DocumentCode :
2337409
Title :
A methodology to aid the development of information technology strategies
Author :
Reynolds, K.A. ; Winchester, M.J. ; Wainwright, C.E.R.
Author_Institution :
Cranfield Univ., UK
fYear :
1997
fDate :
2-4 Apr 1997
Firstpage :
429
Lastpage :
436
Abstract :
The previous decade has witnessed major change within the information systems (IS) environment with a corresponding emphasis to the importance of specifying timely and accurate information strategies. Hence this paper responds to this emphasis via the development of a methodology to aid the formulation of information technology (IT) strategy. The methodology is suitable for all organisations who seek to plan long term investment strategies, however it is particularly applicable to Small to Medium sized Enterprises (SME) who need to balance long term investment against the risk of short term expenditure. The paper initially describes the modular nature of the methodology prior to a disclosure of the optimum process at the centre of the methodology. The optimisation method uses a linear goal programming (LGP) mathematical approach to analyse IT investment projects through the multivariable optimisation of business goals. The paper concludes with a discussion of the validation of the methodology
Keywords :
management science; IT; LGP; LP; SME; business goals; information technology strategy development; linear goal programming; long-term investment strategy planning; modular methodology; multivariable optimisation;
fLanguage :
English
Publisher :
iet
Conference_Titel :
Factory 2000 - The Technology Exploitation Process, Fifth International Conference on (Conf. Publ. No. 435)
Conference_Location :
Cambridge
ISSN :
0537-9989
Print_ISBN :
0-85296-682-2
Type :
conf
DOI :
10.1049/cp:19970179
Filename :
608102
Link To Document :
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