The Role Of Internal Planning On Strategic Planning

The Role of DSS in Strategic Planning Casey Matta Walden University Business Intelligence Business Intelligence, also referred to as BI, has been defined in many ways. The earliest definition comes from 1958. At this time business intelligence â€Å"was seen as the ability to apprehend the interrelationships of presented facts in such a way as to guide actions towards a desired goal† (Turning Data into Actionable Information). Business Intelligence encompasses the following elements: Reporting, Analysis, Data mining, Data Quality and interpretation, and Predictive Analysis† (Turning Data into Actionable Information). According to Ryan Mulcahy at CIO.com, â€Å"Business Intelligence, or BI, is an umbrella term that refers to a variety of†¦show more content†¦Organizations decide on a business strategy, and then build a technology system to support it. This model is too traditional for the rapid movement of today’s businesses. I agree that businesses in the world today move at a very fast pace, and a new processes should be developed wher e IT leaders do not have to wait for the business strategy to be completed before building an IT strategy. â€Å"To move beyond business-IT alignment, you must drive innovation and boost business-partner relationships† (Leaver, S. IT-Business Alignment a Thing of the Past: It’s time for CIOs to embrace an integrated, evolving strategy). Business strategy and IT alignment are crucial to the success of an organization because the IT system has to support the goals and visions of the business. This is why nearly two-thirds of IT Leaders wait until after the business strategy is imposed to start building an IT strategy (Leaver, S., IT-Business Alignment a Thing of the Past: It’s time for CIOs to embrace an integrated, evolving strategy). Organizations of today rely on IT and business strategy alignment in order for the company to be efficient. 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