The document discusses the system development life cycle (SDLC) as a systematic method for organizations to implement change through new technologies. It describes the four phases of SDLC - planning, analysis, design, and implementation. The planning phase involves feasibility studies to understand economic, organizational, and technical factors. The analysis phase breaks down the problem and gathers stakeholder requirements. The design phase decides if the system will be internal or outsourced. The implementation phase builds, tests, trains users on, and evaluates the new system. SDLC provides a systematic strategy for large development projects involving many stakeholders.