Q Engage Informational technology?strategy helps to ensure that scarce technology and talent resources are being focused on achieving the organization’s goals. The same tools that can be used for organizational strategic planning, can help identify IT strategy. Organizations need to gather information to determine where they are now. This can be done in formal ways like through using the tools below. • SWOT analysis - Strengths, weaknesses, opportunities, threats • PESTLE analysis - Political, economic, societal, technological, legal, environmental (or just PEST analysis) • The Balanced Scorecard – customers, internal processes, organizational capacity, and financial • OKRs - Objectives and Key Results – establishing a clear goal with clear results Initial Post? Your initial post should be at least 400 words, utilize scholarly references and APA, and be posted by Thursday.?In your initial post, speak to some of the following questions:? 1. To the best of your ability, describe the IT strategic planning process. 2. Compare some of the strategic planning tools discussed and identify which ones you feel compliment IT strategy and why. 3. Why do reactive approaches to IT investments and initiatives fail? 4. What are the goals and benefits of aligning IT strategy to organizational strategy? 5. Why should IT strategic planning be revisited on a regular basis? 6. What are the functions of a steering committee? 7. Explain how a good IT strategy can help companies gain a competitive advantage in the marketplace. Response Post? By Sunday,?respond to at least two of your peers in at least 100 words.?Utilize scholarly references and APA. Ask questions to move the conversation forward.?? In your response, discuss the following with your classmates:?? 1. 1. Identify additional benefits to IT strategic planning. Evaluation This discussion will be graded using the discussion board rubric. Please review this rubric prior to beginning your work to ensure your participation meets the criteria in place for this discussion. All discussions combined are worth 30% of your final course grade.