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Pages:
3 pages/≈825 words
Sources:
5 Sources
Style:
APA
Subject:
Technology
Type:
Essay
Language:
English (U.S.)
Document:
MS Word
Date:
Total cost:
$ 16.2
Topic:

IT Planning SLP: How Much Should a Company Invest in IT?

Essay Instructions:

How much should a company invest in IT? How does a company know if it under-invests or over-invests in IT? If you haven't heard of the "IT-productivity paradox," then it is the time for you to do some investigation! Let me introduce to you the following article. If you'd like, you can dig deeper into the original productivity paradox by reading some of articles in the reference list.
1."The New Productivity Paradox" by Mark C. Anderson, Rajiv D. Banker, and Sury Ravindran, Communications of the ACM, March 2003. 
2.Harris, R. (2011, July 7). A shift to CFOs in calling tech shots. CIO. Retrieved from http://www(dot)cio(dot)com/article/685903/A_Shift_to_CFOs_in_Calling_Tech_Shots
3.Nash, K. (2011, January 1). 2011 State of the CIO: IT departments are fueling company growth through strategic technology investments. CIO. Retrieved from http://www(dot)cio(dot)com/article/646750/2011_State_of_the_CIO_IT_Departments_Are_Fueling_Company_
Growth_Through_Strategic_Technology_Investments
Please write a 3+ page article to answer the following question:
Discuss relationship between IT investment and productivity
Bring your own experiences to support your arguments. If you don't have any relevant experiences, ask your colleagues or those who handle IT planning your organization. Ask your CIO, CFO and CEO friends. You can also do some search on the Internet or at the Trident Online Library to find some references.
Submit your paper upon completion.
Use information from the modular background readings as well as any good quality resource you can find. Please cite all sources and provide a reference list at the end of your paper.
The following items will be assessed in particular:
1.Your ability to review suggested website and provide your feedback on how it relates to your own work within the constraint of strategic planning for IT.

Essay Sample Content Preview:

IT planning SLP
Student’s Name
University Affiliation
IT planning SLP
Proper IT investment is healthy in the successful operations of any company that does business with the aim of making a profit. In today's business world that is very dynamic, the productivity of a company greatly depends on the extent of investment in IT systems that run its operations. There are several factors to consider before determining how much a company needs to invest in IT. Firstly, the level of advancement of the IT system security functions because the features should enable maximum data security in the company. Secondly, the cost of the IT system in regard to operations and maintenance to save the company’s resources. Thirdly, additional security features in the IT system to enable acquisition of the most secure system. Fourth, the IT system should have management features that are easily customizable and usable to make the work easy for operators. The IT system should be having a typical false, positive, and negative rate to ensure smooth operations. Lastly, before selecting an IT system, it is necessary to consider where the company’s data is stored. The data can be stored either in the external or internal systems (Zhang & Chen, 2012).
IT planning is important in the productivity of any company, and it is worth to invest properly in the IT system. However, many companies face IT issues due to advancement in technology. It is the mandate of IT experts in the It section to employ their skills in correcting problems that arise to maintain smooth operations in their companies. The current security issues facing almost all companies are things like hardware failure, software errors, user mistakes, technical mishaps, and hackers. The companies should prepare themselves to deal with the IT problems using several methods such as forming a strong partnership with IT specialists to help in installation and monitoring of their systems. The IT experts should carry out periodic system assessment to detect any threat early enough and take control measures where possible. Again, companies should use the latest IT systems that have security features to limit instances of IT problems. The employees in the companies should have high qualifications to reduce cases of user mistakes in the IT systems (Logie, Trawley & Law, 2011).
The IT planners are super-ordinate especially in the reasons for IT security issues and recommendations for solving the problems. The common IT security issues such as software errors that are common in most electronic devices, user mistakes due to unqualified users of the IT systems, and hackers who access the companies' information using illegal means. The companies can use partner bond among them to pre...
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