Strategic IT planning examines opportunities and threats to identify opportunities to exploit and threats to avoid. It answers three questions: where the organization currently stands, its desired future state, and how to get there. Planning challenges include balancing projects versus portfolios, funding infrastructure, and aligning business goals with systems plans. Approaches include top-down, bottom-up, and creative methods. Best practices include comprehensiveness, formality, focus, participation, consistency, and smooth workflow. The six stages are assembling a team, assessing needs, developing a vision and mission, communicating buy-in, prioritizing projects, and evaluating projects. Implementation considerations include resources, involvement, needs analysis, flexibility, resistance, relevance, ownership