is considered as
one of the important software business edition that is specially programed for the companies. It
can also be stated that enterprise resource planning is considered by the companies who
emphasizes on managing the overall functions of the business in the centralized and integrated
system. It is considered by the companies who are managing the activities within the supply
chain to assist in tracking the overall parts related to manufacturing and distribution. This helps
the companies to manage or to collect the information of the activities which are conducted in
the workplace. By considering the example the focus can be given on the product life cycle
management, warehouse management, human resources, decision support system and also on the
human resources (Pearlson, Saunders & Galletta, 2016).
The company also focuses on transaction by emphasizing on the ERP. It can be seen that ERP
software helps the companies to focus on accounting department process, records and also it
manage the overall accountable payable and then it can consider the meaningful information. If
the company focuses on the right ERP system then it can be simple to focus on maintaining the
overall transaction (Nwankpa, 2015). Therefore, ERP system is considered as one of the
important software that can help in managing the overall data and can also focus on offering
exact information in the workplace.
Topic 3
BYOD is considered as the device which can also be called as bring your own device. Nowadays
it is changing the working pattern of the employees in the workplace. If in the workplace BYOD
is used then it can help in saving the money by reducing the need to purchase employee specific
devices and equipment in the workplace. If employees bring their own device then it helps in
saving the entire cost of the company. This is considered as one of the best benefit related to
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Information technology
BYOD. The next benefit related to BYOD is increase in the happiness and satisfaction level of
the employees. It will maintain the overall level of satisfaction of the employees in the
workplace and can also boost the overall confidence level towards the work. This will also help
the top management in maintaining the culture of the workplace in the competitive market. One
of the best benefits is related with boosting the overall level of productivity of the employees in
the workplace (Blizzard, 2015).
By considering the own device it can be easy for the employees to boost the overall level of
productivity by giving permission to the employees their devices which can be used by them
easily. The last benefits is related to the up dated technology in which it can be stated that the
employees have the opportunity to use updated technology which will motivate them towards the
work which is assigned by the top management. So, these all are the benefits that can be
evaluated by considering BYOD.
References
Blizzard, S. (2015). Coming full circle: are there benefits to BYOD?. Computer Fraud &
Security, 2015(2), 18-20.
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Information technology
Lucia-Palacios, L., Bordonaba-Juste, V., Polo-Redondo, Y., & Grünhagen, M. (2014). E-
business implementation and performance: analysis of mediating factors. Internet
Research, 24(2), 223-245.
Nwankpa, J. K. (2015). ERP system usage and benefit: A model of antecedents and
outcomes. Computers in Human Behavior, 45(6), 335-344.
Pearlson, K. E., Saunders, C. S., & Galletta, D. F. (2016). Managing and Using Information
Systems, Binder Ready Version: A Strategic Approach. John Wiley & Sons.
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