COMP-225 Lecture Notes - Lecture 2: Strategic Planning, Data Analysis, Swot Analysis
Document Summary
Strategic planning influences day-to-day business operations because it focusses on the mission statement and identifies an organizations" long term and short term objectives which are critical to business operations. The mission is essential for producing results, and this is the purpose of business operations. It is important for systems analysts to understand a company"s strategic plan because systems development is team oriented, and information technology is part of the team objectives. A swot analysis is an analysis that refers to strengths, weaknesses, opportunities, and threats. It is a critical tool for a business since it is a part of strategic planning. In order to perform a swot analysis, it is necessary to identify the strengths, weaknesses, opportunities and threats for a business. An effective way to assess user requests for additional features and functions is by conducting a user survey and then analyzing the data.
