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An Investigation of IBM's Business Systems Planning (BSP

Why do we need BSP in system planning?
BSP was a new approach to IA; its goals are to: Understand issues and opportunities with current applications.
Develop future technology supporting the enterprise.
Provide executives with direction and a decision-making framework for IT expenditures.
What is BSP in MIS?
IT Business systems planning (BSP) is a method of analyzing, defining and designing the information architecture of organizations.It is a complex method dealing with interconnected data, processes, strategies, aims and. organizational departments.
What is the process of planning a new business system?
Business systems planning looks at the whole organization to determine what information systems the business requires to fulfill its goals.
For large businesses, this can be an expensive process involving consultants and specialists, but smaller businesses can often perform the analysis and planning in house.
The Advantages of Having a Business Plan
This results in long-term profitability.
It also lets a company set benchmarks and Key Performance Indicators (KPIs) necessary to reach its goals.
Maximizes resource allocation: A good business plan helps to effectively organize and allocate the company's resources.

Why do we need BSP in system planning?