Case for requiring information technologies strategic plans

Due to the ubiquitous nature of information technologies (IT), our heavy reliance upon them, trust in their output and the sunk cost invested in them, creation and maintenance of solid strategies to safeguard these systems is no longer a luxury. An understanding of the key elements of IT, its data and the potential threats to it are required to develop and manage a solid information technology strategy (ITS). Although some commonalities exist, each instance of an application varies in its criticality, thrust and potential threats. Cost factors and the ever-evolving nature of technology make it impractical to totally safeguard any system. Thus, a desirable ITS achieves a balance which provides sufficient system safeguarding within cost, labor, and other constraints