This paper presents a framework to measure the business vaue of information technology investments – on specific initiatives and the overall performance of the enterprise. While enterprise level value delivery can be measured using common frameworks, this framework breaks this value down to the operational elements of the organization i.e. specific areas where the value is being created. An excellent framework to make better IT decisions that impact business value. Excellent Read!
Topic: Demonstrating the Value of IT
The business value of information technology (IT) has been debated for a number of years. While some authors have attributed large productivity improvements and substantial consumer benefits to IT, others report that IT has not had any bottom line impact on business profitability. In this paper, we focus on the fact that while productivity, consumer value and business profitability are related, they are ultimately separate questions. Accordingly, the empirical results on IT value depend heavily on which question is being addressed and what data are being used. Applying methods based on economic theory, we are able to define and examine the relevant hypotheses for each of these three questions, using recent firm-level data on IT spending by 370 large firms. Our findings indicate that IT has increased productivity and created substantial value for consumers. However, these benefits have not resulted in supranormal business profitability. We conclude that while modeling techniques need to be improved, these results are consistent with economic theory. Thus, there is no inherent contradiction between increased productivity, increased consumer value and unchanged business profitability.
This template provides an easy to use yet in-depth and meaningful checklist of questions to assess an investment proposal – it can be used to guide the development of your own business case as well.
This document provides an overview of a comprehensive investment lifecycle management framework to identify, select, fund, build, deploy and monitor investments – from investment proposals, to business cases to implemented solutions and key decisions in between.
This comprehensive guide provides policy, principles, process, framework, and examples for a complete and thorough management – identify, select, evaluate, fund, deploy, monitor – of major investments. You can adapt this guide to create your own Information Technology investment management process and framework.
This presentation discusses the use of information technology as a strategic weapon and presents and approach for IT strategy formulation.
This presentation presents six rebuttals to the "IT Doesn’t Matter" article.
This presentation introduces a framework to assess the impact of information technology – electronic communication – on economic market structure and to prove that market economies are more conducive in an electronic communication environment.
This is a guide to the Enterprise Performance Life Cycle (EPLC) framework to manage IT investments with an enterprise perspective – to achieve consistently successful outcomes that maximize alignment with enterprise-wide and division specific goals and objectives.
This article applies Michael Treacy and Fred Wiersema’s value discipline concept to analyze and align IT initiatives with business goals to maximize IT value.
A framework for business IT alignment.
A good IT Strategy Plan that you can use as a template to create your own.
This in-depth – 78 pages – presentation goes into just about everything you would have wanted to know about IT Strategy aka business IT alignment (ICT Strategy, IS strategy, IS strategic alignment, IT Alignment, strategic information systems planning (SISP)…)
This is an in-depth information technology strategic planning example that details the process and framework that CIOs can adapt to give direction to their own IT Organizations. Excellent Read!! (200 pages)
Use this template to create an IT strategic plan for your organization – aligning business with IT strategy. IT Strategy Template can be downloaded for free by CIO Index members.
CIOs can use this step-by-step guide to improve business IT alignment.
There are many definitions of IT Strategy. Which one is true?