Write an executive summary to form a Strategic Information Technology Plan related to Audit. This final paper
Question:
Write an executive summary to form a Strategic Information Technology Plan related to Audit. This final paper should incorporate any comments or suggestions made by the instructor on the audit exercise papers.
The executive summary is an abbreviated overview of the entire plan, and as such, it should touch upon all major points while engaging the reader. It should make the reader want to read the plan. Students should assume that the target audience is familiar with the computer terminology learned throughout this course.
• This exercise involves assessing a firm’s M.T.I capabilities with strategy.
• This exercise involves assessing sustainability and evaluating company stakeholder responsibility, the bottom line, and technology and innovation responsibility of the company.
• This exercise involves the evaluation of the firm. Addresses: demand for the product, factors that could block success of an innovation, competitive response, standards, level of novelty of the innovation, and other factors.
• This exercise involves assimilating a checklist for innovation for the organization to consider and determining the organization’s readiness to implement an innovation strategy.
• This exercise involves synthesizing a strategy score card of four elements: financial results, customers, human resources, and sustainability.
• This exercise involves developing Information Technology plans and strategy for mergers and acquisitions, planning for the acquisition of new technology during a merger, and measuring evaluation and control.
• This exercise involves assessing value analysis and costs in acquiring new technology or the company buying a smaller firm. This includes the information phase, speculation phase, evaluation and analysis phase, and implementation phase.
• This exercise involves applying the process model (risk assessment, decision analysis, options, current position) and relating the processes to internal innovation and obtaining technology. Evaluating the effect each strategy will have on organization structure and processes.
• This exercise involves ensuring the results of new technology, evaluating the process for implementing the building of capabilities, measuring capabilities (external environmental factors, strategic capabilities, and strategic decisions).
Business Communication Process and Product
ISBN: 978-1111951887
7th edition
Authors: Mary Ellen Guffey, Dana Loewy