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Essay / Research Paper Abstract
This 8 page paper is written in three parts. The first part defines corporate strategy, an IT strategic plan, IT capital plan and an IT acquisition management plan and how they relate to IT in a company. The second part of the paper discusses the importance of the acquisition strategy and the third part of the paper considers the changes that may be implemented by a new IT department manager in terms of assessing the acquisition of IT assets. The bibliography cites 6 sources.
Page Count:
8 pages (~225 words per page)
File: TS14_TEITstrat.rtf
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Unformatted sample text from the term paper:
the term in greater detail and then apply this to any give scenario. Strategy is a broad term and may be defined as "The science of military command, or the
science of projecting campaigns and directing great military movements; generalship" or "an elaborate and systematic plan of action; 2: the branch of military science dealing with military command and the
planning and conduct of a war" (Dictonary.com, 2004). For a definition of corporate strategy this is the application of these definitions in a corporate context, which may or may not
be a profit making organization. Corporate strategic thinking may have began in the 1920;s when Alfred Sloan took this approach with companies such as General Motors. However, this was
not the first use of the term strategy in a non military context, Socrates refers to strategy in a political context and may ancient texts such as Sun Tzus work
the Art of War and the slightly more recent Nicolo Machiavelli work The Prince, are often reinterpreted as for use in the business world, with enemies being the competitors. To
reach a definition each of the different works on strategy all have similarities; all call for clear and defined goals consolidated by decisive action which retains the flexibility to respond
to changing circumstances, along with the ability to analyse the situation and utilise original thinking. If we look at cooperate strategy from the perspective of information technology (IT).
IT may be able to play an important role in an overall strategy. For example, companies such as Amazon and eBay make efficient use of IT as a part of
their strategy, focal to the main strategy. However, it may also be used as a complimentary factor to enhance the attainment of other goals, such as the Eureka program at
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