The purpose of this paper is to examine the practice and the management's role in strategic planning of information systems and to investigate how managers can be more successful in adopting and managing ICT in their companies.

The focus of this research paper is on the information as an important resource of today's organization. Recently, extremely turbulent business environment influenced the raising importance of information as a vital resource, which is often very complex and dynamic. Therefore, it is important how managers perceive and use information resources during the process of formulating effective strategic decisions in their companies. Furthermore, the paper exposes the problem of managerial support and managerial engagement in the process of ICT adoption.

This paper presents a qualitative and quantitative analysis of described issues, based on survey method and extensive literature analysis, both made by researchers. The respondents were managers at different managerial levels, who are also postgraduate students in the area of management at the Faculty of Organization and Informatics Varaždin, University of Zagreb. Survey results show the existing importance of information as a business resource. Also, results accentuate the importance of reasonable investment in information technology.